MODEC’s FPSO reaches Guyana as ExxonMobil’s fifth oil project nears start-up

Japan’s MODEC has announced the arrival of a floating production, storage, and offloading (FPSO) vessel in Guyanese waters ahead of its deployment on a project in the Stabroek block, as the development moves closer to first oil expected later this year. The post MODEC’s FPSO reaches Guyana as ExxonMobil’s fifth oil project nears start-up appeared first on Offshore Energy .