MODEC tasked with full scope of Guyana-sure FPSO for ExxonMobil’s $6.8B oil project

Following a closing investment option (FID) for its seventh offshore oil pattern in the Stabroek block, ExxonMobil Guyana, a subsidiary of the U.S.-headquartered ExxonMobil, has establish Japan’s MODEC responsible of the complete engineering, procurement, constructing, and installation (EPCI) work for a floating production, storage, and offloading (FPSO) vessel destined to be deployed at its project off the waft of Guyana…
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