PG&E Corporation reported first-quarter 2025 earnings with a slight decline compared to the previous year, but reaffirmed its ...

ExxonMobil has granted MODEC a limited notice to proceed on a new floating production, storage, and offloading (FPSO) vessel ...

MODEC Inc. has secured a contract from ExxonMobil Guyana Ltd. to develop a Floating Production, Storage, and Offloading (FPSO ...

The contract for the Hammerhead FPSO has been awarded to Modec on a Limited Notice To Proceed (LNTP) basis by ExxonMobil ...

ExxonMobil Guyana Ltd. has let a contract to MODEC Inc. to develop a floating production, storage, and offloading (FPSO) vessel for the Hammerhead project, marking the service provider’s second FPSO ...

MODEC secures ExxonMobil Guyana contract for Hammerhead FPSO development. Find the latest news from the maritime industry on the PortNews website.

MODEC has been awarded a contract by ExxonMobil Guyana to develop an FPSO for the Hammerhead project.The Hammerhead FPSO will ...

The Guyanese government has announced the arrival of the fourth floating production, storage and offloading vessel that will ...

The One Guyana Floating Production, Storage and Offloading (FPSO) vessel arrived in local waters yesterday. Built by SBM ...

SBM Offshore announces it has signed a non-recourse sale and leaseback financing agreement for FPSO Cidade de Paraty for the total amount of US$400 million and with a tenor of 8 years. The ...

Aliki Paliou-led Performance Shipping has entered into a forward sale and exclusivity agreement with an undisclosed third party for its older tanker, which may be converted into a floating production ...

Performance Shipping, a US-listed aframax owner led by Aliki Paliou, is set to make its second profitable ship sale in quick succession. Just two weeks after securing a $21.5m gain from the sale ...