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Guyana welcomes the announcement made today by ExxonMobil – Ministry of Natural Resources

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The Ministry of Natural Resources today issued a press release in response to the announcement made by ExxonMobil regarding the discovery of more than 82 feet (25 meters) of high-quality, oil-bearing sandstone reservoirs at their Snoek well. The text of the...
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MODEC profit rises 78% as demand stays firm for ultra-deepwater FPSO projects

MODEC reported a 78.2% increase in profit for the first quarter of 2026, supported by steady progress on floating...