
ExxonMobil has put Japan’s MODEC in charge of a new floating production, storage, and offloading (FPSO) unit to be deployed on its seventh oil project in the Stabroek block off the coast of Guyana.

A newbuild ultra-deepwater drillship, managed by Ventura Offshore Midco, a subsidiary of the Brazilian deepwater offshore drilling contractor Ventura Offshore, has started its inaugural offshore drilling assignment in Brazilian waters with the South American country’s energy giant Petrobras.