MODEC has secured a contract from ExxonMobil Guyana to deliver the Hammerhead FPSO, with initial design work underway and production capacity set at 150,000 barrels per day pending regulatory approval.
Equinor forecasts 10%–20% production decline at Johan Sverdrup field in 2026
Equinor expects oil production from the Johan Sverdrup field — the North Sea’s largest producing...

