Japan, April 21 -- MODEC, Inc. (MODEC) is pleased to announce that it has been awarded a contract by ExxonMobil Guyana Limited (ExxonMobil) Floating Production, Storage, and Offloading (FPSO) vessel for the Hammerhead project.The contract is a Limited Notice To Proceed (LNTP) by ExxonMobil Guyana, pending necessary government and regulatory approval. Phase one encompasses Front-End Engineering and Design (FEED) while phase two covers Engineering, Procurement, Construction, and Installation (EPCI).The LNTP allows MODEC to start activities related to the FPSO design to ensure the earliest possible project startup in 2029, should the project receive the necessary government approvals. The performance of the second phase (i.e., construction and...