TechnipFMC has announced that it has been awarded a “major” contract by Esso Exploration and Production Guyana Limited, a subsidiary of ExxonMobil Corporation, to supply the subsea production system for the Uaru project offshore Guyana.
The company, which defines a “large” contract as worth between $500 million and $1 billion, said it will provide project management, engineering and manufacturing to deliver the global subsea production system. The award covers 44 subsea trees and associated tools, as well as 12 manifolds and associated controls and connection equipment, TechnipFMC revealed.
The company said it currently employs over 100 Guyanese and added that it expects to continue to hire and train additional local staff to support this award.
“We are very proud to continue our relationship with ExxonMobil Guyana through this award, which is our fifth within the Stabroek Block,” TechnipFMC Subsea President Jonathan Landes said in a company statement.
“This is ExxonMobil Guyana’s first project to use our Subsea 2.0 system, which leverages our build-to-order model to deliver on an accelerated schedule,” he added in the statement.
Uaru FID
On 26 April, ExxonMobil announced that it had made a final investment decision for the Uaru development “after receiving the required government and regulatory approvals”.
The company said it expects Uaru to add approximately 250,000 barrels per day of capacity after a targeted start-up in 2026. ExxonMobil noted that the $12.7 billion Uaru project is expected to include up to 10 drilling centers and 44 production wells. production and injection intended to develop an estimated resource of more than 800 million barrels of oil.
“Our fifth multibillion-dollar investment in Guyana exemplifies ExxonMobil’s long-term commitment to the country’s sustained economic growth,” Liam Mallon, president of the ExxonMobil Upstream Company, said in a company statement.
“Our investments in Guyana and unparalleled development success continue to contribute to a secure and reliable global energy supply at this critical time,” Mallon added in the statement.
ExxonMobil made a final investment decision on Guyana’s fourth offshore project, called Yellowtail, in April last year. Two FPSOs, the Liza Destiny and the Liza Unity, are currently operating off the coast of Guyana, and a third FPSO, the Prosperity, is expected to be operational later this year, ExxonMobil noted in its announcement on 26 ‘April.
In that announcement, the company confirmed that it aims to have six FPSOs online by the end of 2027, “bringing Guyana’s production capacity to over 1.2 million barrels per day.”
TechnipFMC Awards
TechnipFMC has announced a number of contract awards this year, including a “substantial” agreement by Azule Energy on 28 February to supply flexible pipes for the Agogo West Central Integrated Development Project off the coast of Angola .
The company, which defines a “substantial” contract as worth between $250 million and $500 million, said at the time that the deal is one of its largest flexible pipe awards in West Africa.
On February 20, TechnipFMC announced that it had been awarded a “major” contract by TotalEnergies EP Angola for the Girassol Life Extension (GIRLIFEX) project, and on February 16 it announced that it had been awarded a “major” subsea contract ” for Irpa d’Equinor. development The company defines a “major” deal as one worth between $75 million and $250 million.
On the same day, the company announced the award of a “major” Equinor subsea project for the Verdande field and on January 31 revealed that it had been awarded a “large” integrated EPCI contract for the elevated development of Utsira from AKER BP.
On January 24, TechnipFMC announced the award of a “substantial” subsea services contract in Brazil by Petrobras, and on January 10 it revealed that Wintershall Dea had awarded it a “significant” subsea contract.
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