TechnipFMC awarded subsea contract for ExxonMobil project offshore Guyana worth up to $1 billion

World Oil Staff May 03, 2023

(WO) — TechnipFMC has been awarded a large contract by ExxonMobil Corporation affiliate, Esso Exploration and Production Guyana Limited, to supply the subsea production system for the Uaru project. The contract award is valued between $500 million and $1 billion.

TechnipFMC will provide project management, engineering, and manufacturing to deliver the overall subsea production system. The award covers 44 subsea trees and associated tooling, as well as 12 manifolds and associated controls and tie-in equipment.

Jonathan Landes, President, Subsea at TechnipFMC, commented, “This is ExxonMobil Guyana’s first project utilizing our Subsea 2.0 system, which leverages our configure-to-order model to deliver on an accelerated schedule.” TechnipFMC currently employs more than 100 Guyanese and expects to continue to hire and train additional local staff in support of this award.

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