TechnipFMC has been awarded a large contract by Exxon Mobil Corp. affiliate, Esso Exploration and Production Guyana Ltd., on Nov. 15 to supply the subsea production system for the Yellowtail development.
Subject to government approvals and final project sanction, TechnipFMC will provide project management, engineering, manufacturing and testing capabilities to deliver the overall subsea production system. The scope of the project includes 51 enhanced vertical deepwater trees (EVDT) and associated tooling, as well as 12 manifolds and associated controls and tie-in equipment.
“We are very excited to continue our relationship with Exxon Mobil through this award, which is our fourth within the Stabroek block,” Jonathan Landes, president of subsea at TechnipFMC, said. “We are proud of our dedicated Guyanese employees and are committed to the continued development and expansion of local capabilities.”
TechnipFMC currently employs more than 60 Guyanese, and expects to continue to hire and train additional local staff in support of this award.
For TechnipFMC, a “large” contract is between $500 million and $1 billion; the full contract award will not be included in inbound orders until the project receives final investment decision and government approvals.
2022-07-21 - A Houston-based company is gearing up for a field trial in the Permian Basin to prove technology that aims to produce hydrogen biologically found in the oil reservoirs.
2022-09-16 - The new position in the dry gas Dorado play doubles SilverBow’s current Webb County acreage in South Texas, which now totals 15,000 acres with an estimated drilling inventory exceeding 200 gross locations.
2022-09-22 - Talos Energy’s acquisition of private operator EnVen Energy grows Talos’ deepwater Gulf of Mexico footprint with the company anticipating subsea tieback opportunities.
2022-08-19 - Brazil’s oil regulator ANP announced details of a permanent bid round for 11 offshore oil and gas exploration blocks and plans to open offer envelopes in mid-December.
2022-08-25 - The acquisition of Bjorger Cos.’s assets is LRG Energy’s ninth acquisition in the past four years, making LRG among the largest independent operators in the Texas Panhandle, the company said.