TechnipFMC, a leading global provider of technology solutions for the energy sector, has been awarded a significant contract by ExxonMobil Guyana Limited, an affiliate of Exxon Mobil Corporation. The contract, valued between $500 million and $1 billion, involves subsea production systems for the expansive Whiptail oil project in the Stabroek Block offshore Guyana.
TechnipFMC will provide comprehensive project management, engineering, and manufacturing services for this contract. The company will deliver 48 subsea trees and associated tooling, along with 12 manifolds and corresponding controls and tie-in equipment. Drilling, completing, and interventions on subsea wells are carried out from a floating rig or vessel that is either anchored or dynamically positioned. Most of the time the rig is on location it will be connected to the seabed through either a subsea drilling riser or production riser.
“Our advanced Subsea 2.0® systems and manifolds will help provide schedule certainty for ExxonMobil Guyana. We have already delivered more than 100 subsea trees for ExxonMobil Guyana, demonstrating our commitment to this rapidly developing basin. We look forward to deepening our relationship with them through the Whiptail project,” said Jonathan Landes, President of Subsea at TechnipFMC.
ExxonMobil recently announced the final investment decision for the Whiptail project. Whiptail promises a significant boost to Guyana’s oil production capacity, with an expected output of approximately 250,000 barrels per day (bpd) by 2027.
TechnipFMC plays a significant role in Guyana’s economic development. The company employs nearly 140 Guyanese staff members and plans to hire and train additional local personnel as the Whiptail project progresses.
This latest award strengthens TechnipFMC’s ongoing partnership with ExxonMobil Guyana, where the company has been a reliable supplier of subsea production systems since the Liza Phase 1 project in 2017.
The Whiptail project highlights the growing importance of Guyana’s oil sector and reinforces the commitment of both ExxonMobil Guyana and TechnipFMC to the region’s economic growth and sustainable energy development.
