TechnipFMC, a global leader in delivering projects, products, technologies and services to the energy industry, announced today that it has been awarded a large contract by Exxon Mobil Corporation’s subsidiary Esso Exploration and Production Guyana Limited (“EEPGL”) to provide the subsea system for the proposed Payara project. For TechnipFMC, a “large” contract ranges between US$500 million and US$1 billion.
According to the UK company, it will manufacture and deliver the subsea production system, including 41 enhanced vertical deep water trees and associated tooling, six flexible risers and ten manifolds along with associated controls and tie-in equipment.
In support of this project, TechnipFMC said it will continue hiring and training Guyanese engineers.
Payara is the second oil discovery in the Stabroek Block located approximately 193 km (120 miles) offshore Guyana with water depths of 1,500 m (4,900 ft) to 1,900 m (6,200 ft). ExxonMobil affiliate, Esso Exploration and Production Guyana Limited (EEPGL), is the operator of the block.
