TechnipFMC wins another subsea contract in Stabroek Block

TechnipFMC has secured a contract by Exxon Mobil Corporation affiliate Esso Exploration and Production Guyana to supply the subsea production system for the Yellowtail development in the Stabroek block.

TechnipFMC will provide project management, engineering, manufacturing and testing capabilities to deliver the overall subsea production system.

The scope 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 ExxonMobil through this award, which is our fourth within the Stabroek Block. We are proud of our dedicated Guyanese employees and are committed to the continued development and expansion of local capabilities,” said Jonathan Landes, president, Subsea at TechnipFMC.

TechnipFMC currently employs more than 60 Guyanese, and expects to continue to hire and train additional local staff in support of this award.

The Stabroek Block has a surface of 26,800 square kilometers. Esso Exploration and Production Guyana Limited is the operator and holds a 45% interest in the Block. Hess Guyana Exploration Ltd. holds a 30% interest and CNOOC Petroleum Guyana Limited, a wholly-owned subsidiary of CNOOC Limited, holds a 25% interest.

Yellowtail is the fourth project that has been identified within the Stabroek Block and will see the development of the Yellowtail and Redtail fields. The start-up is anticipated in late 2025, pending government approvals and final project sanctioning.

This summer, ExxonMobil announced it had selected TechnipFMC and Halliburton to provide the Odassea subsea fiber optic solution for the Payara development project in the Stabroek Block.