Aker Solutions, a leading global provider of engineering and subsea services, has been awarded a substantial contract from ExxonMobil Guyana for the Uaru project. The contract entails the provision of dynamic and static subsea umbilicals and includes the delivery of three dynamic and seven static umbilicals, totaling over 52 kilometres in length. Aker Solutions’ facility in Mobile, Alabama, will be responsible for project execution, engineering, and manufacturing.
The work is set to commence immediately, with delivery scheduled for the first quarter of 2026.
For Aker, a sizeable contract falls between NOK 0.5 billion and NOK 1.5 billion.
The Uaru field, an integral part of Exxon’s projects in Guyana, is expected to significantly boost production capacity, contributing approximately 250,000 barrels per day upon its targeted start-up in 2026. This latest contract award further solidifies Aker Solutions’ collaboration with Exxon, following the previous successful awards of the Payara and Yellowtail umbilicals, the company said in a release.
Expressing enthusiasm for the Uaru umbilical system contract, Maria Peralta, Executive Vice President and Head of Aker Solutions’ subsea business, said, “We are excited by the award of the Uaru umbilical system, and to continue our relationship with ExxonMobil in Guyana, following the previous awards of the Payara and Yellowtail umbilical. These projects constitute an important portfolio of work in one of the most exciting basins in the world.”
The significant contract will be recorded as order intake in Aker Solutions’ Subsea segment for the second quarter of 2023.
Aker Solutions is renowned for its industry-leading technologies and deep knowledge of subsea engineering and production systems. With a global footprint and a strong track record, the company has successfully executed numerous projects worldwide, contributing to the development of offshore energy resources in a safe, efficient, and sustainable manner.