UK-based CRP Subsea has been awarded a “major” contract from an unnamed “leading energy technology company,” for an offshore oil field project located approximately 200 kilometers off the northern coast of Guyana.
The announcement was made by AIS, CRP Subsea’s parent company, on August 23.
Under this contract, CRP Subsea said it will supply over 100 Distributed Buoyancy Modules (DBMs) to the project. These DBMs are essential components used to provide uplift between subsea structures and surface vessels or platforms.
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They are crucial in maintaining the integrity and stability of the offshore oil transportation system. The DBMs will be deployed on two 8-inch dynamic flexibles that transport oil from subsea installations to a flotation unit positioned above. They will be operating at depths of around 1,700 meters.
“The DBMs are engineered to manage the top tension on the floating production, storage, and offloading (FPSO) unit by maintaining a dynamic lazy wave configuration. This is achieved using a high-capacity compliant internal clamp, that applies a controlled, uniform circumferential pressure around the riser. The clamps ensure that the DBMs remain securely in place, and consequently minimising the risk of pipeline damage and extending the operational life of the field,” CRP Subsea said.
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Meanwhile, Head of Sales at CRP Subsea, Ben Stubbens expressed his gratitude, stating that he was proud that the company was chosen for the project.
“We are proud that a key customer chose us to supply DBMs for this project. It’s fantastic to see our marketing-leading internal clamp technology continues to be the solution of choice. It’s renowned for reducing installation risks and ensures reliable deepwater flexible riser operation. We look forward to future collaborations and supporting more projects for our valued customer,” Stubbens said.
The DBMs will be manufactured at CRP Subsea’s state-of-the-art facility in North West England. Project engineering work is already underway, with the delivery of the DBMs scheduled for May 2025.
Financial details of the contract have not been disclosed.
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ExxonMobil currently has several significant offshore oil projects located approximately 200 kilometers from the coast of Guyana, primarily within the Stabroek Block and has brought several fields to production already.
Exxon has so far added three oil developments, which are producing over 600,000 barrels per day (b/d).
