TechnipFMC secures major subsea contract for Exxon’s Whiptail project

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TechnipFMC has been awarded a large contract in Guyana’s Stabroek Block by ExxonMobil Guyana to supply subsea production systems for the Whiptail project. The contract value is between US$500 million and US$1 billion.

This follows the greenlighting of the project by the Guyana government, and subsequent final investment decisions (FID) by the Stabroek Block co-venturers.

TechnipFMC will provide project management, engineering, and manufacturing to deliver 48 subsea trees and associated tooling, as well as 12 manifolds and associated controls and tie-in equipment.

Jonathan Landes, President, Subsea at TechnipFMC, commented: “ExxonMobil Guyana will utilize our Subsea 2.0® systems and manifolds, which help provide schedule certainty. We have already delivered more than 100 subsea trees for ExxonMobil Guyana – the location of one of the world’s fastest developing basins – and we look forward to deepening our relationship with them through Whiptail.”

TechnipFMC said it currently employs nearly 140 Guyanese, and expects to continue to hire and train additional local staff in support of this award.

Whiptail is TechnipFMC’s most recent award from ExxonMobil Guyana, where the company has been awarded subsea production system contracts since the first award in 2017 for Liza 1.

Following its FID, ExxonMobil also awarded contracts to SBM Offshore to build and deploy the Jaguar floating production, storage and offloading vessel, and Saipem for the engineering, procurement, construction and installation (EPCI) of a subsea production facility. 

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