22 C
Georgetown
Sunday, January 24, 2021

TechnipFMC set to deliver massive subsea production system for Payara development

Must Read

Twelve oil companies among those submitting information for Guyana’s 2nd EITI report

Twelve oil companies operating in Guyana are among those submitting information to the Guyana Extractive industries Transparency Initiative (GYEITI)...

Guyana deepwater drilling pushes Schlumberger fourth quarter 2020 results

Oilfield Services Company Schlumberger recorded $969 million in revenue for the Latin America region in the fourth quarter (Q4)...

Staatsolie: From a ‘voice in the wilderness’ to hitting deepwater jackpot

Staatsolie Maatschappij Suriname is the state oil company of Suriname established to execute the country’s oil policy which includes...
OilNOW
OilNow is an online-based Information and Resource Centre which serves to complement the work of all stakeholders in the oil and gas sector in Guyana.

Global oil and gas company, TechnipFMC, has been awarded a contract by ExxonMobil affiliate Esso Exploration and Production Guyana Limited, for delivery of the subsea system for the Payara development project.

Payara, ExxonMobil’s 3rd development at the Stabroek Block, was approved by the Guyana government on Wednesday paving the way for final investment decision by ExxonMobil.

TechnipFMC said 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.

“We are delighted to take the next step in the partnership established with ExxonMobil and the country of Guyana for their subsea developments,” said Arnaud Pieton, President Subsea. “As a continuation from Liza phase 1 and 2, this award is a tribute to the value created through this partnership and will also lead to growing further TechnipFMC’s local presence in Guyana.”

Pieton said the company continues to develop and deliver the most advanced proven subsea technologies enabling these developments with the schedule certainty required for the Payara Project first oil.

“In support of this project, TechnipFMC will continue hiring and training Guyanese engineers,” the company said.

In August, TechnipFMC invited Guyanese companies to submit Expressions of Interest (EOIs) for the construction of facilities it needs to support its subsea projects offshore the South American country.

The company said for its ongoing projects in Guyana, it will be providing Enhanced Vertical Deepwater Trees (EVDT), Tooling, Manifolds, Controls and Tie-in Equipment.

Payara is 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).

Latest News

Twelve oil companies among those submitting information for Guyana’s 2nd EITI report

Twelve oil companies operating in Guyana are among those submitting information to the Guyana Extractive industries Transparency Initiative (GYEITI)...

Guyana deepwater drilling pushes Schlumberger fourth quarter 2020 results

Oilfield Services Company Schlumberger recorded $969 million in revenue for the Latin America region in the fourth quarter (Q4) of 2020. The company said...

Staatsolie: From a ‘voice in the wilderness’ to hitting deepwater jackpot

Staatsolie Maatschappij Suriname is the state oil company of Suriname established to execute the country’s oil policy which includes exploration, drilling and the processing...

Guyana issues statement on detention of fishing vessels by Venezuelan Navy

Statement by Ministry of Foreign Affairs The Ministry of Foreign Affairs of the Cooperative Republic of Guyana has confirmed reports that two Guyanese registered fishing...

Guyanese aviation firm says training from Exxon opened door to oil and gas opportunities

Guyanese aviation company, Trans Guyana Airways, has been working with several local firms to provide services and key support to the oil and gas...

More Articles Like This