Friday, 28 April 2017

TechnipFMC confirms Liza field development contract for ExxonMobil

TechnipFMC has landed a contract for the engineering, manufacturing and delivery of subsea equipment for ExxonMobil's proposed Liza field development off Guyana.

The company said in a statement that it would be handling orders for "17 total enhanced vertical deep-water trees and associated tooling, as well as five manifolds and associated controls and tie-in equipment."

"We value our long-term, collaborative relationship with ExxonMobil and we are committed to execution excellence and the successful long-term development of the project in Guyana," Hallvard Hasselknipe, president of subsea projects at TechnipFMC, said in a statements.

Upstream had previously reported TechnipFMC to be in the lead for the subsea production systems (SPS) portion of the equipment.

The release did not specifically mention the work scope covering subsea umbilicals, risers and flowlines, for which the company was also contending.

Both TechnipFMC and bidding rival OneSubsea, which had been working alongside Subsea7, had aimed to sell operator ExxonMobil on joint packages for the development.

ExxonMobil operates Liza, in the Stabroek block, with a 45% stake, while US independent Hess has a 30% interest and China's CNOOC Ltd is on 25%.

The block lies about 193 kilometres (120 miles) off Guyana in between 4900 feet and 6200 feet of water.

The estimated resource is over 1 billion barrels of oil equivalent.