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TechnipFMC Secures Large Subsea Contract For ExxonMobil Guyana's Whiptail Project; No Terms Dsiclosed

Author: Benzinga Newsdesk | April 15, 2024 04:16pm

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. TechnipFMC currently employs nearly 140 Guyanese, and expects to continue to hire and train additional local staff in support of this award. For TechnipFMC, a "large" contract is between $500 million and $1 billion. This award will be included in inbound orders in the second quarter of 2024.

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