ExxonMobil Corp. affiliate Esso Exploration and Production Guyana Ltd. has let a contract to TechnipFMC to supply the subsea production system for the Yellowtail development in the Stabroek block offshore Guyana.
Subject to government approvals and final project sanction, TechnipFMC will provide project management, engineering, manufacturing and testing capabilities to deliver the overall subsea production system. The scope of the project includes 51 enhanced vertical deepwater trees (EVDT) and associated tooling, as well as 12 manifolds and associated controls and tie-in equipment.
Yellowtail-1 was the fifth discovery in the Turbot area that includes Tilapia, Turbot, Longtail, and Pluma discoveries. It is expected to become a major development hub (OGJ Online, Apr. 18, 2019). The well encountered 292 ft of oil-bearing sandstone reservoir and was drilled to 18,445 ft in 6,046 ft of water.
The service provider values the contract between $500 million and $1 billion.