# TechnipFMC wins $500M-$1B subsea contract from ExxonMobil for Payara project

TechnipFMC has won a large subsea contract from Esso Exploration and Production Guyana Limited (ExxonMobil unit) for the Payara project offshore Guyana. The contract is valued between $500 million and $1 billion and includes subsea production systems.

- Type: Contract
- Announced: 2020-10-01
- Where: Stabroek Block, offshore Guyana, Guyana
- Value: $500.0M
- Status: announced
- Products: subsea production systems, subsea trees, manifolds, flexible risers
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [TechnipFMC](https://endata.com/companies/1151.md) (supplier)
- [ExxonMobil](https://endata.com/companies/1345.md) (customer)

## Sources

- [rigzone.com](https://www.rigzone.com/news/exxon_contract_worth_at_least_500mm_to_technipfmc-02-oct-2020-163463-article/), 2020-10-02: "We are delighted to take the next step in the partnership established with ExxonMobil and the country of Guyana for their subsea developments."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.