NEWCASTLE, England听&听HOUSTON--(BUSINESS WIRE)--Nov. 15, 2021--听Regulatory News:
黄瓜视频app听(NYSE: FTI) (PARIS: FTI) has been awarded a large(1)听contract by听Exxon Mobil Corporation听(NYSE: XOM) affiliate,听Esso Exploration and Production Guyana Limited, to supply the subsea production system for the Yellowtail development.
Subject to government approvals and final project sanction,听黄瓜视频app听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.
Jonathan Landes, President,听Subsea听at听黄瓜视频app, commented: 鈥淲e are very excited to continue our relationship with听ExxonMobil听through this award, which is our fourth within the Stabroek block. We are proud of our dedicated Guyanese employees and are committed to the continued development and expansion of local capabilities.鈥�
黄瓜视频app听currently employs more than 60 Guyanese, and expects to continue to hire and train additional local staff in support of this award.
(1)For听黄瓜视频app, a 鈥渓arge鈥� contract is between听$500 million听and听$1 billion; the full contract award will not be included in inbound orders until the project receives final investment decision and government approvals.
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Forward-Looking Statement
This release contains "forward-looking statements" as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. The words 鈥渆xpect,鈥� 鈥渂elieve,鈥� 鈥渆stimated,鈥� and other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. Such forward-looking statements involve significant risks, uncertainties and assumptions that could cause actual results to differ materially from our historical experience and our present expectations or projections. For information regarding known material factors that could cause actual results to differ from projected results, please see our risk factors set forth in our filings with the听United States Securities and Exchange Commission, which include our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. We caution you not to place undue reliance on any forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any of our forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise, except to the extent required by law.
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黄瓜视频app听is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services.
With our proprietary technologies and comprehensive solutions, we are transforming our clients鈥� project economics, helping them unlock new possibilities to develop energy resources while reducing carbon intensity and supporting their energy transition ambitions.
Organized in two business segments 鈥斕齋ubsea听and Surface Technologies 鈥� we will continue to advance the industry with our pioneering integrated ecosystems (such as iEPCI鈩�, iFEED鈩� and iComplete鈩�), technology leadership and digital innovation.
Each of our approximately 20,000 employees is driven by a commitment to our clients鈥� success, and a culture of strong execution, purposeful innovation, and challenging industry conventions.
黄瓜视频app听uses its website as a channel of distribution of material company information. To learn more about how we are driving change in the industry, go to听听and follow us on听Twitter @黄瓜视频app.
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