Aker Solutions has been awarded a sizeable [1] contract from ExxonMobil to provide dynamic and static subsea umbilical for the Uaru project in Guyana.

The contract includes delivery of three dynamic and seven static umbilicals totaling over 52 kilometers in length. Project execution, engineering, and manufacturing will take place at the Aker Solutions facility in Mobile, Alabama. The work will begin immediately, and delivery is planned for the first quarter of 2026.

The Uaru field is part of ExxonMobil’s Starbroek project in Guyana and is expected to add approximately 250,000 barrels of daily capacity after targeted start-up in 2026.

“We are excited by the award of the Uaru umbilical system, and to continue our relationship with ExxonMobil in Guyana, following the previous awards of the Payara and Yellowtail umbilical," said Maria Peralta, executive vice president and head of Aker Solutions' subsea business.

These projects constitute an important portfolio of work in one of the most exciting basins in the world.

The contract will be booked as order intake in the Subsea segment for the second quarter of 2023.

1) Aker Solutions defines a sizeable contract as between NOK 0.5 billion and NOK 1.5 billion.

About Aker Solutions

Aker Solutions delivers integrated solutions, products and services to the global energy industry. We enable low-carbon oil and gas production and develop renewable solutions to meet future energy needs. By combining innovative digital solutions and predictable project execution we accelerate the transition to sustainable energy production. Aker Solutions employs approximately 15,000 people in more than 20 countries.

About ExxonMobil

ExxonMobil, one of the largest publicly traded international energy and petrochemical companies, creates solutions that improve quality of life and meet society’s evolving needs.

The corporation’s primary businesses - Upstream, Product Solutions and Low Carbon Solutions - provide products that enable modern life, including energy, chemicals, lubricants, and lower emissions technologies. ExxonMobil holds an industry-leading portfolio of resources, and is one of the largest integrated fuels, lubricants and chemical companies in the world.

In 2021, ExxonMobil announced Scope 1 and 2 greenhouse gas emission-reduction plans for 2030 for operated assets, compared to 2016 levels. The plans are to achieve a 20-30% reduction in corporate-wide greenhouse gas intensity; a 40-50% reduction in greenhouse gas intensity of upstream operations; a 70-80% reduction in corporate-wide methane intensity; and a 60-70% reduction in corporate-wide flaring intensity.

With advancements in technology and the support of clear and consistent government policies, ExxonMobil aims to achieve net-zero Scope 1 and 2 greenhouse gas emissions from its operated assets by 2050.