Aker Solutions wins umbilicals contract for ExxonMobil's Uaru Project in Guyana

May 19, 2023 - 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 Guayna 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. These projects constitute an important portfolio of work in one of the most exciting basins in the world," said Maria Peralta, executive vice president and head of Aker Solutions' subsea business.

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.

ENDS