Core Insights - Baker Hughes has secured a significant multi-year contract from ExxonMobil Guyana to supply specialty chemicals and related services for the Uaru and Whiptail offshore developments in Guyana's Stabroek Block [1][2] - The contract encompasses all necessary chemicals for the Errea Wittu and Jaguar FPSO vessels, which are expected to commence production in 2026 and 2027, respectively [2][3] - Each FPSO will have a production capacity of 250,000 barrels per day, contributing to a total production capacity of approximately 1.3 million barrels per day for Guyana [3] Company Background - Baker Hughes is an energy technology company with a century of experience, operating in over 120 countries, and focuses on providing innovative solutions to energy and industrial customers [5] - The company has established a strong local presence in Guyana, including the opening of a multimodal supercenter in Georgetown in 2022 [4] Industry Context - The Uaru and Whiptail projects represent ExxonMobil Guyana's fifth and sixth developments in the country, which will include up to 20 drill centers and 92 production and injection wells [3] - Baker Hughes' expertise in oilfield and industrial chemicals positions it well to support complex FPSO operations in the region [3]
Baker Hughes Secures Major Chemicals Award from ExxonMobil Guyana for FPSOs