TechnipFMC (FTI) Secures Contract in Guyana's Stabroek Block
TechnipFMC(FTI) Zacks Investment Research·2024-04-16 13:21
TechnipFMC plc (FTI) has clinched a substantial contract in Guyana’s Stabroek Block from Exxon Mobil Corporation (XOM) affiliate ExxonMobil Guyana Limited in a significant development for the offshore oil and gas industry. This contract, valued between $500 million and $1 billion, marks a milestone for both parties involved. The project, known as the Whiptail project, highlights the growing significance of the Guyana basin in global energy production.Contract DetailsTechnipFMC, a leading provider of integra ...