1. Home
  2. OIL & GAS
  3. Guyana FPSO Contract Awarded to Chinese Contractor

Guyana FPSO Contract Awarded to Chinese Contractor

Guyana FPSO Contract Awarded to Chinese Contractor
0

Bomesc (Beijing Oriental Marine Exploration & Construction) has secured contracts worth up to US$240 million to supply topsides modules for a future FPSO (Floating Production, Storage and Offloading) unit. The contracts involve Bomesc working under Modec subsidiaries in conjunction with ABB (Asea Brown Boveri) and VWS (Vestas Wind Systems).

Bomesc’s participation will focus on delivering the topside modules—the parts that carry processing equipment, utilities, safety systems, and more. The module fabrication is critical because the topsides dictate a large portion of the FPSO’s performance envelope and integration complexity.

For ExxonMobil, its partners, and Guyana, this contract bears several strategic implications: first, it diversifies the contractor base beyond traditional locales; second, it preloads risk into capital expenditure contracts offshore; and third, it raises the bar on execution timelines and quality expectations because FPSO integration is never forgiving.

From Bomesc’s perspective, landing this contract positions it as a contender in large-scale offshore module supply—not just in Asia, but globally. Delivering on this contract could pave the way to future projects across the Americas, Africa, and beyond.