Deals Counterparts

ABL contracted for marine warranty survey services on ExxonMobil's Hammerhead development offshore Guyana

Supply Agreement Oil Gas announced Guyana Mar 11, 2026
development
Stage
Hammerhead development
Project

Energy and marine consultancy ABL has been contracted to provide marine warranty survey services for marine operations and installation activities on ExxonMobil's Hammerhead development offshore Guyana. The Hammerhead project is expected to be the seventh development in the Stabroek Block, located around 200 km offshore Guyana, and includes 18 subsea production and injection wells and a spread-moored floating production, storage and offloading (FPSO) unit. Offshore installation activities are scheduled to take place in 2027 and 2028.

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Deal Analysis

ExxonMobil has secured ABL for marine warranty survey services on its Hammerhead development offshore Guyana, a critical risk management function for complex offshore installations. This supply agreement, announced on 2026-03-11, addresses the inherent operational risks associated with deploying a spread-moored floating production, storage and offloading (FPSO) unit and 18 subsea wells. ABL's technical oversight will be crucial for marine operations and installation activities scheduled for 2027 and 2028. The undisclosed value suggests a focus on specialized expertise rather than a capital-intensive procurement, ensuring independent verification for ExxonMobil's seventh expected development in the Stabroek Block. For ABL, a London-based global independent energy and marine consultancy with over 1,200 employees across 39 countries, this contract reinforces its position in high-stakes offshore projects. The engagement adds the Hammerhead development to ABL's portfolio of technical advisory and marine consulting services. ExxonMobil, an energy and chemical company, continues to invest in its global energy portfolio by advancing the Hammerhead project, located approximately 200 km offshore Guyana. This development, featuring 18 subsea production and injection wells, represents a key component of ExxonMobil's strategy to meet growing energy needs. The engagement for Hammerhead illustrates the persistent need for specialized third-party expertise in the development phase of large-scale oil and gas projects, particularly in frontier regions like offshore Guyana.
  • ABL, a London-based consultancy, operates with over 1,200 employees across 39 countries.
  • The Hammerhead development is ExxonMobil's seventh expected project in the Stabroek Block offshore Guyana.
  • Offshore installation activities for the Hammerhead project are scheduled for 2027 and 2028.
  • The project includes 18 subsea production and injection wells and a spread-moored FPSO unit.
  • The deal was announced on 2026-03-11.
  • Project location is approximately 200 km offshore Guyana.

Source Intelligence

KEY DETAILS

ABL has been contracted to provide marine warranty survey services for marine operations and installation activities. Offshore installation activities are scheduled to take place in 2027 and 2028. The Hammerhead project is expected to be the seventh development in the Stabroek Block. The development includes a spread-moored floating production, storage and offloading (FPSO) unit that will offload crude directly to conventional export tankers in a tandem mooring configuration. Produced gas from the development will be transported through the gas-to-energy pipeline system for delivery either to the Unity facility or to an onshore gas-to-energy plant. ABL's involvement with Hammerhead is a follow-on from its involvement with ExxonMobil’s Liza 1, Liza 2, Payara, Yellow Tail and Uaru projects. The project will be managed from ABL’s Houston office with support from its global network of offices including Calgary, Paris, Rotterdam and Rio de Janeiro.

Location
ExxonMobil’s Hammerhead development offshore Guyana. The Hammerhead project is expected to be the seventh development in the Stabroek Block, located around 200 km offshore Guyana in water depths ranging from 850 to 1,725 metres.
Announcement
Published Mar 11, 2026 8:00 am ET
PARTIES MENTIONED IN SOURCE
A
ABL seller

"Energy and marine consultancy ABL has been contracted to provide marine warranty survey services"

E
ExxonMobil buyer

"ExxonMobil’s Hammerhead development offshore Guyana"

high quality Enriched Mar 11, 2026

Timeline

Announced
Mar 11, 2026
Signed
Closed

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