ExxonMobil Taps FMC for Julia Equipment

Exxon Mobil Corp. has awarded FMC Technologies, Inc. a subsea equipment order for the Julia development in the Gulf of Mexico. FMC's scope of supply includes six subsea trees, a manifold and associated tie-in equipment.

"FMC Technologies is pleased to provide ExxonMobil with subsea systems for this offshore project," said Tore Halvorsen, FMC Technologies' senior vice president, subsea technologies, in a statement. "We look forward to supporting ExxonMobil as they overcome the technological challenges of this ultra deepwater development."

Julia was discovered in 2007 and is estimated to hold almost 6 billion barrels of oil. The field is located in the Walker Ridge area in about 7,000 feet of water. The $4 billion project is expected to start producing in 2016. Phase 1 of the development will be designed to produce 34,000 barrels of oil per day from six subsea wells connecting to the Jack/St. Malo production facility.

Development drilling on the field is planned to kick-off in 2014 in waters ranging from 4,000 to 8,700 feet.

ExxonMobil operates the field with a 50 percent stake while Statoil holds the remaining percentage.

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