Marine Well Containment Project Awards Front-End Engineering Design Contract for Subsea Equipment

HOUSTON, TX, October 7, 2010 –ExxonMobil, on behalf of the Marine Well Containment Company (MWCC), today announced the award of a contract to Technip for front-end engineering and design of underwater well-containment equipment. This equipment, when complete, will be used by the MWCC to provide emergency response services in the U.S. Gulf of Mexico.

The scope of the work includes system engineering and design of specific subsea components including the containment assembly, manifold, control umbilicals, accumulator, dispersant injection, risers, and flowlines.

ExxonMobil is leading the engineering, procurement and construction of the marine well containment system on behalf of the sponsor companies, which also include Chevron, ConocoPhillips and Shell. A project organization of 100, staffed from the four companies, is working full-time on the design of the new system.

“We are on schedule to develop this specialized containment equipment that will significantly increase the industry’s response capabilities in the Gulf of Mexico,” said Lloyd Guillory, marine well containment system project executive. “In addition to the construction of new equipment, we are continuing efforts to secure existing system components to be available for near-term use.”

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Marine Well Containment Company (MWCC) is an independent company founded in 2010 to address the need for a deepwater well containment response capability in the U.S. Gulf of Mexico.

MWCC's industry-leading approach to deepwater well control incidents is built on three pillars: dedicated equipment, a highly skilled organization, and a preeminent responder training program.

MWCC has the most comprehensive portfolio of source control equipment to cover a broad range of well characteristics. The ownership of this system comes with great responsibilities to…