New Wave Offshore Energy has been selected to conduct the Marine Assurance Study (MWS) for ExxonMobil’s Whiptail project in the Stabroek Block , Guyana . This contract consolidates its position in the offshore industry, overseeing safety and risk management for a $12.7 billion investment.
A strategic contract for offshore expansion
The scope of the agreement includes safety and compliance inspections during the transportation and installation phases of the infrastructure. New Wave Offshore will provide independent technical assessments to ensure the operational integrity of the project.
Kyle Eddings, CEO of New Wave Offshore, noted that this award reinforces ExxonMobil’s confidence in its technical capabilities. Meanwhile, Megan Eddings, Chief Strategy Officer, emphasized that this contract reinforces its growth as a key provider of marine warranties.
New Wave Offshore’s role in the Whiptail project
The company has worked with ExxonMobil in various phases of its projects in Guyana . Its expertise in offshore supervision and risk analysis positions it as a key player in operational safety in the marine energy sector.
The marine assurance study focuses on validating that operations meet international safety and efficiency requirements . This independent audit is key to mitigating risks during project development.
The Stabroek block continues to attract investment and consolidate its position as a strategic hub in the oil and gas industry. With this contract, New Wave Offshore reaffirms its role in the supervision of high-value offshore projects.
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Source and photo: New Wave Offshore
