Key Takeaways ExxonMobil authorized Saipem to begin work on a $500M EPCI contract for Hammerhead offshore Guyana.The deal covers subsea systems, umbilicals, risers, and flowline structures to support production.Offshore activities are set for 2028, with logistics run from the VEHSI yard in Guyana.Exxon Mobil Corporation (XOM) , a U.S.-based energy major, has granted Saipem S.p.A., an Italian oilfield services provider, the authorization to start with the tasks associated with its engineering, procurement, c ...