Saipem has been awarded a subsea contract by ExxonMobil subsidiary Esso Exploration and Production Guyana Limited (EEPGL) for the proposed Payara growth venture situated within the Stabroek block offshore Guyana at a water depth of round 2000 metres. The contract scope contains Subsea Structures, Risers and Flowlines.
Saipem was awarded earlier subsea contracts for the primary two phases of the Liza growth in Guyana by EEPGL in 2017 and in 2018, respectively.
Subject to authorities approvals, venture sanction by EEPGL and its companions HESS Guyana Exploration Ltd and CNOOC Nexen Petroleum Guyana Ltd and an authorization to proceed with the ultimate part, Saipem will carry out the detailed Engineering, Procurement, Construction and Installation (EPCI) of a giant subsea manufacturing facility. This facility will embody roughly 130 km of flowlines, inflexible risers, related terminations and jumpers along with the set up of manifolds, versatile risers, dynamic and static umbilicals and flying leads. Testing and pre-commissioning of the subsea discipline will observe set up.
Before the mandatory authorities approvals and venture sanction, the contract award will enable the beginning of restricted actions, particularly detailed engineering and procurement.
Saipem’s flagship vessels FDS2 and Constellation will carry out the offshore operations utilizing an optimized mixture of various pipe-lay strategies – J-Lay and Reel-lay.
Stefano Cao, Saipem’s CEO, commented: “The award of this new contract strengthens Saipem’s presence in Guyana. The long-term foundation of our cooperation with our shoppers is on the very basis of our enterprise mannequin. Working with ExxonMobil, particularly on the continued oil & fuel growth initiatives in Guyana, represents each a possibility and a accountability to protect our relationship with stakeholders via sustainable efficiency. Our relentless consideration to security, setting, innovation and value effectivity are key to consolidate our place as one of many main firms within the offshore subsea”.
(Source and picture: Saipem)
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