ExxonMobil sticks with Saipem for third deepwater Guyana project

Nov. 14, 2019
ExxonMobil has awarded Saipem a wide-ranging subsea construction contract for the proposed Payara development in 2,000 m (6,562 ft) water depth in the Stabroek block offshore Guyana.

Offshore staff

SAN DONATO MILANESE, Italy – ExxonMobil has awarded Saipem a wide-ranging subsea construction contract for the proposed Payara development in 2,000 m (6,562 ft) water depth in the Stabroek block offshore Guyana.

Saipem has been doing similar work for the first two phases of the Liza development in the same block.

Subject to government approvals and, project sanction by the partners, the company will perform the detailed engineering, procurement, construction,  and installation (EPCI) of around 130 km (81 mi) of flowlines, rigid risers, associated terminations and jumpers along with the installation of manifolds, flexible risers, dynamic and static umbilicals and flying leads.

Testing and pre-commissioning of the subsea facilities will follow installation. The contract award allows the start of limited activities prior to the approvals, namely detailed engineering and procurement.

Saipem’s FDS2 and Constellation will perform the offshore operations using a combination of J-lay and reel-lay.

In addition, the company has secured variation orders for works linked to ongoing offshore E&C projects offshore Saudi Arabia and Azerbaijan and in the North Sea.

The overall value, including Payara, is close to $880 million.

11/14/2019