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.
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.
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.