ExxonMobil unit lets contract for Liza project offshore Guyana

ExxonMobil Corp. unit Esso Exploration & Production Guyana Ltd. has let an engineering, procurement, construction, and installation (EPCI) contract to Saipem SPA for the Liza project 120 miles offshore Guyana in 1,800 m of water.

EPCI work is scheduled to begin in 2019. Saipem will provide work on the risers, flow lines, and associated structures and jumpers. The contract also includes transportation and installation of umbilicals, manifolds, and foundations for production as well as water and gas injection systems.

Esso executives have said Liza is expected to produce an average 100,000 b/d of oil when it is scheduled to come on stream in 2020. Natural gas production of 165 MMscfd also is expected.

Plans call for use of a floating production, storage, and offloading unit (OGJ Online, Dec. 20, 2016).

ExxonMobil submitted an application for a production license and its initial development plan for Liza field in early December (OGJ Online, Nov. 18, 2016). The development plan was submitted to the Guyana Ministry of Natural Resources.

Liza field is on the 27,000-sq-km Stabroek block and has a potential resource estimate of more than 1 billion boe.

Esso is operator and holds 45% interest in Stabroek. Hess Guyana Exploration Ltd. holds 30% while CNOOC Nexen Petroleum Guyana Ltd. holds 25%.