ExxonMobil lets contract for Uaru development offshore Guyana

Dec. 15, 2022
ExxonMobil Guyana has let a subsea contract to Saipem SPA for Uaru oil field development in Stabroek block, offshore Guyana.

ExxonMobil has let a subsea contract to Saipem SPA for Uaru oil field development in Stabroek block, offshore Guyana, the service provider said in a release Dec. 15 (OGJ Online, Apr. 27, 2021).

The contract includes design, fabrication, and installation of subsea structures, risers, flowlines, and umbilicals for a large subsea production installation. Saipem was previously awarded four subsea contracts by ExxonMobil Guyana for prior developments in Liza Phase 1 and 2, Payara, and Yellowtail, and will perform operations by using its vessels, including FDS2 and Constellation.

Uaru, in the eastern portion of the block at a water depth of around 2,000 m, will target 1.319 billion boe and is expected to come online end-2026 (OGJ Online, Oct. 26, 2022).

ExxonMobil affiliate Esso Exploration and Production Guyana Limited is operator of the 6.6-million-acre Stabroek block with 45% interest. Hess Guyana Exploration Ltd. holds 30% and CNOOC Petroleum Guyana Ltd. holds 25%.

About the Author

Alex Procyk | Upstream Editor

Alex Procyk is Upstream Editor at Oil & Gas Journal. He has also served as a principal technical professional at Halliburton and as a completion engineer at ConocoPhillips. He holds a BS in chemistry (1987) from Kent State University and a PhD in chemistry (1992) from Carnegie Mellon University. He is a member of the Society of Petroleum Engineers (SPE).