Thursday, August 11, 2022

Bayphase Ltd. awarded contract to review plans for ExxonMobil’s 3rd development offshore Guyana

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Guyana’s Department of Energy (DE) said on Tuesday it has successfully completed the evaluation of eleven Expressions of Interest from international firms for support services in review and evaluation of ExxonMobil’s Payara Field Development Plans.

The Expressions of Interest received in October 2019, were for consultancy services to support Oil and Gas Project Development Evaluation for the Payara Field offshore Guyana, the DE said.

“In accordance with the Procurement Plan of the Guyana Petroleum Resources Governance and Management Project (GPRGMP) and the Procurement Method of Consultant’s Qualifications Selection (CQS), a team of evaluators largely exclusive to the DE, selected the highest ranked evaluated firm, Bayphase Geologists, Engineers and Investment Analysts Limited (Bayphase Ltd.).   The firm was then invited to submit a technical and financial proposal,” the Department said.

DE said the combined Evaluation Report and the recommendation for contract award were subsequently approved by the National Procurement and Tender Administration Board. The Contract commenced December 30, 2019 and will last for a period of four months.

“Under this consultancy, Bayphase will provide advisory services and technical support to the Government of Guyana through the Department of Energy (DE) as Guyana seeks to rapidly build out its in-house technical capacity,” DE stated.

The project covers such areas as an in-depth review of the Payara field development plan (FDP), environmental impact assessment (EIA) and supporting documents.

“It also includes on-the-job training for Guyanese and preparation of draft national FDP guidelines. Amongst beneficiaries of training from Bayphase will be the Environmental Protection Agency (EPA), Department of Energy (DE) and the Guyana Geology and Mines Commission Petroleum Division (GGMC-PD),” the Department added.

It is expected that this consultancy will help to advance the DE’s strategy in rapidly building national capacity and in levelling the playing field between state actors and the highly experienced international private sector operating in Guyana’s petroleum sector.

The 220,000 barrels per day Payara Development Project is expected to come on stream by 2023, closely following the Liza Phase 1 and 2 developments at the 6.6 million acres Stabroek Block.

ExxonMobil began oil production at Liza Phase 1 on December 20.

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