22 C
Georgetown
Sunday, February 28, 2021

Exxon hits milestone at Stabroek Block as 1st pipe for Liza Phase 1 touches seabed

Must Read

Experts set to discuss Guyana’s gas to power project in OilNOW TV Sunday premiere

A panel discussion on Guyana’s planned gas to power project will premiere on OilNOW TV this evening as part...

Is the world heading for a shortfall in global oil supply?

By Dean Foreman, Chief Economist at American Petroleum Institute It’s possible we could be headed for a shortfall in global oil...

Suriname lines up new shore base port

(Caribbean Maritime) In 2020, amid the worldwide Covid-19-induced economic downturn, Suriname reached second place, only behind Russia, in terms...
OilNOW
OilNow is an online-based Information and Resource Centre which serves to complement the work of all stakeholders in the oil and gas sector in Guyana.

Installation for the Liza Phase 1 Development in Guyana reached a milestone on Friday as the Saipem FDS 2 vessel lowered the first pipe to the seabed in preparation for oil production just months away.

Deedra Moe, ExxonMobil Guyana Senior Director, Public and Government Affairs

In a comment to OilNOW on Wednesday, ExxonMobil Guyana Senior Director, Public and Government Affairs, Deedra Moe, said the company is excited to have reached this milestone on its journey towards first oil in 2020.

“We’re incredibly excited to have reached this milestone marking an important step towards first oil early next year. Installation of subsea pipes and equipment will continue over the next several months,” she said.

The Saipem FDS 2 will install more than 6,000 pipes at the Liza field for the Phase 1 Development. The ultra deepwater construction DP 3 vessel, Saipem Constellation, will also arrive in Guyana later this year to connect the Liza Destiny FPSO to subsea equipment.

RELATED

Saipem ramping up work ahead of Liza Destiny arrival; in-country fabrication planned for Phase 2

Why is Exxon drilling 17 wells for Liza Phase 1?

Latest News

Experts set to discuss Guyana’s gas to power project in OilNOW TV Sunday premiere

A panel discussion on Guyana’s planned gas to power project will premiere on OilNOW TV this evening as part...

Is the world heading for a shortfall in global oil supply?

By Dean Foreman, Chief Economist at American Petroleum Institute It’s possible we could be headed for a shortfall in global oil supply as soon as next...

Suriname lines up new shore base port

(Caribbean Maritime) In 2020, amid the worldwide Covid-19-induced economic downturn, Suriname reached second place, only behind Russia, in terms of discovered oil and gas...

Proposal to have 111 categories of service with high local content targets unrealistic – AMI Co-Director

If Brazil with a population of over 200 million people found it difficult to achieve high or progressive local content targets for 90 categories...

Will oil companies start spending again? Cash generation could hit record levels in 2021

By Simon Flowers - Chairman, Chief Analyst and author of The Edge at Wood Mackenzie This could be the year oil and gas roars back. Tom...

More Articles Like This