Guyana seeks consultant to review development plan for Exxon’s giant Uaru project

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The Government of Guyana issued on Wednesday, a request for Expressions of Interests (EOI) from suitable consulting firms to review the Uaru Field Development Plan (FDP) to be prepared by ExxonMobil affiliate and Stabroek Block operator, Esso Exploration and Production Guyana Limited (EEPGL).

The Uaru development is targeting approximately 1.319 billion oil-equivalent barrels, making it the largest project offshore Guyana. It will tap into the Uaru, Mako and Snoek fields in the eastern portion of the Stabroek Block. The project is expected to produce 275,000 barrels per day, representing one of the highest production levels from a single floating unit in the world.

The government noted that funding for the FDP review would come from a US$20M World Bank (WB) loan for the Guyana Petroleum Resources Governance and Management Project (GPRGMP). Earlier this year, GY$88 million was also set aside in the national budget to support this activity.

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Specifically, the Natural Resources Ministry said the contract funding will be used to pay the successful consulting firm to provide advisory services, technical support and training, as well as for capacity strengthening services.

The ministry’s notice stated that the consultant will be required to provide advisory services to its staff members along with other professionals attached to the Guyana Geology and Mines Commission (GGMC) and other attendant ministries with the aim of enhancing the country’s core capacity to review, authorise, oversee, and report on the implementation of FDPs.

Furthermore, the assignment is expected to include a detailed assessment of the Uaru concept selection process and Field Development Plan; FDP management, oversight, monitoring and reporting; a detailed assessment of the Environmental and Social Impact Assessment (ESIA) of the Proposed Uaru FDP; and ESIA management, oversight, monitoring and reporting.

The government said interested consultants should provide information demonstrating that they have the required qualifications and relevant experience to perform the services, such as the description of similar assignments, experience in similar conditions, and availability of appropriate skills among staff.

ExxonMobil is expected to submit the plan before the end of the year. The project is part of its plan to have six projects in simultaneous operation in the Stabroek Block, producing 1.2 million barrels per day by 2027.

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