OTC 2019: Saipem makes presentation to Guyana delegation

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Giorgio Martelli, President and CEO of Saipem America, makes presentation to Guyana delegation on May 8, at OTC 2019.

Saipem on Wednesday made a presentation to the Guyana delegation at the Offshore Technology Conference (OTC 2019) being held in Houston, Texas, focusing on its ongoing installation operations for the Liza Phase 1 Development Project.

Saipem officials and the Guyana delegation at OTC 2019

Giorgio Martelli, President and CEO of Saipem America, and Thuranthiran Nadarajah, Country Manager for the company’s Guyana operations, updated the delegation on the installation operations being executed at the Liza Field.

Saipem has been awarded an Engineering, Procuring, Construction and Installation (EPCI) contract for the Subsea Umbilicals Risers Flowlines (SURF) package for the Liza Phase 1 Development at the Stabroek Block. Saipem’s contract also includes transportation and installation of umbilicals, manifolds, and associated foundations for the production, and water and gas injection systems.

The Guyana delegation was told that to date, 2,000 pipes have been laid at the Liza Field. In total there will be over 6,000 pipes installed.

President of the Georgetown Chamber of Commerce and Industry (GCCI), Nicholas Boyer, told OilNOW following the presentation that Saipem has demonstrated a strong commitment to local content development in Guyana and this is welcomed by the business community.

“Saipem is doing a lot to push local content and the company has demonstrated a commitment to Guyana. Their CEO took the time out to meet with us which is an indication that they are very serious about local content. We can see that they are interested in expanding their footprint and being a very good partner in the Guyanese oil industry, so we are definitely looking forward to working with them,” he said.

Deodat Indar, Vice-President of Guyana’s Private Sector Commission, said the presentation from Saipem was welcomed and well-received by the Guyana delegation. “We welcome this move by Saipem to meet with the Guyana delegation and update us on the company’s activities back home. We look forward to future engagements with the company and see this gesture as one that bodes well for local content development.”

Meanwhile, CEO of the Guyana Office for Investment, Owen Verwey, in a comment to OilNOW after the presentation, said, “We are excited to see the progress being made in laying the pipes for Liza Phase 1 and the technology being used. We also welcomed the opportunity to meet Saipem’s officials here at OTC.”

Saipem has also been awarded contracts for the second phase of the ExxonMobil-led Liza development to the tune of 700 million USD. These contracts were assigned by Esso Exploration and Production Guyana Limited (EEPGL), an affiliate of ExxonMobil, as the project operator, in partnership with Hess and CNOOC Nexen.