Thursday, September 28, 2023

MODEC seeking Guyanese firms to provide steel, fabrication services 

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Builder of Guyana’s fifth production vessel – Mitsui Ocean Development & Engineering Company Inc. (MODEC) – is seeking Guyanese firms that can provide steel and steel fabrication services. 

MODEC in a public Expression of Interest (EOI) said it is looking to procure over 100 metric tons (MT) of carbon steel (steel plates, flat sheet sections etc.) to be delivered to a specific location in Guyana. 

MODEC said it is also looking for firms to fabricate over 100 MT of carbon steel for cable tray support, pipe support, handrails, ladders, stools and access platforms etc.

The company signed a Front End Engineering and Design (FEED) contract back in November for the ‘Errea Wittu’ vessel for ExxonMobil’s Uaru development

Errea Wittu will have an oil storage capacity of two million barrels, and oil production design rate of 250,000 barrels per day (bpd). The vessel will be able to offload approximately one million barrels onto a tanker in a period of approximately 24 hours.

The proposed FPSO vessel will be a new-built facility with double-hull protection. The project will draw crude from the Uaru, Mako and Snoek fields. The combined recoverable resource therein is 1.319 billion barrels of oil equivalent, according to estimates from Rystad Energy.

To date, all the FPSOs for ExxonMobil’s approved projects offshore Guyana have been built by SBM Offshore. The Liza Destiny and Unity are producing oil at the Stabroek Block, the Prosperity FPSO (Payara Development) will arrive soon for first oil this year, and the ONE GUYANA FPSO (Yellowtail Development) is under construction in Singapore.

Massive ‘ONE GUYANA’ vessel enters dry dock

The Dutch Floater specialist has so far contracted three Guyanese companies to provide fabrication services, with a Steel Strike ceremony for the ONE GUYANA FPSO being held just this week on the outskirts of Georgetown, Guyana’s capital.

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