Subsea 7, one of the two companies hired for pipelaying service for Guyana’s Gas-to-Energy project is on the hunt for local logistics firms, according to a public Expression of Interest (EOI).
Subsea 7 was hired alongside Dutch contractor Van Oord for the construction of the offshore pipeline and accompanying infrastructure.
The scope covers project management, engineering, and the installation of approximately 190 kilometres of pipeline in water depths of up to 1,450 metres. Subsea 7 and Van Oord are also responsible for the associated shallow water portion and “onshore approach” where the pipeline will land on the west of the Demerara River. Those activities will commence before the end of the second quarter.
The pipeline, onshore and offshore components combined, carry an estimated cost of US$1 billion. Guyana is expected to repay this expense over a 20-year period.
A guaranteed minimum of 50 million cubic feet per day (mmcfd) of natural gas would be transported from the Liza field offshore to the Wales Development Zone (WDZ), where the onshore plants will be located.
Gas-to-Energy is regarded as a game-changing project for Guyana’s energy sector.
