Saipem has been awarded contracts for the second phase of the ExxonMobil led Liza development offshore Guyana. These contracts, assigned by Esso Exploration and Production Guyana Limited, an affiliate of ExxonMobil, as the project operator, are in addition to those awarded to Saipem in 2017 for Liza Phase 1.
Following engineering and subject to requisite government approvals, project sanction from the JV and an authorization to proceed with the next phase, Saipem will then perform detailed engineering, procurement, construction, and installation of the risers, flowlines, and associated structures and jumpers. Saipem will transport and install umbilicals, manifolds and associated foundations for the production, and water and gas injection systems.
Development of the Stabroek Block is being pursued by a JV which includes Esso Exploration and Production Guyana Limited as operator and 45% interest holder, in conjunction with Hess Guyana Exploration Limited (30% interest) and CNOOC Nexen Petroleum Guyana Limited (25% interest).
Furthermore, through its subsidiary Boscongo SA, Saipem has been awarded a new Offshore E&C contract in the Republic of Congo for Maintenance, Modifications & Operations project in relation to the Centrale Electrique du Congo.
The scope of work includes the engineering, procurement, construction and commissioning, as well as the start-up and performance tests for the project, the purpose of which is to expand the capacity of open cycle power plant located 15 km to south east of Pointe Noire. Output will be brought from the present 300 MW to 450 MW.
The overall value of the contracts is approximately USD 700M.
