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Exxon to relocate supplies from T&T to Guyana by next year

 

 

 


By  Kaieteur News

GEORGETOWN
Petroleumworld 09 23 2021

As local capacity in Guyana continues to increase, ExxonMobil says more services are being moved from Trinidad and Tobago to the South American country, where it is the operator of the Stabroek, Kaieteur and Canje Blocks, a report from OilNOW has stated.

According to a recent interview with OilNOW at the Saipem Offshore Construction Facility in Georgetown, President of ExxonMobil Guyana, Alistair Routledge, said much has changed in Guyana from the early days when the company started exploration activities and made the world-class Liza discovery.

“In the early days, when we started exploration, there was no infrastructure, no expertise, no history to leverage so we had to utilise the existing capability, the existing facilities in Trinidad,” Routledge said. “Over time, now that we have that line of sight to more development, we can continue this investment journey and move more of that work, the facilities, the capability to Guyana.”

The supply chain capacity in the new oil producing country has been growing exponentially over the years.

A growing number of Guyanese companies have been entering partnerships and starting operations to service the expanding offshore activities where multiple exploration appraisal and development drilling campaigns are underway.

Local fabrication company Guyana Oil and Gas Support Services Inc. (GOGSSI) recently provided the workforce to Saipem for the assembly, testing, coating, and loading of massive subsea jumpers for the second phase of ExxonMobil’s Liza development. This work was previously done in Trinidad.

“I’m really excited to say that by sometime in 2022, virtually all of that supply chain, all of that work will have been moved to Guyana from Trinidad,” Routledge stated, pointing out that this will be a major milestone for the country and a significant step forward for local content development.

Already, GOGSSI and another local company—Industrial Fabrications Inc (InFab), are fabricating equipment for the Prosperity FPSO which is being constructed in Singapore for ExxonMobil’s third development in Guyana.

Additionally, as the largest local shore base facility – Guyana Shore Base Inc., continues to expand its operations and capabilities, other such facilities are also being planned in anticipation of around 10 FPSOs expected to be producing oil off the country’s coast in the coming years.

To date, ExxonMobil has found more than 9 billion barrels of oil equivalent offshore Guyana and is pursuing an aggressive exploration campaign that will see it drilling over 50 wells through 2025.


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