ExxonMobil, Equinor let contracts to Saipem for field development work

Nov. 29, 2023
ExxonMobil and Equinor let offshore contracts to Saipem in Guyana and Brazil, respectively.

ExxonMobil Corp. and Equinor ASA have let separate offshore contracts to Saipem in Guyana and Brazil, respectively. The combined contracts are worth about $1.9 billion.

The first contract has been awarded by ExxonMobil subsidiary ExxonMobil Guyana Ltd. for the proposed Whiptail oil field development in Stabroek block offshore Guyana, in about 2,000 m of water. Saipem’s scope of work includes design, fabrication, and installation of subsea structures, risers, flowlines, and umbilicals for a large subsea production facility.

Saipem will perform operations using vessels FDS2, Constellation, and Castorone, and use its Guyana offshore construction facility at the Port of Georgetown as the key fabrication site. Saipem will begin detailed engineering and procurement subject to necessary government approvals, project sanction by Stabroek block partners, and an authorization to proceed with the final phase.

Equinor awarded Saipem a contract for Raia field development, a presalt gas and condensate field in Campos basin about 200 km offshore Rio de Janeiro in 2,900 m of water.

Saipem’s scope of work includes subsea gas export line and associated equipment transport and installation, and horizontal drilling for the shore approach. Saipem will deploy its pipelaying vessel Castorone for installation.

The extracted gas will be transported through pipelines installed by Saipem for about 200 km from the field to a gas receiving terminal to be built in Cabiúnas in the city of Macaé, State of Rio de Janeiro.