Page 11 - LatAmOil Week 11 2021

LatAmOil GUYANA LatAmOil

“We very much appreciate the government of To date, Tullow and its partners have made
Guyana’s continued support of our exploration two non-commercial discoveries of heavy oil
and expanding partnership on the Orinduik at Orinduik. Nevertheless, they have remained
block,” he commented. “As a group, the JV part- optimistic about the group’s chances of discov-
ners continue with advanced reprocessing of ering light sweet crude – especially because light
the geophysical data, in combination with the crude has been discovered in Carapa-1, a well
additional information obtained from regional sunk at the neighbouring Kanuku block.
drilling results, and further evaluation of the According to an updated competent person’s
Joe and Jethro discoveries. The partnership is report (CPR) issued by Gustavson Associates
focused on its multiple light sweet oil prospects last year, Orinduik’s gross prospective resources
on the Orinduik block, and we are high-grad- amount to 5.141bn barrels of oil equivalent
ing candidates for the next drilling programme, (boe). This is up from the figure of 3.981bn boe
with the operator expected to select targets later cited in the previous version of the CPR, which
this year.” was completed in March 2019. ™

Liza Unity will be the second FPSO at the Stabroek block (Photo: SBM Offshore)

SBM Offshore completes topsides

lifting for Liza Unity FPSO vessel

SBM Offshore (Netherlands) has wrapped up execution plan and using a fully completed and
topsides lifting efforts for the Liza Unity, the commissioned MPF hull, which sets the bench-
floating production, storage and off-loading mark for future FPSO projects. The project con-
(FPSO) vessel that will be used to develop the tinues to target first oil in 2022 in line with client
Liza-2 oilfield offshore Guyana. planning.”
In a statement dated March 16, SBM Off- The Liza Unity will join the Liza Destiny,
shore described the completion of the lifting the FPSO that has already been installed at the
campaign at the Keppel Shipyard in Singapore Liza-1 oilfield offshore Guyana. Both Liza-1 and
as “a major project milestone.” Liza-2 are sections of the Stabroek block, which
Lifting began late last year, after the vessel is being explored and developed by a consor-
came out of dry dock last October, and the total tium led by ExxonMobil (US).
weight of the topsides modules lifted safely into Liza-1 has been in production since Decem-
place amounts to more than 26,000 tonnes, it ber 2019, and as noted above, Liza-2 is slated to
said. follow suit next year. Stabroek’s third producing
The Dutch company is now working to finish section – Payara – will be developed by a third
the FPSO in time to install it at the Liza-2 oil- FPSO known as the Prosperity. SBM won a
field next year, the statement noted. “All efforts contract for the construction of this vessel last
are now focused on further progressing and October.
completing the integration activities and grad- Liza-1, Liza-2 and Payara are among the 18
ually ramping up the onboard commissioning oilfields that ExxonMobil and its partners have
activities,” it said. “The FPSO Liza Unity repre- discovered at Stabroek. The block is believed to
sents SBM Offshore’s first Fast4Ward® design, contain more than 9bn barrels of oil equivalent
benefiting from standardisation of the project`s (boe) in recoverable reserves. ™

Week 11 18•March•2021 www. NEWSBASE .com P11