Page 10 - LatAmOil Week 24 2021
P. 10
LatAmOil GUYANA LatAmOil
Colin Kinley, the CEO and co-founder of play in 2022.”
Eco-Atlantic, commented: “The [joint venture’s] In an updated competent persons report
geoscience team will continue to focus on the (CPR) issued last year, Gustavson Associates
regionally proven light oil Cretaceous Turbidite put Orinduik’s gross prospective resources at
plays on trend with the Liza and Carapa dis- 5.141bn barrels of oil equivalent. This was up
coveries, on which we have spent a great deal of from the figure of 3.981bn boe cited in the pre-
time conducting technical analysis to define the vious version of the CPR, which was completed
prospectivity, element by element, within this in March 2019.
sector. We are seeing very material independent Equity in the Orinduik project is divided
and stacked prospects and will define a ranking between Tullow, with 60%; the TOQAP joint
of these targets in the coming fall, which we are venture, with 25%, and Eco Atlantic, with 15%.
prepared and budgeted for and, assuming JV TOQAP itself is divided between a subsidiary of
approval, which will enable us to drill on the France’s TotalEnergies and Qatar Petroleum.
Liza Unity FPSO set to depart
Keppel shipyard for Guyana soon
EXXONMOBIL Guyana, a subsidiary of occurred so rapidly as to constitute a “remark-
US-based ExxonMobil, is set to take delivery of able and industry record-setting achievement,”
the newly finished Liza Unity floating produc- he said.
tion, storage and off-loading (FPSO) vessel in He also commented on ExxonMobil Guy-
about three months. ana’s choice of Liza, one of 20 discoveries made
The company noted on June 12 that Keppel so far at Stabroek, as the first target of its devel-
Shipyard (Singapore) had recently wrapped opment programme. “We’re blessed to discover
up work on the FPSO, which will be used to a really significant field with multiple reservoirs.
develop the Liza-2 section of the Stabroek block So that enabled us to do the development in two
in Guyana’s offshore zone. As such, the vessel is phases,” he said.
ready to be sent to Liza-2 for mooring at a site in Keppel Shipyard has built the Liza Unity
1,600-metre-deep water. under a contract with SBM Offshore of the
Alistair Routledge, the president of Exxon- Netherlands. It is the first vessel built accord-
Mobil Guyana, said during the dedication cere- ing to SBM Offshore’s Fast4Ward® programme,
mony for the Liza Unity that the FPSO’s voyage which is designed to streamline and accelerate
would begin soon. the process of building drilling platforms with-
“We look forward to the safe arrival of the out compromising on safety or quality.
Liza Unity after its 80-day journey around the ExxonMobil Guyana will use the FPSO to
world to Guyana’s waters and to the successful, operate up to 33 development, gas-injection
safe start-up of production,” he said. and water wells at Liza-2. It will be able to store
Routledge noted that Liza-2 was scheduled to around 2mn barrels of crude oil and extract
begin production in 2022, just seven years after 220,000 barrels per day (bpd) of oil, 250,000 bpd
the first discovery of oil at the Stabroek block. of water and 400mn cubic feet (11.3mn cubic
The shift from exploration to production has metres) per day of associated gas.
The Liza Unity was constructed at the Keppel Shipyard in Singapore (Photo: SBM Offshore)
P10 www. NEWSBASE .com Week 24 17•June•2021
