Page 9 - LatAmOil Week 05 2022
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LatAmOil                                         GUYANA                                            LatAmOil



       Hess COO says preparations




       at Payara field 66% finished






                         EXXONMOBIL (US) and its partners in the   in December 2019 and is currently producing at
                         Stabroek offshore block have reportedly finished   the rate of about 120,000 bpd. The second, Liza-
                         about 66% of all preparations for commercial   2, is slated to start production next month and
                         operations at Payara, the third oilfield slated for   will eventually yield 220,000 bpd. ExxonMobil
                         development at the Guyanese licence area.  and its partners have installed the Liza Destiny
                           Greg Hill, the COO of ExxonMobil’s   FPSO at Liza-1 and have already deployed the
                         non-operating partner Hess (US), said during a   Liza Unity FPSO at Liza-2.
                         fourth-quarter earnings call last week that work   The group will also use an FPSO to develop
                         on the project was proceeding on or ahead of   Yellowtail, their fourth development target,
                         schedule on all fronts. The partners’ contractor   along with other additional fields. They may
                         has already completed the hull for the Prosperity,   eventually be operating a fleet capable of han-
                         the floating production, storage and off-loading   dling 1mn bpd, as Stabroek is home to more
                         (FPSO) unit that will be installed at Payara, he   than 20 fields with commercial hydrocarbon
                         said, and is continuing to build topside modules   reserves and holds more than 10bn barrels of oil
                         for the vessel in Singapore. The FPSO is still on   equivalent (boe) in total. ™
                         track to be finished in time to bring the field on
                         stream in 2024 as planned, he stated.
                           Hill further went on to say that work on the
                         subsea umbilicals, risers and flowlines (SURF)
                         system was actually ahead of schedule. He did
                         not elaborate but reported that the partners
                         expected installation work to move forward
                         later this year.
                           ExxonMobil has said it intends to drill up
                         to 41 wells in 1,800-metre-deep water at the
                         Payara field, including 20 production wells and
                         21 gas-injection wells. The production wells
                         will transfer crude oil to the Prosperity FPSO,
                         which will be capable of handling up to 220,000
                         barrels per day (bpd). The total cost of executing
                         the project, which will tap into a resource base
                         believed to hold 600mn barrels of oil, has been
                         estimated at $9bn.
                           Payara will be the third development target
                         at Stabroek. The first target, Liza-1, came online   The Prosperity FPSO (C) will be installed at Payara (Photo: SBM Offshore)



                                                        BRAZIL
       GNA starts work on GNA-II at Açu Gas Hub






                         GAS Natural Açu (GNA), the joint venture that   President Jair Bolsonaro, Energy and Mining
                         is carrying out Latin America’s largest LNG-to-  Minister Bento Albuquerque, Infrastructure
                         power project, has launched construction work   Minister Tarcísio Gomes de Freitas and the pres-
                         on GNA-II, its second natural gas-fired thermal   ident’s chief of staff, Ciro Nogueira, had attended
                         power plant (TPP) at the Açu Gas Hub complex   the launch ceremony.
                         in Rio de Janeiro State.               The TPP will come on line in January 2025.
                           In a press release, GNA said it had laid the   When finished, it will have an installed capacity
                         foundation stone for the new TPP on January   of 1,672 MW, enough to supply energy for up to
                         31 to mark the official start of construction. The   8mn households. According to previous reports,
                         government of Brazil confirmed its announce-  it already has at least 3 GW of long-term power
                         ment, saying in a separate statement that   purchase agreements (PPAs) under contract.



       Week 05   03•February•2022               www. NEWSBASE .com                                              P9
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