Page 11 - LatAmOil Week 30 2021

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Payara is the third development target at the Stabroek block (Image: Hess)

The company said it had arranged to work with The company won a contract from ExxonMobil
Halliburton (US), the co-creator of the Odassea™ last year to manufacture and deliver the sub-
technology, to deliver the system for the Payara sea production system that will serve the field.
project. Halliburton has agreed to provide the Under the contract, it will supply 41 enhanced
fibre-optic sensing technology and analysis for vertical deepwater trees and associated tooling,
reservoir diagnostics, it explained, while Tech- six flexible risers and 10 manifolds, as well as
nipFMC will provide optical connectivity from associated tie-in equipment and controls.
the topsides of the floating production, stor- Payara is one of 22 oilfields discovered at the
age and off-loading (FPSO) vessel that will be Stabroek block, which is believed to contain at
installed at Payara to the completions. least 9bn barrels of oil equivalent (boe) in recov-
This joint effort will allow ExxonMobil to erable reserves.
accelerate the design and execution of the full- To date, Liza-1 is the only one of these fields
field fibre-optic sensing system, it added. It did that has begun production. Liza-2, ExxonMo-
not disclose the value of its agreement with the bil’s second development target, is due to follow
US super-major. suit in 2022, and Payara will come online in
The Odassea™ contract will not be Technip- 2024. The fourth development target, Yellowtail,
FMC’s only contribution to the Payara project. is slated to come on stream in 2025. ™

SURINAME
Staatsolie tells Chevron, TOQAP to submit

shallow-water exploration programmes

STAATSOLIE, the national oil company (NOC) manner that maximises the possibility of com-
of Suriname, has instructed the three compa- mercial discoveries, he told OilNOW.gy.
nies that made the winning bids in the country’s Jagesar did not say whether Staatsolie had
recently concluded shallow-water licensing set a deadline for the submission of exploration
round to submit their exploration programmes programmes. But he did say that his company
for review. had begun the process of negotiating produc-
Annand Jagesar, Staatsolie’s managing tion-sharing contracts (PSCs) with Chevron
director, said last week that his company had and TOQAP..
informed Chevron (US), which won the right to He also indicated that the negotiations had
negotiate a contract for Block 5, and the TOQAP involved discussions of equity division, since
consortium formed by TotalEnergies (France) Staatsolie has the right to take stakes of up to
and Qatar Petroleum, which won Blocks 6 and 8, 40% in each PSC. The company has said in the
of the requirement. The NOC expects these bid- past that it intends to have 20% stakes in these
ders to turn in the programmes in a systematic new projects

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