Saipem awarded SURF contract by ExxonMobil in Guyana

Saipem awarded SURF contract by ExxonMobil in Guyana

Italian oil and gas contractor Saipem has been awarded an EPCI contract for the SURF package of the proposed Liza project, a subsea development offshore Guyana.

The project, awarded by ExxonMobil affiliate Esso Exploration and Production Guyana, includes the engineering, procurement, construction, and installation of the risers, flow lines, and associated structures and jumpers. It also includes transportation and installation of umbilicals, manifolds, and associated foundations for the production, and water and gas injection systems.

Stefano Cao, CEO of Saipem, commented: “We are delighted to have secured this award from an important client such as ExxonMobil. A further reason for our satisfaction is the opportunity to be among the first operators in the oil & gas industry to work in an emerging country like Guyana. This is an important milestone for Saipem and an exciting challenge in a frontier area.”

Saipem will deploy two vessels, FDS2 and Normand Maximus, to execute the work commencing in 2019.

Additionally, Saipem has also won $500m worth of new contracts and contract amendments in the North Sea and West Africa.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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