ExxonMobil Guyana announced that the first pipe for oil production in the coming months touched the seabed at the Stabroek Block offshore Guyana –an incredibly historic milestone for the Liza Phase 1 project.
The announcement was made on the company’s Facebook page this week.
ExxonMobil Guyana contracted Sapiem for subsea installation services.
The company shipped 1,519 pieces of pipe to Guyana in December 2018 and 2,684 pipes for the Liza Phase One project in January of this year.
The delivery consists of oil production flow-lines and gas and water reinjection pipes to be laid on the seafloor at the Liza Phase One Development, offshore Guyana.
The pipes are being stored in Georgetown before being taken offshore to be installed by the Saipem FDS2 pipe laying vessel.
The Liza Phase 1 development is progressing on schedule and is expected to begin producing up to 120,000 barrels of oil per day in early 2020, utilizing the Liza Destiny FPSO, Exxon said last month.
ExxonMobil in March 2019 announced that it has revised its estimate on its multiple oil discoveries, saying it can now recover 5.5 billion barrels.
There is potential for at least five floating, production storage and offloading vessels (FPSO) on the Stabroek Block producing more than 750,000 barrels of oil per day by 2025, the company had stated.
