Saipem: New milestone achieved for the execution of Payara Project in Guyana
The start of production of the offshore oil field is the third project to which Saipem contributed in the Stabroek Block
Saipem has reached a new and important project milestone by contributing to the start of production of the Payara oil field, offshore Guyana, operated by the consortium comprising ExxonMobil, Hess and CNOOC.
Saipem contributed to the project development by providing engineering, procurement, construction and installation of the underwater facilities. Saipem installed over 130 km of thick rigid pipelines and risers in approximately 2,000 m water depth.
The contract was fully released in 2020 by ExxonMobil Guyana Limited. Saipem's leading assets such as FDS2 and Saipem Constellation were deployed to carry out the project.
Furthermore, Saipem used its Fabrication Facility in Georgetown, Guyana for the fabrication of 48 rigid jumpers, ensuring important local activity and enhancing sustainable investment in the country.