New American envoy Perry Holloway
during a courtesy call October 16.
We discussed local government elections,
reform of the telecom sector,
journalist training,
cricket and
Guyana rum.
AMBASSADOR HOLLOWAY,
a distinguished career diplomat,
succeeds Brandt Harte.
https://guyana.crowdstack.io/topic/gu...ellas-and-crab-louse
On May 11th PPP lost the Elections,
AFC & APNU cut their ass.....
Now we are finding out....
The Former PPP President & 5 Ministers
Plus Luncheon and other Top PPP officials
will be charged in the Pradoville Scandal.....
How will this help
PPP chances
at any future election ...
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ExxonMobil
ramps up preparations
for possible 2018 operations
US-owned ExxonMobil
is said to be examining bids
from floater contractors
aiming to supply the company with
a floating production,
storage
and offloading (FPSO)vessel
for the fast-track development
of its deepwater Liza project off Guyana.
Prospect:
ExxonMobil and Chief Executive Officer Rex Tillerson
is upbeat over Liza’s potential
Industry sources said that at least five players
are battling to land a contract to lease
a “vessel of opportunity”
to handle 60,000 barrels per day of crude
or more, plus significant quantities of gas.
First oil is being targeted
as soon as 2018,
according to a report yesterday on upstreamonline.com.
The four-company group chasing the FPSO order,
said sources, comprise
Bluewater,
BW Offshore,
Modec,
Saipem and SBM Offshore.
The news would spell good ones for Guyana
after ExxonMobil announced the find back in May.
It was the first major oil find for Guyana
which has been heavily dependent on imported oil
to meet energy and transportation needs.
However, neighbouring Venezuela
has since revived its claims to Guyana’s territory,
including the waters where ExxonMobil found the oil.
According to Upstreamonline.com,
reporting on ExxonMobil’s plans,
yesterday said that
this early production system
could be the forerunner of a full-field project,
tentatively based on a larger FPSO with capacity
in the range of 150,000 to 200,000 barrels per day (bpd).
However, industry sources cautioned
that the US Company has not yet taken definite decisions
on its preferred strategy for Liza,
and that how it will move to full field development
is not yet clear.
Nevertheless, ExxonMobil,
is said to be enthused by the potential of Liza,
a play-opening frontier wildcat
which was completed in May.
“It’s a huge field,” said one source,
adding that ExxonMobil thinks that this area
“could be a second Angola.”
ExxonMobil contracted seismic player CGG
to acquire what industry sources said
was as much as 20,000 square kilometres
of seismic data earlier this year,
using two vessels and fast-tracked processing.
Onboard the drilling rig earlier this year.
Despite the dearth of floater projects globally,
the FPSO companies’ studies
are said to have been partly funded by the ExxonMobil.
These preliminary studies focused
on an early production system but also,
said one source, took in conceptual work
on the potential full-field scheme.
Pre-FEED work began early this summer,
with documents submitted in mid-September.
ExxonMobil is expected to decide
on its preferred bidders within weeks.
One source suggested two or three players
may be asked to take part in a competitive contest
lasting six to nine months,
leading to a potential contract award
in the third quarter of next year.
ExxonMobil is also in talks
with subsea players about hardware provision.
Liza’s initial subsea production system
is expected to include gas injectors
and perhaps water injectors,
as well as production wells.
There is market talk that the subsea system
supporting the early production FPSO
could more than triple in size
if ExxonMobil is confident about the reservoir parameters.
One source, Upstreamonline.com said,
noted that the broader challenge for the development
lies less with its technical aspects
and more with the area’s isolation.
There is no maritime or oil and gas infrastructure.
The topography of the region
would make development of such facilities very difficult.
Instead, supplies would likely come from Trinidad & Tobago
where ExxonMobil sourced its drilling operation,
though sources warned that the distance
and strong ocean currents make logistics challenging.
Upstream previously reported
that ExxonMobil intends to drill at least four more wells
on its 6.6-million acre Stabroek block.
These will appraise Liza —
an Upper Cretaceous discovery —
and also target an exploration prospect called Ranger,
a different play concept from the initial hit.
Sources familiar with the geology of the trend
said they believed the reservoir would produce
light oil with low viscosity
that could flow at rates of anywhere
from 15,000 to 20,000 barrels per day
from a single well.
ExxonMobil put out a tender earlier this year
to secure a rig for the drilling programme
that was thought to have drawn bids
from a host of major rig contractors,
but Upstream understands
the rig procurement process is ongoing.
An ExxonMobil representative said the company
“continues to progress” its future plans for the block,
but offered few details.
“Liza-1 well and seismic data are being analysed
to evaluate the resource potential of the reservoir
and additional potential on the block,”
said the representative.
“Further details of our 2016 drilling program
are in development.”
The original Liza wildcat
hit more than 295 feet of high-quality oil
bearing sandstone reservoirs and
was drilled to 17,825 feet
by the Transocean drillship Deepwater Champion.
The site lies about 120 miles (192 kilometres)
off Guyana in 5719 feet of water.
ExxonMobil operates Stabroek on a 45% stake,
with US independent Hess holding 30% and
China National Offshore Oil Corporation-owned Nexen on 25%.
ExxonMobil/Guyana
ramps up preparations
for 2018 operations....
US-owned ExxonMobil
is said to be examining bids
from floater contractors
aiming to supply the company with
a floating production,
storage
and offloading (FPSO)vessel
for the fast-track development
of its deepwater Liza project off Guyana.
According to Upstreamonline.com,
reporting on ExxonMobil’s plans,
yesterday said that
this early production system
could be the forerunner of a full-field project,
tentatively based on a larger FPSO with capacity
in the range of 150,000 to 200,000 barrels per day (bpd).
Jagdeo, Big_Seed & Kwame
prepearing for Buggerism
in Camp Street in 2018....
Law enforcement
is said to be examining
Charges for Crimes Committed
by Jagdeo Family, Friends & Cronies.
(CCC/JFFC)
aiming to fast-track criminal Charges .
According to Big_Seed.com,
reporting on evidence gathered so far,
yesterday said that
(CCC/JFFC)
will lead to Controlled
Buggerism per day (bpd)
in Camp Street Jail.
