Uaru Oil Field

Summary Information

• Operator: Exxon
• Country: Guyana
• Location: Stabroek Block, Offshore
• Production start:
• Partners: Esso - 45 %, Hess - 30 % and CNOOC - 25 %
• Type: Oil / Gas
• Estimated Reserves:
• Production Volume:

Description

• The development will utilise the Uaru FPSO

Contractors

• Modec: FEED for FPSO
• Saipem: Design, fabrication and installation of subsea structures, risers, flowlines and umbilicals

History

• 2020 - Uaru field discovered
• 2021 - Second successful well drilled
• 2022 - Modec awarded FPSO contract
• 2022 - Saipem awarded subsea contract

Links

1. ExxonMobil ups Guyana recoverable resources to more than 8 billion oil-equivalent barrels, makes discovery at Uaru
2. Hess Announces Oil Discovery at Uaru-2, Offshore Guyana
3. MODEC awarded FEED contract for ExxonMobil’s “Uaru” project in Guyana
4. Saipem awarded new offshore contracts for a total amount of approximately 1.2 billion USD