Italian oilfield contractor Saipem has been awarded a subsea contract by ExxonMobil for the proposed Payara development project located in the Stabroek block offshore Guyana at a water depth of around 2000 metres.
The contract scope includes subsea structures, risers and flowlines, Saipem said on Thursday.
Saipem was earlier awarded subsea contracts for the first two phases of the Liza development in Guyana by ExxonMobil in 2017 and in 2018, respectively.
Brazil Energy Insight 
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