A FOUR-MONTH contract for consultancy services to support the Oil and Gas Project Development Evaluation for the Payara Field offshore Guyana has been awarded to United Kingdom (UK) based company, Bayphase Geologists, Engineers and Investment Analysts Limited (Bayphase Ltd.).
The Payara Development project, located in the eastern half of the Stabroek Block, will see the drilling of up to 45 development wells which could take up to five years, with drilling set to commence this year and initial production by early 2023.
In a release, on Tuesday, the Department of Energy (DE) stated that Bayphase Ltd. was selected from an evaluation of 11 Expressions of Interest (EOI’s) received in October 2019 from international firms. A team of evaluators largely exclusive to the DE selected Bayphase Ltd. as the highest ranked evaluated firm and the firm was then invited to submit a Technical and Financial Proposal.
This is in keeping with the Procurement Plan of the Guyana Petroleum Resources Governance and Management Project (GPRGMP) and the Procurement Method of Consultant’s Qualifications Selection (CQS). The Combined Evaluation Report and the recommendation for Contract Award were subsequently approved by the National Procurement and Tender Administration Board (NPTAB).
Back in September, Esso Exploration and Production Guyana Limited (EEPGL), a subsidiary of ExxonMobil, submitted its Energy Information Administration (EIA) on the Payara Development Project to the Environmental Protection Agency (EPA).
The project marks EEPGL’s third development field in the Stabroek block offshore Guyana and targets 180,000 to 220,000 barrels of oil per day with anticipation to produce approximately 5,700,000 to 6,600,000 barrels of crude oil per month.
The DE stated: “Under this consultancy, Bayphase will provide advisory services and technical support to the Government of Guyana through the Department of Energy as Guyana seeks to rapidly build out its in-house technical capacity. The project covers such areas as an in-depth review of the Payara field development plan, environmental impact assessment and supporting documents. It also includes on-the-job training for Guyanese and preparation of draft national FDP guidelines.”
During the period, the EPA, DE and Guyana Geology and Mines Commission Petroleum Division (GGMC-PD) will receive training. “It is expected that this consultancy will help to advance the DE’s strategy in rapidly building national capacity and in levelling the playing field between state actors and the highly experienced international private sector operating in Guyana’s petroleum sector,” the Department said.
