With expected production just months away, CNOOC Petroleum Guyana Limited (CPGL) has advertised for a Liftings/Operations Coordinator who will oversee the collection of the company’s share of oil.
CPGL, a wholly-owned subsidiary of China state-owned company, CNOOC Limited, holds 25 per cent interest in the Stabroek Block from which oil major ExxonMobil is expected to start pumping oil next year. ExxonMobil’s affiliate, Esso Exploration and Production Guyana Limited, is the operator and holds 45 per cent interest in the 6.6 million acres (26,800 square kilometers) Block while Hess Guyana Exploration Ltd holds 30 per cent interest.
An ad in yesterday’s Sunday Stabroek said that the Liftings/Operations Coordinator will be responsible for CNOOC’s share of crude oil liftings from the Stabroek Block in compliance with local regulations and policies.
Among the key responsibilities are to obtain permits and customs clearance from government and regulatory agencies relating to lifting operations and ensure that the documents are in compliance with all terminal procedures, agreements and policies. The coordinator also has to ensure full compliance with CNOOC health, safety and environmental standards and build and maintain strong relationships and closely liaise with the Operator’s representatives, vessel masters, regulator and local agencies to ensure safe, proper planning and execution of liftings.
Among other things, the coordinator will also have to participate in lifting vessel vetting to ensure that the vessel meets requirements of both CNOOC and the Operator and provide internal support to the marketing and finance teams regarding scheduling, volumes, while also providing feedback to the Operator and other regulatory entities.
The ad says that experience in hydrocarbon or crude oil import/export would be an asset.
Earlier this month, ExxonMobil had said that its Liza Phase 1 project on the Stabroek Block remains on track to achieve first oil by the first quarter of 2020. It will produce up to 120,000 barrels of oil per day at peak rates, utilising the Liza Destiny Floating Production Storage and Offloading (FPSO) vessel, which is expected to arrive offshore Guyana in the third quarter of this year.
ExxonMobil had said that current discovered recoverable resources are estimated at more than 5.5 billion barrels of oil equivalent and the 13 discoveries on the block to date have established the potential for at least five FPSO vessels producing more than 750,000 barrels of oil per day by 2025.
CNOOC Ltd is China’s largest offshore oil producer with production of 1.3 million barrels of oil equivalent per day with significant growth planned for the future.
