TideWater Inc., a reputable petroleum service company headquartered in Houston, Texas is actively pursuing opportunities to offer comprehensive support services to the Liza Destiny and Liza Unity vessels in Guyana’s Stabroek Block as well as bunkering services for the Wei-1 well being drilled in the Corentyne Block.
In the project summaries recently submitted to the Environmental Protection Agency (EPA), TideWater Inc. outlined its intentions to provide targeted support services for the Liza Destiny Development, Liza Unity Development, and several drillships, including Stena Carron Fangtooth SE 1, Stena DrillMax Tarpon 1A, Noble Don Taylor_PY 2i1, Noble Sam Croft PC_1i1, Noble Bob Douglas LIZ_5i5 SHZ, and Noble Tom Madden PY_2i6. These services encompass a wide range of operational aspects necessary for smooth offshore operations.
Regarding its bunkering services in the Corentyne Block’s Wei-1 well, TideWater Inc. said it intends to deliver fuel to sustain the drillships while also handling the logistics of loading and distributing fuel among the available shipboard tanks. Currently, the well has been successfully drilled to a depth of 19,142 feet. However, it is important to note that the drilling costs have escalated from the initial estimate of US$160 million to a range of US$175 million to US$190 million.
Additionally, the project summaries highlight TideWater Inc.’s strong commitment to addressing fuel consumption and minimizing emissions of CO2, SO2, and NOx in its operations. The company acknowledged that the running of ship’s machinery constitutes its most significant environmental aspect. It also emphasized the interconnectedness of exhaust emissions and fuel and lubricating oil consumption, recognizing these areas as the company’s most challenging environmental concerns.
TideWater Inc. boasts an extensive track record, spanning over 65 years, in owning and operating one of the industry’s largest fleets of offshore support vessels. The company has earned a strong reputation for providing exceptional offshore energy transportation services worldwide, supporting a wide range of offshore energy exploration, production, generation, and offshore wind activities.