SBM Wins ExxonMobil Guyana FPSO Order

Laxman Pai
Monday, May 13, 2019

Dutch-based floating production, storage and offloading unit (FPSO) provider SBM Offshore has won a contract to deliver an FPSO for ExxonMobil’s second phase of the Liza development offshore Guyana.

Esso Exploration and Production Guyana Limited (EEPGL), an affiliate of Exxon Mobil Corporation, has confirmed the award of contracts for the next phase of the Liza project in Guyana, said a press release from SBM.

Under these contracts, SBM Offshore will construct, install and thereafter lease and operate for up to two years the Liza Unity FPSO. This follows completion of front-end engineering studies, receipt of requisite government approvals and the final investment decision on the project by ExxonMobil and block coventurers.

The Liza Unity FPSO design is based on SBM Offshore’s Fast4Ward program incorporating the company’s newbuild, multipurpose hull combined with several standardized topsides modules.

The FPSO will be designed to produce 220,000 barrels of oil per day, will have associated gas treatment capacity of 400 million cubic feet per day and water injection capacity of 250,000 barrels per day.

The FPSO will be spread moored in water depth of about 1,600 meters and will be able to store around 2 million barrels of crude oil.

The Liza field is located in the Stabroek block circa 200 kilometers offshore Guyana. EEPGL is the operator and holds a 45% interest in the Stabroek block. Hess Guyana Exploration Ltd. holds a 30% interest, and CNOOC Petroleum Guyana Limited holds a 25% interest.

SBM Offshore CEO Bruno Chabas said, “We are proud that ExxonMobil awarded SBM Offshore the contracts for the Liza Unity FPSO. The company is confident that this project will demonstrate the value that our Fast4Ward program brings to our clients. We look forward to continuing the cooperation with our client ExxonMobil on this second important project in Guyana.”

Categories: Contracts Offshore Energy FPSO Vessels

Related Stories

MODEC, Eld Energy Partnership Targets Low-Carbon FPSO Power

Offshore Rig Outlook: As 2025 Challenges Fade, Path Ahead Brightens

Following Big Loss in 2025, Oil Steadies

PV Drilling’s Jack-Up Rig Returns to Asia Ahead of April Drilling Ops

Yinson Production Cuts First Steel for Vietnam-Bound FSO

Seatrium Maintains $12.8B Order Book on Renewables and FPSO Progress

Eneos Warns on Skyrocketing Costs fo Offshore Wind

Sponsored: Record Deals and Record Attendance Underscore ADIPEC’s Global Impact

How Hot Is Your Cable? Understanding Subsea Cable Thermal Performance

Viridien to Shed More Light on Malaysia’s Offshore Oil and Gas Potential

Current News

Eni Enlists Shearwater for 3D Seismic Survey in Timor Sea

Conrad, Empyrean Agree Settlement Framework Over Duyung PSC Interests

Northern Offshore’s Energy Emerger Rig Up for Drilling Job off Oman

Petronas Plans Ramp-Up in Exploration, Production Over Three Years

Australia and Timor-Leste Push to Advance Greater Sunrise Gas Field

MODEC, Eld Energy Partnership Targets Low-Carbon FPSO Power

JERA Lifts First LNG Cargo From Barossa Gas Project in Australia

Inpex Moves to Accelerate Indonesia’s Abadi LNG Project

Chevron in Final Talks with Eneos, Glencore on Singapore Assets Sale

Seadrill Firms Up Offshore Drilling Workload with Multi-Region Contract Awards

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com