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

Aramco Targets Hormuz Bypass with East-West Pipeline Expansion

Aramco Third Quarter Profit Up 35% Despite War Disruptions

Jack-Up Rig Arrives in Indonesia for Conrad Asia Energy's MOPU Conversion

Iran Set to Keep Hormuz Shut Until Seven Demands Are Met

LNG Flows Through Hormuz Hit Seven-Month High

Solstad Maritime Secures APAC Drilling Support Work for AHTS Pair

SBM Offshore Taps Chinese Contractor for FPSO Topside Modules

Fugro Adds More Survey Work off Timor-Leste

MODEC, Eld Energy Advance Fuel Cell Power for FPSOs

Larsen & Toubro Adds Major ONGC Offshore Project to Orderbook

Current News

Tender-Assist Rigs: Southeast Asia’s Quiet Workhorses Head for Full Utilization

Aker Solutions Lands Major Role in Qatar’s Offshore Oil Field Revamp

TotalEnergies Inks 15-Year LNG Supply Deal with China's Jiangsu Guoxin

Baker Hughes Sets Up Global Network to Bolster Mature Oil and Gas Fields Production

Valaris Secures $600M in New Contracts as Backlog Rises to $4.8B

Production Restart at Australian Offshore Fields Boosts Jadestone's Oil Output

Aramco Targets Hormuz Bypass with East-West Pipeline Expansion

ADES Lands New Offshore Drilling Rig Deals in Angola and Indonesia

Shell to Exit Australia's North West Shelf Project in $1.45B Deal with XRG

Aramco Third Quarter Profit Up 35% Despite War Disruptions

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