Guyana's Liza Phase 2 on Track for First Oil in 2022

Friday, May 8, 2020

Liza Unity, an under-construction FPSO that will be Guyana's second offshore facility in production, remains on schedule for first oil in 2022, Hess Corp. said Thursday.

Guyana became an oil-producing nation in December 2019, when Exxon brought online the Liza Destiny FPSO.

Hess, a partner in the ExxonMobil-operated Stabroek block the Liza Destiny is operating, said Thursday that Liza Destiny would reach full capacity of 120,000 gross bopd in June. Hess also said that Exxon has temporarily idled two of the four drilling rigs on the Stabroek Block due to pandemic-related travel restrictions.

As for the second phase of the Liza field which will be developed via a much larger FPSO – the SBM Offshore-supplied Liza Unity - Hess said it remained on target to achieve first oil in 2022. The Liza Unity will have a 220,000 bopd per day capacity. The China-built FPSO hull recently arrived in Singapore for topside integration.

SBM Offshore, the company that has been tasked with delivering the Liza Unity FPSO, last month said some delays in project execution would be unavoidable due to the Covid-19 lockdowns, but that the company was in close contact with clients and business partners to manage the situation, adjust execution planning and where appropriate create mitigation plans. 

SBM Offshore will provide its trading update on May 14, 2020, when more info might be disclosed when it comes to the FPSO construction schedule.

When it comes to the Payara offshore oil field - Guyana's third planned development - also in the Stabroek block - the partners have recently delayed works on the project.

Payara, with an expected production capacity of up to 220,000 gross bopd, might see a potential delay in the first production of six to twelve months beyond the initial start-up target in 2023, Hess said Thursday.

Categories: Offshore FPSO Oil South America Asia Floating Production Singapore

Related Stories

Marine Masters Secures Wellhead Platforms Installation Job Off India

Shell Predicts 60% Rise in LNG Demand by 2040 with Asia Leading the Way

ADNOC Secures LNG Supply Deal with India's BPCL

Japan's Mitsui Eyes Alaska LNG Project

EnQuest to Acquire Harbour Energy's Vietnamese Assets

CNOOC’s South China Sea Oil Field Goes On Stream

ADES’ Fourth Suspended Jack-Up Rig Gets Work Offshore Thailand

Saipem’s Castorone Vessel on Its Way to Türkiye’s Largest Gas Field

Vestas Lands First 15MW Offshore Wind Turbine Order in Asia Pacific

China’s CNOOC Brings Bohai Sea Oil Field On Stream

Current News

China's ENN, Zhenhua Oil Ink LNG Supply Deals with ADNOC

MODEC Wins ExxonMobil Guyana’s Hammerhead FPSO Contract

Mitigate SCC & HE to Keep Offshore Metal Structures Ship Shape

India Stretches Bids Deadline for 13 Offshore Deep-Sea Mineral Blocks

Indonesia Awards Oil and Gas Blocks to Boost Reserves

Sapura Energy Nets $22.6M in Offshore Support Vessel Contracts

CNOOC Puts Into Production New Oil Field in South China Sea

Sunda Energy Starts Environmental Consultation for Chuditch-2 Well Drilling Plans

Pakistan’s OGDC to Start Production at ADNOC’s Offshore Block by 2027

Petrovietnam, Petronas Extend PSC for Offshore Block

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