Malaysia's KNM to Deliver Equipment for SBM Offshore FPSO

Bartolomej Tomic
Friday, August 14, 2020

Dutch floating production solutions provider SBM Offshore has ordered equipment from Malaysia's KNM to be installed on an FPSO destined for ExxonMobil's Guyana operations.

Bursa Malaysia-listed KNM said SBM Offshore had on Thursday ordered PME pressure vessel separators worth around $4 million.

KNM said that the equipment would be delivered by its subsidiary KNM Process Systems.

According to KNM, the PME pressure vessel separators are destined for SBM Offshore's FPSO Prosperity project.

The FPSO Prosperity is expected to be deployed at ExxonMobil's Stabroek block offshore Guyana, as part of the Payara oil field development. SBM Offshore won a FEED contract for the project in late 2019.

Subject to government approvals in Guyana, project sanction, and an authorization to proceed with the next phase, SBM Offshore will construct, install and then lease and operate the FPSO for a period of up to 2 years, after which the FPSO ownership and operation will transfer to Exxon.

The FPSO will be designed to produce 220,000 barrels of oil per day, will have an 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 1,900 meters and will be able to store around 2 million barrels of crude oil.

Guyana currently produces oil via the SBM Offshore-supplied Liza Destiny FPSO, which started production in December 2019.

The second FPSO Liza Unity - also to be delivered by SBM Offshore - is on target to achieve first oil in Guyana in 2022. The Liza Unity will have a 220,000 bopd per day capacity.

The Prosperity will be Guyana's third FPSO. Hess, Exxon's partner in the Stabroek block off Guyana, recently said that the Payara might see a potential delay in the first production of six to twelve months beyond the initial start-up target in 2023.

Categories: Energy Activity FPSO Production South America Asia Floating Production Malaysia

Related Stories

Woodside to Shed Some Trinidad and Tobago Assets for $206M

ADNOC Signs 15-Year LNG Supply Deal with Osaka Gas for Ruwais Project

Sapura Energy Nets $720M from Multiple Drilling Services Contracts

CNOOC Brings Online Second Phase of Luda Oil Field Project in Bohai Sea

Eco Wave Finds Partner for Wave Energy Project in India

McDermott Concludes Work at PTTEP’s Kikeh Gas Field Off Malaysia

China's CNOOC Aims for Record Oil and Gas Production in 2025

BP Targets 44% Oil, 89% Gas Increase from India’s Mumbai High Field

BP to Help Boost Oil and Gas Output at India’s Largest Producing Field

AI & Offshore Energy: The Higher the Stakes, the More Value AI Creates

Current News

Fire at Petronas Gas Pipeline in Malaysia Sends 63 to Hospital

Japan’s ENEOS Xplora, PVEP Ink Deal for Vietnam Offshore Block

CNOOC Makes Major Oil and Gas Discovery in South China Sea

Valeura’s Assets in Gulf of Thailand Remain Operational After Earthquake

Op-Ed: Kazakhstan’s National O&G Firm Positioning Itself as Global Energy Player

Woodside to Shed Some Trinidad and Tobago Assets for $206M

CNOOC Sees 11% Profit Growth in 2024 Driven by Record Oil Production

‘Ultra-Mega’ Offshore Deal for L&T at QatarEnergy LNG’s North Field Gas Scheme

Keel Laying for Wind Flyer Trimaran Crew Boat

MODEC Gets Shell’s Gato do Mato FPSO Ops and Maintenance Job

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