SBM Offshore awarded contracts for ExxonMobil FPSO Liza Unity in Guyana

SBM Offshore has announced that 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.

 

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 co-venturers.

 

The Liza Unity FPSO design is based on SBM Offshore’s industry leading Fast4WardTM programme as it incorporates the company’s new build, multi-purpose hull combined with several standardised 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 metres and will be able to store around two million barrels of crude oil.

 

The Liza field is located in the Stabroek block about 200 kilometres offshore Guyana.

 

EEPGL is the operator and holds a 45 percent interest in the Stabroek block. Hess Guyana Exploration Ltd holds a 30 percent interest, and CNOOC Petroleum Guyana Limited holds a 25 percent interest.

 

SBM Offshore CEO Bruno Chabas commented: “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 Fast4WardTM programme brings to our clients. We look forward to continuing the cooperation with our client ExxonMobil on this second important project in Guyana.”

 

Corporate Profile

SBM Offshore NV is a listed holding company headquartered in Amsterdam. It holds direct and indirect interests in other companies that collectively with SBM Offshore NV form the SBM Offshore Group (“the company”).

 

SBM Offshore provides floating production solutions to the offshore energy industry, over the full product lifecycle. The company is market leader in leased floating production systems delivered to date, with multiple units currently in operation and has unrivalled operational experience in this field.

 

The company’s main activities are the design, supply, installation, operation and the life extension of floating production solutions for the offshore energy industry.

 

As of the 31st December 2018, Group companies employ approximately 4,350 people worldwide, including approximately 650 contractors, who are spread over offices in key markets, operational shore bases and the offshore fleet of vessels.

 

Group companies employ a further 400 people, working for the joint ventures with two construction yards. For further information, visit the website at www.sbmoffshore.com

 

Source: Energy-pedia