SBM Offshore said the multi-purpose floater (MPF) 5 has arrived at the Seatrium yard in Singapore. The hull is the base vessel for the Jaguar floating production, storage and offloading (FPSO) vessel bound for Guyana.
With the hull’s safe arrival in Singapore from the SWS shipyard in Shanghai, the initial focus will be on an early works program to facilitate the dry-dock phase of work, SBM Offshore said.
“In Singapore, the mooring structures, riser balconies, and topsides modules will be integrated onto the FPSO before it travels onwards to Guyana,” the Dutch floater specialist said.
Jaguar will be the fifth FPSO delivered to ExxonMobil Guyana by SBM Offshore.
“SBM Offshore has continuously improved the design of the MPF hulls, incorporating valuable lessons learned from previous projects,” the company said.
SBM Offshore completed the US$1.5 billion financing for the Jaguar FPSO project in November.
In Guyana, Jaguar will be the sixth FPSO for ExxonMobil Guyana, with start-up planned for 2027. It has a crude oil production design rate of 250,000 barrels per day (b/d), and is expected to take total production capacity offshore Guyana over 1.4 million b/d.
ExxonMobil, Hess and CNOOC have committed more than US$50 billion to develop six massive oil projects in the Stabroek Block offshore Guyana. With three projects already in operation, Guyana’s economy has more than tripled in the 2019-2023 period, the fastest rate of any country.
