U.S. oil major ExxonMobil says it has implemented innovative technologies for the Jaguar floating production storage and offloading vessel (FPSO) which will support its Whiptail development in Guyana. The FPSO is being built by Dutch floater specialist, SBM Offshore.
The innovative technologies include a deep-sea water intake hose for improved cooling and reduced arrival pressure to lower wall-pipe thickness and compression needs. According to Jayme Meier, Exxon’s Vice President of Deepwater Project Delivery, these advancements allow the company to meet its greenhouse gas (GHG) reduction goals without relying on complex combined-cycle technology.
“We’re working in a mindset that says we’re going to use the best we have available today, and then we’re going to learn as we go,” Meier explained. This strategy ensures that each project benefits from the lessons learned from the previous ones.
Jaguar FPSO will tap reservoirs shared with Yellowtail, Uaru | OilNOW
Whiptail is expected to begin oil production by late 2027, with a capacity of approximately 250,000 barrels per day. Exxon’s current Stabroek Block developments produced 626,000 barrels per day in February. Production for the Yellowtail and Uaru projects is set to begin in 2025 and 2026, each with a capacity of 250,000 barrels per day.
SBM Offshore looking for Guyanese companies to fabricate steel for Jaguar FPSO
ExxonMobil Guyana Limited holds a 45% interest in the 6.6-million-acre Stabroek Block, with Hess Guyana Exploration Ltd. holding 30%, and CNOOC Petroleum Guyana Limited holding 25%.
