Friday, September 29, 2023

Fast4Ward concept revolutionised offshore projects – SBM Offshore CEO

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SBM Offshore’s Fast4Ward® concept is transforming the way offshore projects are developed. 

“It really has changed the way we are doing projects in the industry,” said the company’s Chief Executive Officer (CEO), Bruno Chabas, during the Naming Ceremony for the Prosperity Floating Production, Storage and Offloading (FPSO) vessel in Singapore.

The Dutch floater specialist is putting the finishing touches on the Prosperity – the second vessel to be built with the Fast4Ward® design. The first vessel was the Liza Unity.

Both vessels are for developments in Guyana’s prolific Exxonobil-operated Stabroek Block and feature SBM Offshore’s new build, multi-purpose hull design combined with several standardised topside modules. 

SBM’s fastFast4Ward® concept is based on five key principles: engaging early with clients, standardisation, focus on flawless execution, partnering with the supply chain and use of digital solutions in today’s volatile environment. Because of it, the Liza Unity was the first FPSO to be awarded the SUSTAIN-1 notation.

And Exxon plans to have every other Stabroek Block FPSO built with that very sustainable design.

Production vessels like the Liza Unity and the Prosperity support Exxon’s ambition to meet global energy demands while reducing air emissions.


Updates on the Prosperity FPSO project brought to you by GLASS
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