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Monday, April 12, 2021

Liza Unity FPSO could begin journey to Guyana as early as mid-year – Hess

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OilNow is an online-based Information and Resource Centre which serves to complement the work of all stakeholders in the oil and gas sector in Guyana.

While the Liza Phase 2 development remains on track for first oil in early 2022, the overall project, including the floating production storage and offloading (FPSO) vessel and the drilling and subsea infrastructure are approximately 85% complete. At this rate, Hess Corporation anticipates that the Liza Unity FPSO, which will have a capacity of 220,000 gross barrels of oil per day (bpd), will sail from the Keppel shipyard in Singapore to Guyana by mid-year.

If all goes well in this regard, the Stabroek Block partner revealed during its fourth-quarter earnings call on Wednesday that first oil could be had in the very early part of next year.

OilNOW would have reported that once the 220,000 bpd Liza Unity FPSO comes online, Guyana would be producing around 340,000 bpd taking into account the already operational 120,000 bpd Liza Phase 1 Development.

With regard to the latest report from SBM Offshore, the manufacturer of the FPSO, the mooring and riser system integration, as well as other work scopes for the vessel, were completed in dry dock at Keppel FELS. It was further noted that the Fast4Ward® Multi-Purpose Floater (MPF) hull has moved to the integration quayside in Keppel TUAS, where the topsides integration phase started with the progressive lifting of the modules. This phase will facilitate gradual preparation of the FPSO for the start of the onshore commissioning activities, leading up to the final quayside departure.

SBM Offshore was keen to note that this FPSO represents its first Fast4Ward® design, benefitting from standardization of the project`s execution plan and using a fully completed and commissioned MPF hull, which sets the benchmark for future FPSO projects.

The Dutch floater specialist said this latest milestone is in line with the Liza Phase 2 project schedule while adding that it represents another key step forward on the path to delivering its first Fast4Ward® FPSO to its client, ExxonMobil.

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