Tuesday, December 7, 2021

Liza Unity FPSO to develop approximately 600 million barrels of oil – ExxonMobil

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With the arrival of Liza Unity floating, production, storage and offloading (FPSO) unit, Guyana’s oil production is expected to triple by 2022 as the vessel is set to develop approximately 600 million barrels of oil.

ExxonMobil Guyana in a statement on Tuesday noted that Phase 2 startup is expected in early 2022.

The Liza Phase 2 development will produce up to 220,000 barrels of oil per day from the Liza Unity FPSO, which will be supported by a total of six drill centres and approximately 30 wells. This includes 15 production wells, nine water injection wells and six gas injection wells.

Commenting on the arrival of the FPSO, Mike Ryan, Production Manager of ExxonMobil Guyana said “I’m so proud of the Unity team.”

“The sail itself is long. The advent of COVID-19 was challenging, but the team was resilient, pushed through and delivered a beautiful FPSO that’s here in Guyana,” he said.

“We’re all really excited that she’s joined the neighbourhood next to Liza Destiny, and we’re really looking forward to the next few phases as we bring this FPSO online into 2022.”

The Liza Unity will now be connected to the spread mooring before preparation for testing and commissioning.

Ryan added that the standard for operational excellence set with the construction of the Liza Unity demonstrates the level of quality that ExxonMobil aspires to meet on every aspect of its projects.

The FPSO is the world’s first to be awarded the SUSTAIN-1 notation by the American Bureau of Shipping (ABS) – the Classification Society for the unit – for sustainability for its design, documentation and operational procedures.

This means that the design and construction of the unit is assessed against and adheres to the requirements of the ABS Guide for Sustainability Notations, aligned with the applicable United Nations Sustainable Development Goals (SDGs).

“We remain committed to producing the energy which is essential to modern life and economic development, in a way that helps protect people and the environment,” Ryan continued. 

“The development concept and our work on the Liza Unity FPSO has been guided by our enduring values: personnel safety, operational quality, executing on commitments to shareholders and resource owners, and bringing energy to the world while respecting our commitment to the environment and communities in which we operate.”

The statement noted too that more than 2,860 Guyanese have worked on ExxonMobil Guyana’s exploration and development activities in Guyana.

The Production Manager added that “Guyana should be very proud of the Guyanese who are offshore, the Guyanese who are on the Liza Destiny and on all of our drillships and support vessels.

It is one team, it’s a big family that we have and we’re committed to delivering to Guyana.”

Christened by First Lady Arya Ali earlier this year, the Liza Unity arrived offshore Guyana after traveling nearly for 53 days and more than 11,000 nautical miles on its journey from Singapore.

Meanwhile, the Liza Phase 2 is expected to cost $6 billion, including a lease capitalization cost of approximately $1.6 billion, for the Liza Unity vessel.

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