22 C
Georgetown
Thursday, November 26, 2020

SBM Offshore begins construction of Guyana’s 2nd floating oil production complex

Must Read

Energy, infrastructure take centre stage in high-level Guyana, Brazil meeting

Guyana’s President, Dr Irfaan Ali on Thursday announced an amplification in bilateral relations between Guyana and Brazil after a...

Tullow says Suriname well campaign on schedule for Q1 2021

Preparations are on schedule for the first well targeted for 2021 by Tullow Oil in the highly prospective Suriname...

Guyana is now the destination of choice for oil and gas companies, investment chief says

Investors and governments from around the world have been discussing various opportunities with Guyanese authorities in recent months that...
OilNOW
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.

Dutch firm SBM Offshore has commenced the construction phase of the Liza Unity floating production, storage and offloading vessel (FPSO) following ExxonMobil’s final investment decision (FID) on the Liza Phase 2 development, in May 2019.

This follows the recent delivery of sister FPSO, Liza Destiny, which arrived in Guyana’s waters from a Singaporean shipyard in late August 2019.

The company will be converting an ultra large crude carrier (ULCC) class tanker into the 220,000 barrels per day Liza Unity FPSO.

“The Liza Unity FPSO design is based on the industry leading Fast4Ward® program with a new build, multi-purpose hull combined with several standardized topsides modules. Leveraging SBM Offshore’s   Fast4Ward program with the experience gained on Liza Destiny has allowed the FPSO project teams to fast-track the Liza Unity,” the company said.

SBM Offshore teams working on Liza Unity have been able to leverage the valuable experience built up on the Liza Destiny project, “as many of the team members were transferred from the Destiny to the Unity project.” It said that this experience, “in combination with a close working relationship with our client, sub-contractors and suppliers and a firm commitment to safety and quality has played a key role in the success of the project to date across all phases from engineering, procurement and now the construction phase.”

The Liza Unity FPSO will be the largest capacity FPSO the Company has ever delivered and its first to be built under its Fast4Ward® program.

“SBM Offshore’s Fast4Ward® philosophy has moved from plan to reality, with the first standard hull now allocated,” Chief Executive Officer, Bruno Chabas, said in May.

The vessel will be designed to have associated gas treatment capacity of 400 million cubic feet per day and water injection capacity of 250,000 barrels per day.

The FPSO will be spread moored in water depth of about 1,600 meters and will be able to store around 2 million barrels of crude oil.

- Advertisement -

Latest News

Energy, infrastructure take centre stage in high-level Guyana, Brazil meeting

Guyana’s President, Dr Irfaan Ali on Thursday announced an amplification in bilateral relations between Guyana and Brazil after a...

BP plans to invest more in Middle East’s ‘world-leading’ oil fields

(Bloomberg) BP Plc said it will invest more money in Middle Eastern oil and natural-gas fields even as it transitions to renewable energy and...

Tullow says Suriname well campaign on schedule for Q1 2021

Preparations are on schedule for the first well targeted for 2021 by Tullow Oil in the highly prospective Suriname basin where US multinational Apache...

Maduro seeking meeting with T&T gov’t officials, report says

The Government of Venezuela has invited Trinidad and Tobago (T&T) Government officials to a meeting to discuss matters between the two countries, the Trinidad...

Bulk of oil supply next 20 years will come from ‘advantaged barrels’ – Guyana now has over 9 billion

Whatever the pace of the energy transition, the world will still rely on oil and gas for much of its energy needs until well beyond...

More Articles Like This