Construction of the Jaguar floating production, storage and offloading (FPSO) vessel for ExxonMobil’s Whiptail development offshore Guyana is advancing. All process modules have been lifted onboard the vessel in Singapore and offshore installation preparations are underway in Trinidad, SBM Offshore said.
In a LinkedIn post on August 26, SBM Offshore said the Normand Installer has mobilized in Trinidad ahead of its first installation campaign offshore Guyana.
“FPSO Jaguar continues to make impressive progress across fabrication, lifting and offshore installation activities,” the company stated.
Jaguar FPSO will tap reservoirs shared with Yellowtail, Uaru | OilNOW
The progress marks another stage in the development of the FPSO, which is being built for ExxonMobil’s sixth development in the Stabroek Block. ExxonMobil operates the block with a 45% interest, alongside Hess (owned by Chevron), which holds 30%, and CNOOC with 25%.
Jaguar will be based on SBM Offshore’s seventh Fast4Ward® multi-purpose floater hull. The company is also structuring the project under a sale-and-operate model, its first project to use that arrangement.
The FPSO is designed to produce up to 250,000 barrels of oil per day. Once operational, it is expected to help increase Guyana’s total offshore production capacity to more than 1.4 million barrels per day.
SBM Offshore described the latest progress as “a strong step forward for the Whiptail / Jaguar FPSO Project,” citing coordination among its yards, vessels and project teams.
The Whiptail development was sanctioned at an estimated cost of US$12.7 billion and is expected to include up to 10 drill centers and 48 production and injection wells.
Read more about the Whiptail project: Exxon greenlights US$12.7 billion Whiptail project in Guyana | OilNOW
