Third Guyana oil production vessel leaves dry dock

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The giant Prosperity FPSO, Guyana’s third oil production vessel, has left dry dock and is moving to quayside for the subsequent phases of the project set to deliver another 220,000 barrels of oil per day to the new oil producing South American nation.

Prosperity is the second Fast4Ward® FPSO built by SBM Offshore for ExxonMobil’s Guyana operations. The vessel is set to join the Liza Destiny and Unity, targeting first oil in 2024 at the Payara Development.

SBM Offshore has been forging ahead with expanding its local workforce in Guyana. Recently, seven graduate engineers from the University of Guyana were recruited by the company after undergoing a rigorous vetting process, to be trained abroad for placement on the Prosperity FPSO. The seven young Guyanese—five men and two women—will be travelling to the Netherlands and Singapore as part of an 18-month training programme. In the Netherlands, they will be working with the team on the design of the Prosperity FPSO while in Singapore, they will have firsthand experience on the vessel.

The vessel will have an associated gas treatment capacity of 400 million cubic feet per day and water injection capacity of 250,000 barrels per day. It will be spread moored in a water depth of about 1,900 meters and will be able to store around 2 million barrels of crude oil.

At the Payara site, preliminary activities for the project are underway. The project was approved in September last year, following an extensive period of review under two administrations.

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