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TMC to supply marine compressed air system for Liza Unity FPSO

OilNOW -
Shanghai Waigaoqiao Shipbuilding has awarded TMC Compressors of the Seas (TMC) a contract to supply the marine compressed air system to the Liza Unity FPSO. Under the contract, TMC will provide a large compressed air system consisting of frequency-controlled instrument air compressors,...
News

Liza Unity is world’s first FPSO to receive ABS SUSTAIN-2 Notation

OilNOW -
The Liza Unity has become the first floating production, storage and offloading (FPSO) vessel to receive the SUSTAIN-2 notation from the American Bureau of Shipping (ABS), SBM Offshore announced on March 12.  SUSTAIN-2 is the next level in ABS’s vessel...
News

Jaguar FPSO to follow Liza Unity model – SBM Offshore CEO 

Shikema Dey -
SBM Offshore's Chief Executive Officer, Øivind Tangen confirmed that the upcoming Jaguar floating production storage and offloading vessel (FPSO) will be executed with the same team and expertise that handled the Liza Unity FPSO.  “We inherently bring all the learnings...
News

SBM Offshore seeking contractor for underwater survey on Liza Destiny, Unity FPSOs

OilNOW -
Guyana Deep Water Operations Inc. (GDO), a subsidiary of SBM Offshore, has issued a request for information (RFI) seeking technical expertise from potential suppliers. The RFI aims to secure a contractor for the execution of the ‘underwater in lieu...
News

Exxon has eyes set on buying Liza Destiny & Unity FPSOs from SBM Offshore

OilNOW -
The Liza Destiny and Liza Unity floating, production, storage and offloading vessels (FPSOs) are on ExxonMobil Guyana’s radar for purchase, said its Vice President and Business Service Manager, Phillip Rietema.  Both vessels were constructed by Dutch floater specialist SBM Offshore...
News

New Guyana FPSOs to be built with Liza Unity’s record sustainable design – Exxon

OilNOW -
ExxonMobil has marked a milestone with the SBM Offshore built and operated Liza Unity floating production storage and offloading (FPSO) vessel for its second oil development in the Stabroek Block offshore Guyana. It was the first FPSO in the world to be...
Guyana's Oil Ledger

Guyana’s May oil output hits new high as Liza 2 and Payara ramp up

Kemol King -
Guyana’s offshore oil production reached a new milestone in May 2025, averaging an all-time high of 667,000 barrels per day (b/d). The surge represents a 9.17% increase over April’s output of 611,000 b/d, and brought total crude production for...
News

SBM Offshore sees major gains from Jaguar, GranMorgu FPSOs in Guyana and Suriname

OilNOW -
SBM Offshore is seeing "great benefits" from its newest Fast4Ward® floating, production storage and offloading vessels (FPSOs), Jaguar for Guyana and GranMorgu for Suriname. According to the company’s 2024 Annual Report, its standardization philosophy is driving results. “The standardization philosophy...
News

Guyana will become one of top five LatAm oil producers this year with startup of Yellowtail FPSO – Wood Mackenzie

OilNOW -
Guyana is on track to become one of the top five liquid-producing countries in Latin America (LatAm) in 2025, according to Amanda Bandeira, a Research Analyst at Wood Mackenzie. “Production keeps growing, and exploration drilling is intensifying again in the...
News

Exxon and the Liza legacy: A decade of oil development in Guyana

Shikema Dey -
Liza was the biggest, best prospect in a basin with zero discoveries. It kicked into gear the development of what is now known as one of the world’s prolific deepwater assets, the Stabroek Block. It is now 10 years...
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Analyst expects stricter local content rules, differences on how to manage oil revenues with new Suriname government

Suriname’s new coalition government could face internal divisions over how to manage future oil revenues, an international analysis report...

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