SBM Offshore has announced that ExxonMobil subsidiary Esso Exploration and Production Guyana Limited (EEPGL) has awarded it a FEED contract for a second Floating Production, Storage and Offloading vessel (FPSO) for the Liza development located in the Stabroek block in Guyana.
EEPGL is the operator of the Stabroek block with partners Hess Guyana Exploration Ltd. and CNOOC Nexen Petroleum Guyana Limited.
The project is still subject to government approvals, project sanction and an authorisation to proceed with the next phase. After this SBM Offshore will construct, install and then lease and operate the FPSO for a period of up to 2 years, after which the FPSO ownership and operation will transfer to EEPGL.
SBM Offshore CEO Bruno Chabas commented: “We are pleased to report that ExxonMobil has selected SBM Offshore to award contracts for the second Liza FPSO, starting with the front-end engineering, for the development of the second phase of the world-class deep water development in Guyana."
The second Liza FPSO design is based on SBM Offshore’s Fast4WardTM programme as it incorporates the Company’s new build, multi-purpose hull combined with several standardised topsides modules.
SBM said in statement that the FPSO will be designed to produce 220,000 barrels of oil per day, will 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.