Hull of giant Guyana-Bound FPSO enters dry dock

Dutch FPSO leasing company SBM Offshore announced on Friday that the Chinese-built hull of FPSO ONE Guyana has entered dry dock at Keppel Shipyard in Singapore.

One of SBM Offshore’s largest FPSO units to date, One Guyana is being built for use in ExxonMobil’s Stabroek Block offshore Guyana.

“The FPSO ONE GUYANA project has reached another important milestone: The ship has successfully entered the dry dock of the Keppel shipyard in Singapore. The project team will continue construction, with the next steps being the installation of the anchoring structures and riser balcony. The construction of the top is progressing according to the project plan.” This was announced by SBM Offshore on Friday.

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The Dutch company received an order from ExxonMobil in April to supply the One Guyana FPSO for the Yellowtail development around 200 kilometers off the coast of Guyana.

This will be the fourth and largest FPSO deployed off the coast of Guyana. It will join three other SBM-built offshore FPSOs, Liza Destiny and Liza Unity, in Guyana waters, as well as Prosperity currently en route to Guyana, all four in the Exxon-operated Stabroek block.

The One Guyana FPSO will be able to produce 250,000 barrels of oil per day. It will have an associated gas handling capacity of 450 million cubic feet per day, and a water injection capacity of 300,000 barrels per day. The FPSO is installed at a water depth of approx 1,800 meters and will be able to store around 2 million barrels of crude oil.

SBM Offshore will build, install, lease and operate the FPSO for up to two years. Thereafter, ExxonMobil will own and operate the FPSO. The first oil is expected in 2025.