AMSTERDAM, the Netherlands – Esso Exploration and Production Guyana Ltd. (EEPGL) has contracted SBM Offshore to perform front-end engineering and design (FEED) for an FPSO for the Payara development project in the Stabroek block offshore Guyana.
ExxonMobil subsidiary EEPGL is the operator of the Stabroek block with partners Hess Guyana Exploration Ltd. and CNOOC Petroleum Guyana Ltd.
Prior to necessary government approvals and project sanction, the contract award will initiate a limited release of funds to begin FEED activities and secure a Fast4Ward hull.
Following FEED and subject to government approvals in Guyana, project sanction and an authorization to proceed with the next phase, SBM will construct, install and then lease and operate the FPSO for a period of up to two years, after which the vessel ownership and operation will transfer to EEPGL.
The FPSO, to be named Prosperity, will use a design that largely replicates the design of the FPSO Liza Unity. As such, the design is based on the company’s Fast4Ward program that incorporates its newbuild, multi-purpose hull combined with several standardized topsides modules.
The FPSO will be designed to produce 220,000 b/d of oil, will have associated gas treatment capacity of 400 MMcf/d and water injection capacity of 250,000 b/d. It will be spread moored in water depth of about 1,900 m (6,234 ft) and will be able to store around 2 MMbbl of crude oil.
SBM said it is exploring options to maximize local content and Guyanese workforce development, building on efforts to date on the FPSOs Liza Destiny and Liza Unity.