ExxonMobil lets FPSO contract for Liza field off Guyana

Dec. 20, 2016
Esso Exploration and Production Guyana Ltd. (EEPGL), an ExxonMobil Corp. subsidiary, has let contracts to SBM Offshore NV for a floating production, storage, and offloading (FPSO) vessel for Liza field offshore Guyana.

Esso Exploration and Production Guyana Ltd. (EEPGL), an ExxonMobil Corp. subsidiary, has let contracts to SBM Offshore NV for a floating production, storage, and offloading (FPSO) vessel for Liza field offshore Guyana.

SBM Offshore will perform front-end engineering and design for the FPSO, and, subject to a final investment decision on the project in 2017, will construct, install, and operate the vessel.

ExxonMobil submitted an application for a production license and its initial development plan for Liza field in early December (OGJ Online, Nov. 18, 2016). The development plan submitted to the Guyana Ministry of Natural Resources includes development drilling, operation of the FPSO, and subsea, umbilical, riser, and flowline systems.

Liza field is on the 27,000-sq-km Stabroek block 193 km offshore Guyana and has a potential resource estimate of more than 1 billion boe.

Esso Exploration and Production Guyana is operator and holds 45% interest in Stabroek. Hess Guyana Exploration Ltd. holds 30% and CNOOC Nexen Petroleum Guyana Ltd. holds 25%.