Chinese yard takes on FPSO modules bound for Guyana

GEORGETOWN, June 16, 2023 – Chinese EPC company Bomesc Offshore Engineering Company has signed a contract with Japanese shipbuilding entity MODEC to build FPSO modules for ExxonMobil’s Errea Wittu FPSO bound for Guyana, Upstream Online reported on Thursday.

The scope of the USD 153-million contract includes detailed engineering, shop design, procurement and fabrication of modules for the FPSO.

Works are expected to be complete by August 2025.

MODEC signed an EPCI contract with ExxonMobil to build the FPSO in May 2023.

The vessel is based on MODEC’s M350TM new-build hull and will have a topside production capacity of 250,000 bopd, gas production capacity of 15.3 mcm (540 mcf) per day, water injection capacity of 350,000 bpd, produced water capacity of 300,000 bpd and storage capacity of 2 million barrels of oil.

The unit will produce from the Snoek, Mako and Uaru plays on the Stabroek block.

The operating consortium reached the FID on the Uaru project in April 2023.

ExxonMobil operates the Stabroek block with a 45% stake, while partners Hess Corporation holds a 30% stake and China National Offshore Oil Corporation holds the remaining 25% stake.

Read our latest insights on: