SBM Offshore announces Liza FPSO award

Guyana

ROTTERDAM, June 22, 2017 – SBM Offshore will be constructing, installing and operating the floating production, storage and offloading vessel for ExxonMobil’s Liza development offshore Guyana, the Dutch company announced on Thursday.

The turn-key contract with the US major will see SBM Offshore provide an FPSO with a capacity to produce as many as 120,000 bopd. The unit’s associated gas treatment capacity will be in the range of 4.8 mcm (170 mcf) per day. The vessel, a converted very large crude carrier, can store up to 1.6 million barrels.

“We are proud that ExxonMobil awarded SBM Offshore the contracts for the Liza FPSO. The Liza Field offshore Guyana is one of the industry’s largest oil discoveries of the past decade. We look forward to cooperating closely with our client and partners to make this project a success,” SBM Offshore CEO Bruno Chabas said in a press release.

Last Friday, ExxonMobil announced its final investment decision for development of the Liza field in the Stabroek block.

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