Lisa Unity FPSO on course to sail for Guyana by September

− fabrication of Liza Prosperity FPSO ongoing

The Liza Unity Floating Production Storage and Offloading (FPSO) vessel, which is earmarked for the Liza Field 2, will soon set course for Guyana with the crew currently mobilising in Singapore where it was being built for the past two years.
This is according to SBM Offshore, which has been contracted to build the FPSO on oil giant ExxonMobil’s behalf and which recently released its half-year 2021 earnings report. In that report, SBM detailed the progress they’ve made on the ship.

Particularly, SBM explained that the topside integration phase of the ship, which is the part that is above water, has been completed. Additionally, SBM revealed that the onshore commissioning exercise for the ship to officially leave the docks, is making significant progress.
“The crew is currently mobilising for the vessel departure from Singapore planned in the third quarter of this year.  The project continues to target first oil in 2022 in line with client schedule,” SBM explained.
Meanwhile, it was explained that the hull for the Prosperity FPSO, which is being constructed for the Payara offshore development has arrived in Singapore. According to SBM, the topsides fabrication phase for this ship is ongoing, while the overall project is progressing in line with the scheduled completion date in 2024.
“The FPSO Liza Unity  and Prosperity contracts cover a maximum period of two years of lease and operate within which period the units will be purchased by the client,” the Italian company further explained in their report.
ExxonMobil envisions at least six projects online by 2027 and sees potential for up to 10 projects to develop its current recoverable resource base. The Liza Destiny floating production storage and offloading (FPSO) vessel is currently producing about 120,000 barrels of oil per day.
The start-up of Liza Phase 2 remains on target for early 2022, and it has been previously reported that the Liza Unity FPSO expects to sail from Singapore to Guyana in late August 2021. The Unity has a production capacity of approximately 220,000 barrels of oil per day.
The hull for the Prosperity FPSO vessel is complete, and topsides construction activities are ongoing in Singapore with a start-up target of 2024. The first Payara development well was spudded in June 2021, and the offshore SURF installation will begin in 3Q 2021.
Yellowtail has been identified as the fourth development project in the Stabroek Block offshore Guyana with anticipated start-up in 2025. Following necessary Government approvals and a final investment decision, this project will develop the Yellowtail and Redtail fields, which are located about 19 miles (30 kilometres) southeast of the Liza developments, and potentially adjacent resources.
These new projects continue to contribute to the advancement of the Guyanese economy. More than 2600 Guyanese are now supporting project activities on and offshore, which reflects an increase of more than 20 per cent since the end of 2019. ExxonMobil and its key contractors have spent approximately US$388 million with more than 800 local companies since 2015.
The Stabroek Block is 6.6 million acres (26,800 square kilometres). ExxonMobil affiliate Esso Exploration and Production Guyana Limited is operator and holds 45 per cent interest in the Stabroek Block. Hess Guyana Exploration Ltd holds 30 per cent interest and CNOOC Petroleum Guyana Limited, a wholly-owned subsidiary of CNOOC Limited, holds 25 per cent interest.