The tanker destined for ExxonMobil's Liza Phase 1 project, offshore Guyana, has arrived at Keppel's shipyard in Singapore, SBM Offshore announced today (14 November).
SBM has said that the tanker's arrival marks the start of the FPSO conversion phase, which includes upgrade work to the hull and integration of topsides.
“With the arrival of the tanker we now begin in earnest the construction phase of the journey that SBM Offshore is on," says Bernard van Leggelo, SBM Offshore FPSO managing director. "Our objective is to safely deliver the Liza FPSO in partnership with our client and the experienced team at Keppel by working together as one team."
It was announced that Keppel won the conversion contract from SBM last month (October 2017). The Bahamas-flagged tanker, called Tina, is a very large crude carrier. When conversion work is completed, the FPSO will have 1.6 MMbbl storage capacity, 170 MMscf/d gas treatment capacity, and 200,000 b/d water injection capacity. It will be spread moored in water depth of 1525m, about 193km offshore Guyana in the Stabroek block.
ExxonMobil and its partners made a final investment decision to proceed with the US$4.4 billion Liza phase 1 development in June this year. Gross recoverable resources for the Stabroek block are estimated at 2-2.5 billion boe, which includes Liza and other exploration wells on Liza Deep, Payara and Snoek.
The Liza Phase 1 development includes a subsea production system in addition to the FPSO vessel. Production is expected to begin by 2020, less than five years after discovery of the field.
ExxonMobil subsidiary Esso Exploration and Production Guyana operates the Stabroek block with 45% interest. Its partners include Hess (30%), and CNOOC Nexen Petroleum Guyana (25%).
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