SBM Offshore’s fifth Guyana-bound FPSO enters drydock

(offshore-energy.biz) Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has tucked a new construction milestone under its belt for a floating production, storage, and offloading (FPSO) unit destined for a sixth deepwater oil development project, operated by ExxonMobil Guyana, a subsidiary of the U.S. energy giant ExxonMobil, at the Stabroek block off the coast of Guyana.

Following a final investment decision (FID) to develop the Whiptail oil development as its sixth project in Guyana’s Stabroek block, ExxonMobil put SBM Offshore in charge of the front end engineering and design (FEED) work for the FPSO Jaguar, which comes with an expected field life of at least twenty years.

A steel strike ceremony, held on November 12, 2024, set in motion the production of over 300 metric tons of fabricated fixtures for the Stabroek block-bound vessel, which is expected to come online in 2027, approximately 200 kilometers offshore Guyana.

While disclosing that its fifth FPSO for Guyana has entered drydock at Seatrium’s yard in Singapore, the Dutch player described the achievement as a major step forward. As topsides construction is said to be progressing on schedule, the firm expects its next key milestones to include the installation of the mooring structures and riser balcony.

Read full article: WATCH: SBM Offshore’s fifth Guyana-bound FPSO enters drydock – Offshore Energy