Exxon Mobil today announced the arrival the ONE GUYANA Floating, Production, Storage and Offloading (FPSO) vessel in Guyana Waters.
In a press statement, the oil giant said the new vessel joins the Destiny, Unity, and Prosperity FPSOs in the Stabroek Block offshore Guyana.
The new vessel which was constructed by SBM Offshore will operate in the Yellowtail development, with an initial production capacity of 250,000 barrels per day and an overall storage volume of approximately two million barrels.
Production from the Yellowtail project is expected to commence later this year following the completion of installation and well activities, bringing daily production capacity across EMGL operations to approximately 900,000 barrels.
The company’s production manager, Hauzef Ali said, the arrival of the ONE GUYANA FPSO symbolizes the unwavering collaboration between our team, the government and our industry partners. We are proud to play a pivotal role in shaping the energy landscape of Guyana while fostering sustainable development and empowering the communities we serve.”
The company has organised a street festival for May 3 to mark the vessel’s arrival while highlighting the benefits of the Yellowtail project to Guyana – this will include the growing local content and increasing revenues to the nation.