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SBM Offshore wins contract from ExxonMobil to operate FPSO project in Guyana

Dutch company SBM Offshore was awarded turnkey and lease contract to operate a floating production, storage and offloading vessel (FPSO) from ExxonMobil for the Liza project in Guyana.

Located in the Stabroek block, covering almost 27,000 square kilometers, approximately 200 kilometers offshore Guyana, The Liza Field Offshore Guyana is one of the industry’s largest oil discoveries of the past decades, according to Bruno Chabas, CEO of SBM Offshore.

Under the contract awarded by ExxonMobil, SBM Offshore will construct, install, lease and operate floating production, storage and offloading vessel (FPSO) for the next phase of the Liza project in Guyana, South America.

The FPSO is planned to produce up to 120,000 barrels of oil per day. It will also have associated gas treatment capacity of approximately 170 million cubic feet per day and water injection capacity of approximately 200,000 barrels per day. The converted VLCC FPSO will be spread moored in water depth of 1525 meters and will be able to store 1.6 million barrels of crude oil.

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Source: SBM Offshore