New oil vessel sets sail for Guyana; production to begin in 2022

The Liza Unity floating, production, storage and offloading (FPSO) vessel, which will operate in the oilfields offshore Guyana, has set sail from Singapore and is on its way to Guyana.

This is according to a press release issued on Thursday by oil company, ExxonMobil. It was noted that the vessel left Singapore “in early September”.

This FPSO will be utilized for the Liza Phase 2 development and is expected to begin production in early 2022. The News Room previously reported that the vessel is twice the size of the Liza Destiny, which is the vessel that is currently operating offshore Guyana. 

The Liza Destiny FPSO vessel is currently producing approximately 120,000 barrels of oil per day, but the Unity vessel has the capacity to produce approximately 220,000 barrels of oil per day. 

The hull for the Liza Unity FPSO was built by Chinese shipyard ‘Shanghai Waigaoqiao Shipbuilding. It is based on SBM Offshore’s Fast4Ward programme, and it is the first FPSO in Guyana to incorporate the company’s “design one, build many” approach. The topside modules were constructed and added to the hull by Keppel at their shipyard in Singapore.

The release also noted that ExxonMobil anticipates at least six projects online by 2027 and sees potential for up to 10 projects to develop its current discovered recoverable resource base.