The Company SBM Offshore Is Further Advanced In The Construction Project Of FPSO One Guyana. The Start Of Manufacturing The Topsides Modules That Will Be Used In The Vessel Marked An Important Moment For The Project.
A new milestone has been reached by SBM Offshore in the project of its largest FPSO vessel, One Guyana. On this Tuesday, (10/18), the company has started construction of the topsides modules for the vessel, thus ensuring a strong acceleration in business development. The start of the construction phase was marked by ceremonies held at Keppel FELS and Dyna-Mac shipyards, which are now heavily investing in manufacturing the equipment for the offshore vessel.
FPSO One Guyana Project Advances With The Start Of Topsides Module Construction At Keppel FELS And Dyna-Mac Shipyards
The company SBM Offshore has been heavily investing in recent months for the development of the project of its largest FPSO in its fleet, One Guyana.
Now, it has announced that it has reached an important moment in the venture, the construction of the topsides modules to be used in the vessel.
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Two steel cutting ceremonies were held at the Keppel FELS and Dyna-Mac shipyards, thus marking the beginning of the manufacturing of the marine structures.
The ship’s construction project is expected to be completed in 2025, and the manufacturing of these equipment in 2022 proves how committed SBM Offshore is to delivering the FPSO One Guyana.
This vessel will be the largest ever built in the entire fleet of the oil and natural gas company, thus marking a moment of strong opportunities in the international market.
The company has partnered with ExxonMobil for the chartering of the FPSO platform, securing an important business for the coming years.
FPSO One Guyana Will Have A Production Capacity Of 250 Thousand Barrels Of Oil Per Day, Being The Largest Vessel In SBM Offshore’s Fleet
SBM Offshore’s contract with ExxonMobil provides that FPSO One Guyana will be used by the company in the Yellowtail project, within the Stabroek offshore block, located 200 kilometers off the coast of Guyana.
ExxonMobil holds the largest share in the block, with about 45% in the final contract, while Hess has a 30% stake and CNOOC Petroleum owns the remaining 25%.
The start of topsides module construction by SBM Offshore for the platform aims to bring the delivery deadline of 2025 even closer to ExxonMobil, which intends to leverage the vessel to boost its production.
The production capacity of One Guyana is impressive. According to the company, the vessel will be able to produce up to 250 thousand barrels of oil per day and will have an associated gas treatment capacity of 450 million cubic feet per day.
Additionally, it will be anchored in approximately 1,800 meters of water and will be able to store about 2 million barrels of crude oil.
This is the largest project of SBM Offshore to date, and the company is now focusing its efforts on the efficient construction of the topsides modules of the vessel.
Learn More About SBM Offshore
SBM Offshore operates in the maritime sector with the aim of designing, supplying, installing, operating, and maintaining floating production, storage, and offloading vessels (FPSO).
As market demand evolves, the company finds better, safer, and more sustainable ways to unlock the energy potential of the oceans. It also supports energy suppliers in this transition, helping them maximize conventional energy and meet the future needs of the world.

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