The company SBM Offshore is well advanced in the construction project of FPSO One Guyana. The start of manufacturing the topside modules that will be used on the vessel marked an important moment for the project.

A new milestone was reached by the company SBM Offshore in the design of its largest FPSO vessel, the One Guyana. This Tuesday (18/10), the company is starting the construction of the vessel's topside modules, thus guaranteeing a strong Accelerating business development. The start of the construction phase was marked by ceremonies held at the Keppel FELS and Dyna-Mac shipyards, which are now investing heavily in manufacturing equipment for the offshore vessel.

FPSO One Guyana project advances with the start of construction of topside modules at Keppel FELS and Dyna-Mac shipyards

The company SBM Offshore has been investing heavily in recent months to develop the project for its largest FPSO in its fleet, One Guyana. 

Now, she has announced that she has arrived at an important moment in the project, the construction of the topsides modules to be used on the vessel. 

Two first steel cutting ceremonies were held at the Keppel FELS and Dyna-Mac shipyards, thus marking the beginning of the manufacture of marine structures.

The vessel construction project is expected to be completed in 2025 and the manufacture of this equipment in 2022 proves how committed the company SBM Offshore is to the delivery of FPSO One Guyana. 

This vessel will be the largest ever built in the oil and natural gas company's entire fleet, thus marking a moment of strong opportunities in the international market. 

The company entered into a partnership with ExxonMobil for the charter of the FPSO platform, guaranteeing an important deal for the coming years. 

FPSO One Guyana will have a production capacity of 250 barrels of oil per day, making it the largest vessel in the SBM Offshore fleet

SBM Offshore's contract with ExxonMobil provides that the 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 is the company with the largest stake in the block, with around 45% in the final contract, while Hess owns a 30% stake and CNOOC Petroleum owns the remaining 25%.

The start of construction of topside modules by SBM Offshore for the platform aims to bring the 2025 delivery date even closer to ExxonMobil, which intends to take advantage of the vessel to boost its production. 

One Guyana's production capacity is astonishing. According to the company, the vessel will be able to produce up to 250 barrels of oil per day and will have an associated gas treatment capacity of 450 million cubic feet per day.

In addition, it should be anchored in a water depth of around 1.800 meters and will be able to store around 2 million barrels of crude oil.

This is SBM Offshore's biggest project to date and the company is now focusing its efforts on efficiently building the ship's topside modules.

Learn more about SBM Offshore

The company SBM Offshore operates in the maritime sector with the objective of designing, supplying, installing, operating and maintaining floating production, storage and offloading (FPSO) vessels.

As market demand evolves, the company is finding better, safer and more sustainable ways to unlock the energy potential of the oceans. It also supports energy providers in this transition, helping them make the most of conventional energy and meet the world's future needs.