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ExxonMobil’s FPSO Produces First Oil

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SBM Offshore announced that floating, production, storage and offloading (FPSO) vessel Liza Unity has produced first oil as of February 11 and is formally on hire.

The FPSO Liza Unity is the first unit with a design based on SBM Offshore’s industry leading Fast4Ward® program which incorporates the company’s new build, multi-purpose floater hull, combined with several standardized topsides modules.

The FPSO is installed at the Liza field, which is located circa 200 kilometers (12 miles) offshore Guyana in the Stabroek block.

ExxonMobil’s subsidiary Esso Exploration and Production Guyana Limited is operator and holds 45 percent interest in the Stabroek Block.

Hess Guyana Exploration Ltd holds 30 percent interest and CNOOC Petroleum Guyana Limited, (a wholly owned subsidiary of CNOOC Limited), holds 25 percent interest.

“We are proud of the fact that FPSO Liza Unity has started production. The FPSO, with its relative low emission intensity will enable efficient production of these world-class oil reserves,” said Bruno Chabas, CEO of SBM Offshore.

“The combined client and SBM Offshore team that delivered this project have done an outstanding job,” he added.

The FPSO was delivered in three-and-a-half years, following the start of the engineering phase, which is a significant achievement, Chabas said.

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