Work Continues on Liza Unity FPSO
SBM Offshore recently released a video updating its progress on the Liza Unity, its second FPSO for ExxonMobil’s Liza project offshore Guyana. The FPSO hull was launched in June, a month after ExxonMobil sanctioned the Liza Phase 2 development.
The FPSO is designed to produce 220,000 BOPD, with associated gas treatment capacity of 400 MMcf/D and water injection capacity of 250,000 B/D. The FPSO will be spread moored in 1600-m water depth and will be able to store around 2 million bbl of crude oil. ExxonMobil awarded SBM Offshore with the contract to construct and install the vessel in May, after the completion of front-end engineering studies. It will be used for the Liza Phase 2 development, which is scheduled for startup in mid-2022.
Once finished, the Liza Unity will be SBM’s first operational FPSO built under Fast4Ward, its program for standardizing FPSO design. The program aims to systemize the FPSO construction and delivery process, which SBM said will reduce cost and speed the time to market.
SBM is also supplying an FPSO (Liza Destiny) for Phase 1 of the Liza project. Liza Destiny set sail from the Keppel shipyard in Singapore on 22 July and arrived in Guyana on 30 August.
Oil-Production Costs Reach New Lows, Making Deepwater One of the Cheapest Sources of Novel Supply
In an updated projection, Rystad said that a breakeven of only $50/bbl is needed to produce 100 million BOPD in 2025, reflecting the reduction in oil-production costs.
Cyberhawk To Provide Drone Services to Middle East LNG Company
Cyberhawk will provide drone inspection, surveying, data visualization services, and inspection reports.
TechnipFMC Joins Breidablikk Development With EPCI contract
The EPCI contract for the Breidablikk development includes provision of flexible jumpers and rigid pipelines as well as pipeline installation work. About 70% of the value creation in the Breidablikk development phase is expected to go to Norwegian companies.
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08 October 2020
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