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.
Drones Take Off in the Oil Field, but How High Will They Fly?
Unmanned aerial vehicles are creeping up on ubiquity in the oil and gas industry, but their potential still firmly outweighs the actuality. A panel at the 2019 SPE Annual Technical Conference and Exhibition took a close look at the benefits of drones and at the tethers still holding back their use.
ExxonMobil Eyes Sale of Malaysian Offshore Assets
A month after it got out of Norway, Bloomberg reports that the company is working with advisers on a potential Malaysian sale, which could raise as much as $3 billion. ExxonMobil plans to divest around $15 billion in nonstrategic assets by 2021.
Qatar Petroleum Takes Over Pair of Offshore Fields from Oxy
As Oxy looks to divest billions in assets and focus more on its prime US shale fields, it sheds itself of the ISND and ISSD fields off the eastern coast of Doha. In announcing the lease loss last year, Oxy said the fields need significant infrastructural investment.
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03 October 2019
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