The first floating production storage and offloading vessel (FPSO) attached to Exxon’s activities in Guyana now makes the long journey from Singapore to Guyana. It is expected that the vessel will arrive in Guyana’s waters in September.
First oil from the FPSO is expected in 2020.
According to Guyana’s Department of Public Information (DPI), the Liza Destiny FPSO was transformed from the oil tanker, “Tina”, a VLCC [Very Large Crude Carrier] built by Hyundai Heavy Industries in South Korea. The contract for its conversion was awarded to SBM Offshore in July 2017.
SBM Offshore has been contracted by ExxonMobil to install, lease and operate the Liza Destiny.
The Liza Destiny is designed to produce up to 120,000 barrels of oil per day and also has the capacity to store 1.6 million barrels.