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FPSO ONE GUYANA producing and on hire
Globenewswireยท2025-08-08 16:01

Core Viewpoint - SBM Offshore has successfully commenced production of FPSO ONE GUYANA, marking a significant milestone in its operations in Guyana and enhancing its capacity in the region [1][4]. Group 1: Production and Capacity - FPSO ONE GUYANA is designed to produce an annual average of 250,000 barrels of oil per day, with gas treatment capacity of 450 million cubic feet per day and water injection capacity of 300,000 barrels per day [2]. - The FPSO has a storage capacity of 2 million barrels of crude oil and is spread moored in approximately 1,800 meters of water depth [2]. - The introduction of FPSO ONE GUYANA increases the total installed capacity of SBM Offshore's Fast4Ward FPSOs by 655,000 barrels of oil per day in 2025 [4]. Group 2: Project and Stakeholders - FPSO ONE GUYANA is part of the Yellowtail development, which is the fourth development within the Stabroek block, located about 200 kilometers offshore Guyana [3]. - ExxonMobil Guyana Limited operates the Stabroek block and holds a 45 percent interest, while Hess Guyana Exploration Ltd and CNOOC Petroleum Guyana Limited hold 30 percent and 25 percent interests, respectively [3]. Group 3: Corporate Overview - SBM Offshore is recognized as a leader in deepwater ocean-infrastructure, focusing on the design, construction, installation, and operation of offshore floating facilities [5]. - The company emphasizes its commitment to delivering cleaner and more efficient energy production while balancing ocean protection with progress [6].