SBM Offshore yesterday announced that ExxonMobil has formally confirmed the award of contracts for the next phase of the Liza project in Guyana.
A release from SBM said that under these contracts, SBM Offshore will construct, install, lease and operate a floating production, storage and offloading vessel (FPSO). This comes after completion of front-end engineering studies and the final investment decision on the project by ExxonMobil.
The release said that FPSO is geared to produce up to 120,000 barrels of oil per day, will have associated gas treatment capacity of circa 170 million cubic feet per day and water injection capacity of circa 200,000 barrels per day.
