Chinese shipyard likely for work on Guyana’s fifth oil platform

Japanese company MODEC has identified a Chinese shipyard to provide the hull and living quarters for the floating production, storage and offloading (FPSO) vessel that will serve ExxonMobil’s Uaru field offshore Guyana, according to upstreamonline.com.

Though a contract is yet to be awarded, Asian contracting sources said MODEC is in advanced talks with Dalian Shipbuilding Industry Company (DSIC) for a commercial deal covering engineering, procurement and construction for the hull, using the M350 standardised hull design that the pair developed together, the December 28th report said.

ExxonMobil has used SBM Offshore for the first four FPSO deals for Liza-1, Liza-2, Payara and Yellowtail. The Singaporean shipyard Keppel has undertaken works for the FPSOs. However in November this year, ExxonMobil announced that it had selected MODEC for its 5th FPSO.