First Lady dedicates Prosperity FPSO

First Lady Arya Ali (centre) at the event for the dedication of the Prosperity FPSO. To her right is ExxonMobil’s Alistair Routledge. (ExxonMobil photo)
First Lady Arya Ali (centre) at the event for the dedication of the Prosperity FPSO. To her right is ExxonMobil’s Alistair Routledge. (ExxonMobil photo)

First Lady Arya Ali yesterday officially dedicated the Prosperity vessel at a naming ceremony in Singapore, a release from ExxonMobil stated.

Prosperity is the third floating, production, storage, and offloading (FPSO) vessel that will operate in the Stabroek Block offshore Guyana.

The release said that Mrs. Ali is the godmother of the vessel, a longstanding maritime tradition which identifies a woman to bestow good luck and protection over the vessel and those who sail on it.

“This vessel offers another avenue to prosperity, an opportunity to build a future for our people, a future they deserve. The Prosperity is more than just a symbol of development though; she is a physical manifestation of the hard work and collaborative relationship between the people of Guyana and the collection of companies doing business in our oil and gas sector,” Mrs. Ali said, according to the press release.

ExxonMobil’s Senior Vice President of Deepwater, Hunter Farris lauded the level of collaboration among the companies in several countries that went into making the project a reality.

“The Prosperity reaffirms ExxonMobil’s commitment to Guyana. A third vessel operating offshore will further contribute to Guyana’s transformation, creating new business and employment opportunities over the life of its operation,” Farris said.

The Prosperity, which is scheduled to leave Singapore for Guyana this quarter, is designated for  the Payara development, ExxonMobil Guyana’s third project in the Stabroek Block. Start-up is expected later this year.

The Prosperity will have an initial production target of 220,000 barrels of oil per day and an overall storage capacity of around two million barrels, the release said.