Qingdao McDermott Wuchuan and Dyna-Mac have been contracted to work on the One Guyana FPSO vessel for ExxonMobil’s Yellowtail development in Guyana.
The One Guyana builds on the design experience of the Liza Destiny, Liza Unity and Prosperity FPSOs. It will be designed to produce approximately 250,000 barrels of oil per day and will have associated gas treatment capacity of 450 million cubic feet per day, and water injection capacity of 300,000 barrels per day. It will be spread moored in water depth of about 1,800 meters and will be able to store around 2 million barrels of crude oil.
According to the Asset.com, McDermott International established a special purpose company to perform front-end engineering and design (FEED) for an FPSO under contract for Yellowtail.
McDermott said that it would access the modularization design and fabrication expertise of its Qingdao McDermott Wuchuan fabrication yard in China.
The Yellowtail project is ExxonMobil’s and its partners’ fourth development in the Stabroek Block and is considered the largest undertaking since Guyana became an oil-producing nation in December 2019. As part of the Yellowtail Project, ExxonMobil plans to drill between 45 and 67 wells for the 20-year duration of the investment. It is intended to be the largest of the four developments with over 250,000 barrels of oil per day targeted once production commences. Based on the schedule, once approval is granted, engineering commences this year and production in the latter part of 2025.
The One Guyana FPSO is currently under construction.
