FPSO Archives

August 8, 2025

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Oil production from Guyana’s fourth and largest floating production, storage and offloading (FPSO) vessel, ONE GUYANA, has begun, lifting the country’s total crude output to more than 900,000 barrels per day (bpd), the government said on Thursday. The SBM Offshore-built vessel, located in the Stabroek Block, will pump about 250,000 bpd from the Yellowtail and […]

May 9, 2025

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President of ExxonMobil Guyana Limited, Alistair Routledge, has announced that the fourth Floating Production, Storage, and Offloading (FPSO) vessel will be operational by August, leading to an increase in daily production to 900,000 barrels per day. He made the announcement while reflecting on the company’s journey from exploration and discovery to production during the Offshore […]

April 22, 2025

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Japanese shipbuilder MODEC has been awarded its second contract for the development of a Floating Production, Storage, and Offloading (FPSO) vessel, this time for the seventh oil project, Hammerhead. MODEC made the announcement in a release on Monday, highlighting that the contract is a Limited Notice To Proceed (LNTP) by ExxonMobil Guyana, pending necessary government […]

April 15, 2025

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Guyana has officially welcomed the arrival of the ONE GUYANA Floating Production, Storage and Offloading (FPSO) vessel, marking a major milestone in the country’s expanding offshore oil industry and broader national development goals. According to a release, constructed by SBM Offshore, the state-of-the-art vessel is set to support ExxonMobil Guyana’s Yellowtail development in the highly […]

January 23, 2025

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Minister of Natural Resources, Vickram Bharrat, disclosed on Tuesday that 225 lifts of crude oil from the Stabroek Block were recorded in 2024, marking a substantial increase from the 142 lifts recorded in 2023. This information was reported via the government’s Department of Information (DPI). It was noted also that each lift of crude amounts to […]

Tag: FPSO

Fourth FPSO starts production, lifting crude output above 900,000 bpd

Fourth FPSO to be operational by August

MODEC secures FPSO contract from ExxonMobil’s 7th Project

Guyana welcomes arrival of ONE GUYANA FPSO

225 lifts of crude oil from Stabroek Block recorded in 2024

ExxonMobil says workforce trained, prepared for unplanned events at Haimara

Police break up 'Last Day of School' party after students caught drinking, smoking at Mackenzie market

530 Region Five small contractors on pre-qualified list to get at least one contracts before year-end, says Jagdeo

ExxonMobil says workforce trained, prepared for unplanned events at Haimara

Police break up ‘Last Day of School’ party after students caught drinking, smoking at Mackenzie market

530 Region Five small contractors on pre-qualified list to get at least one contracts before year-end, says Jagdeo