Photo: FPSO Prosperity; Source: Screenshot from SBM Offshore's video

WATCH: SBM Offshore’s third Guyana FPSO moves to topsides integration phase

Dutch FPSO operator SBM Offshore has revealed that its second Fast4Ward design-based FPSO, and its third one for Guyana, has moved to the integration phase in a shipyard in Singapore.

As informed by SBM on Thursday, the Prosperity FPSO project last month passed another major milestone when it left the dry dock and moved to the quayside for the topsides integration phase.

The hull for the FPSO Prosperity, scheduled to operate for ExxonMobil offshore Guyana, arrived at the Keppel yard in Singapore in mid-August. The announcement about the vessel’s entry into the drydock at the Singapore yard was made in October 2021.

Now, the vessel has left the drydock in preparation for the topside integration phase. Due to that occasion, SBM Offshore released a video of the FPSO leaving the drydock.

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The unit is designed to produce 220,000 barrels of oil per day, with an associated gas treatment capacity of 400 million cubic feet per day and a water injection capacity of 250,000 barrels per day. It will be spread moored in a water depth of about 1,900 meters and will be able to store around 2 million barrels of crude oil.

The project financing for a total of $1.05 billion was secured in June last year by a consortium of 11 international banks.

The vessel will work on the Payara development, circa 200 kilometres offshore Guyana. The Payara project will target an estimated resource base of about 600 million oil-equivalent barrels. It is expected to produce up to 220,000 barrels of oil per day after startup in 2024.