SBM Offshore announce at this time that, Esso Exploration and Production Guyana Limited (EEPGL), an affiliate of Exxon Mobil Corporation, has confirmed the award of contracts for the following section of the Liza undertaking in Guyana. Under these contracts, SBM Offshore will assemble, set up and thereafter lease and function for as much as two years the Liza Unity FPSO.
FEED research, receipt of requisite authorities approvals and the ultimate funding choice on the undertaking by ExxonMobil and block co-venturers.
The Liza area is positioned within the Stabroek block circa 200 kilometers offshore Guyana. EEPGL is the operator and holds a 45 p.c curiosity within the Stabroek block. Hess Guyana Exploration Ltd. holds a 30 p.c curiosity, and CNOOC Petroleum Guyana Limited holds a 25 p.c curiosity.
SBM Offshore CEO Bruno Chabas commented:
“We are proud that ExxonMobil awarded SBM Offshore the contracts for the Liza Unity FPSO. The Company is assured that this undertaking will show the worth that our Fast4WardTM program brings to our shoppers. We sit up for persevering with the cooperation with our consumer ExxonMobil on this second essential undertaking in Guyana.
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