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Thursday, October 3, 2024

First Metal Minimize In China For



Japanese FPSO leasing agency MODEC stated Thursday that the primary steel-cutting ceremony for the Guyana-bound FPSO Errea Wittu had been held in China.

MODEC secured its first order to produce an FPSO to Guyana in Could 2023. The order got here from an ExxonMobil-led consortium and is for the deployment of the FPSO to the large Stabroek offshore block in Guyana, the place Exxon already has three FPSOs in manufacturing, all three provided by SBM Offshore.

In response to World Power Studies, China’s DSIC has the development hull contract, with Bomesc Offshore Engineering and DynaMac chargeable for the topside modules building.

Asserting the primary metal reducing ceremony in China on Thursday, MODEC stated: “FPSO Errea Wittu has reached an necessary milestone in its journey! After an thrilling begin with the primary metal reducing for the topside’s modules in Singapore, we’re proud to announce that the FPSO Errea Wittu has additionally achieved the primary metal reducing milestones in China.”

President and CEO of MODEC in Singapore, Soichi Ide, who was current on the first metal reduce occasions in China, thanked ExxonMobil for entrusting the challenge to MODEC: “We’ve a monitor report for profitable challenge deliveries that we’re happy with. Though FPSO Errea Wittu will probably be MODEC’s first FPSO to be used in Guyana, she would be the 18th FPSO/FSO vessel delivered by MODEC to be used in South America, out of 54 floating services delivered on this planet. Thanks for selecting us to be your accomplice. We’re proud to have the ability to play a component in contributing in direction of Guyana’s power future and the financial system.”

The Errea Wittu FPSO will probably be used to develop the Snoek, Mako, and Uaru assets within the Stabroek block. 

Other than supplying the Errea Wittu FPSO, MODEC may also present ExxonMobil with operations and upkeep service of the FPSO for 10 years from its first oil manufacturing.



The Errea Wittu will probably be deployed roughly 200 kilometers offshore Guyana, at a water depth of 1690 meters, utilizing a SOFEC Unfold Mooring System, and it is going to be in a position to retailer round 2 million barrels of crude oil. ExxonMobil’s co-venturers on the Stabroek block are Hess Guyana Exploration LTD (30%) and CNOOC Petroleum Guyana Restricted (25%).

The FPSO may have a topside designed to supply roughly 250,000 barrels of oil per day and may have an related gasoline remedy capability of 540 million cubic toes per daywater injection capability of 350,000 barrels per day, and produced water capability of 300,000 barrels per day.

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