Offshore staff
TOKYO, Japan — MODEC will proceed with engineering, procurement and construction on the Uaru FPSO vessel following a final investment decision on the Uaru project by ExxonMobil Guyana and its co-venturers on April 27.
MODEC says Uaru is a significant addition to its portfolio, as it covers the EPCI of the FPSO. MODEC will also provide ExxonMobil with operations and maintenance service of the FPSO for 10 years from its first oil production.
The Uaru FPSO is named Errea Wittu, which means "abundance," and will be the fifth offshore FPSO in Guyana. The FPSO will combine the development of the Snoek, Mako and Uaru resources in the Stabroek Block. It will be deployed about 200 km offshore Guyana at a water depth of 1,690 m, using a SOFEC spread mooring system, and it will be able to store about 2 MMbbl of crude oil.
ExxonMobil’s co-venturers on the Stabroek Block are Hess Guyana Exploration (30%) and CNOOC Petroleum Guyana (25%).
Offshore Frontier Solution, a MODEC Group company and a joint venture with Toyo Engineering Corp., launched in August 2022, will be responsible for the engineering, procurement and construction of the FPSO based on MODEC’s M350TM newbuild hull. The FPSO will have a topside designed to produce about 250,000 bbl/d of oil and will have associated gas treatment capacity of 540 MMcf/d, water injection capacity of 350,000 bbl/d and produced water capacity of 300,000 bbl/d.
The FPSO will be MODEC’s first for use in Guyana, and it will be the 18th FPSO/FSO project delivered by MODEC for use in South America.
05.08.2023
