SBM Offshore has been awarded a major FPSO contract to deliver the FPSO ONE GUYANA, which will serve ExxonMobil’s Uaru field development in the Stabroek Block offshore Guyana.
This is SBM’s fifth FPSO project in Guyana, and the unit will be one of its largest-ever. Designed with a production capacity of 250,000 barrels per day and storage for 2 million barrels, it will play a key role in Exxon’s aggressive development program targeting over 1.3 million barrels per day from Guyana by 2027.
Construction will follow SBM’s Fast4Ward® design philosophy, with a standardized hull already under construction in China. Topsides fabrication and integration will take place in Singapore, ensuring delivery by 2026.
This project highlights Guyana’s emergence as one of the world’s most profitable offshore basins, and SBM’s ability to deliver complex deepwater assets efficiently.
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