Fossil Energy – FPSO
Japanese floater specialist Modec has finalised a deal with a Chinese yard for the hull of a newbuild floating production, storage and offloading vessel that will serve ExxonMobil’s Uaru field on its prolific Stabroek block offshore Guyana.
Dalian Shipbuilding Industry Company in northern China’s Dalian city has clinched a deal with Modec to build the hull and living quarters of the FPSO, and first steel cut is scheduled in four months.
The newbuild floater will be based on the M350 standardised hull design that Modec and DSIC developed together.
It will be the second M350 FPSO Modec has signed up with DISC. The first is for Equinor’s Bacalhau project offshore Brazil. The Bacalhau FPSO sailed away early this week, heading for Singapore for hull-topsides integration at a Seatrium yard.
The Uaru FPSO will be named Errea Wittu, which Modec said means “abundance”, and will be able to store about 2 million barrels of oil.