Fossil Energy – MODEC
MODEC has been awarded a contract by ExxonMobil Guyana to develop a Floating Production, Storage, and Offloading (FPSO) vessel for the Hammerhead project.
The contract is a Limited Notice To Proceed (LNTP) by ExxonMobil Guyana, pending necessary government and regulatory approval.
Phase one encompasses Front-End Engineering and Design (FEED) while phase two covers Engineering, Procurement, Construction, and Installation (EPCI).
The Hammerhead FPSO will have a production capacity of 150,000 barrels of oil per day (BOPD) and a storage capacity of 1.6 million barrels. It will have a gas production capacity of 90 MMscfd and a water injection capacity of 340,000 bpd and will be moored in a water depth of 1,025 metres using a SOFEC spread mooring system.
The Hammerhead FPSO will be MODEC’s second for use in Guyana, following the Errea Wittu, which is currently being built for ExxonMobil Guyana’s Uaru project.
