Hess Corporation announced that the Liza Destiny, Guyana’s first oil production vessel, has arrived at the Stabroek Block.
The Floating, Production, Storage and Offloading (FPSO) vessel arrived following a 42 day journey from Singapore. This FPSO is a significant component of the Liza Phase 1 development, which involves four undersea drill centers with 17 wells.
After clearing customs, hookup and installation of the Liza Destiny FPSO will begin. The Liza Phase 1 development is on track for startup by the first quarter of 2020 and will produce up to 120,000 gross barrels of oil per day.
The Stabroek Block is 6.6 million acres (26,800 square kilometers). ExxonMobil affiliate Esso Exploration and Production Guyana Limited is operator and holds 45 percent interest in the Stabroek Block. Hess Guyana Exploration Ltd. holds 30 percent interest and CNOOC Petroleum Guyana Limited, a wholly-owned subsidiary of CNOOC Limited, holds 25 percent interest.
Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas.
The Very Large Crude Carrier (VLCC) Tina was selected by SBM Offshore for the conversion. The conversion phase including the hull, as well as the construction and integration of the topsides, began in November 2017 with the tanker arrival at Keppel shipyard in Singapore on November 14, 2017.
In July, 2019 Liza Destiny FPSO departed from Singapore.
(Source and image: HESS)