Guyana – OIL: First Lady commissions ExxonMobil’s first FPSO for Guyana

First Lady Sandra Granger on Saturday 23rd June 2019, commissioned the ‘Liza Destiny’, the first in a series of Floating Production Storage and Offloading (FPSO) vessels for ExxonMobil Guyana at the Keppel Shipyard in Singapore.

The vessel will depart Singapore in July and is expected to arrive in Guyana in September to prepare for the commencement of oil production for the Liza Phase 1 project in the Stabroek Block by the first quarter of 2020.

Mrs. Granger was accompanied by Director of the Department of Energy, Dr. Mark Bynoe.   

First Lady Sandra Granger (centre, front row).

In her remarks at the commissioning and naming ceremony, the First Lady said that the vessel has been aptly named as it represents what Guyana can become in the years ahead with the expected revenues and its impacts on the country.

“I want to thank all the hearts and minds that came together to put this project together. I hope that it will benefit not only the partners and their profits but also the Government and people of Guyana. I think it is a fitting name for our country because we are talking about destiny, we are talking long term and we are talking what I believe is vision not only for production but the process behind it. I hope this ship will bring to us the people of Guyana not only prosperity in a physical sense but greater cohesion, greater development and of course, the sustainability of our country and the culture that we all desire. I hope that we will succeed together in this venture,” she was quoted as saying in a Ministry of the Presidency release.

Mrs. Granger noted that the vessel in itself will encompass the destinies of the country and all its stakeholders.

President of ExxonMobil’s Upstream Oil and Gas Company, Liam Mallon, said in his remarks that the commissioning and the journey of the vessel is a significant event and marks a new beginning for Guyana.

“This is an important juncture and the boat has a great journey ahead of it. The work that has been done on this vessel is staggering. It is an absolutely remarkable achievement that this is ready to sail within less than 5 years of discovery to production. I personally haven’t seen numbers like this since the 1990s. You have set a new industry benchmark. This couldn’t have worked without partnership. This just doesn’t happen. It happens with great teams, enormous trust and enormous respect,” he was quoted as saying in the government release.

Mallon noted too the name for the FPSO was deliberately chosen in keeping with what it means not just for the company but Guyana and its population.

“Over 1000 Guyanese have worked on this project in various parts in the world. We think long term and we think about the destiny of a country like Guyana. This is the first of many developments. This is a long term partnership. The boat is designed to produce for decades and so our destinies have been and continue to be linked to Guyana for many years to come,” he said.

Chief Executive Officer of Dutch Company SBM Offshore, which was contracted to construct the ship, Bruno Chabas said that the ‘Liza Destiny’ was converted from an oil tanker, previously called ‘Tina’. He outlined that engineering and design began in December 2016 and work began in June 2017.

During this time, over 3000 persons have worked on the vessel.

The vessel can produce up to 120,000 barrels of oil per day and has a storage capacity of 1.6 million barrels.

Phase 2 of the Liza development is expected to start up in mid-2022 and will develop approximately 600 million barrels of oil through the ‘Liza Unity’, the second FPSO in the series.

The 13 discoveries on the block to date have established the potential for at least five FPSO vessels producing more than 750,000 barrels of oil per day by 2025.

Following the opening ceremony, the First Lady and the Director of the Department of Energy were taken on a guided tour of the Liza Destiny.

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Comments

  • kamtanblog  On June 24, 2019 at 2:35 am

    My concerns
    “Health and safety” disciplines are
    adhered to and stringently enforced.
    An “oil spill” would be a disaster for
    the entire region.
    Good luck Guyana ..learn from the mistakes
    of Trinidad what sudden found wealth
    from “black gold” can do to society.
    Drugs and guns culture

    Kamtan

    • Trevor  On June 24, 2019 at 2:04 pm

      Try applying for a remigrant house lot or renew your driver license application at the GRA office and you’d wonder how ExxonMobil could fast track oil production as if GT had fibre optic internet of NYC.

      • kamtanblog  On June 24, 2019 at 2:52 pm

        When corruption is endemic in a society
        no “anti biotic” will work.
        Until some of the elite/politicians are jailed for corruption
        Guyana will remain a “failed state”…fact !

        That’s life !

        Kamtan

      • Trevor  On June 24, 2019 at 11:01 pm

        The 1st world powers will never allow multi-national corporations to be held accountable. Money talks.

        If they did, they would have already investigated ExxonMobil and put their foot down when it comes to the corruption in EQ, Angola and other African and Asian countries.

        The US Embassy threatens Caribbean countries with sanctions if they don’t enact onerous laws to combat financial crimes, but the dictators of Africa are allowed to purchase mansions and resorts in affluent areas of the USA, such as Malibu, Manhattan, Los Angeles, etc.

  • Tata  On June 25, 2019 at 9:59 pm

    Kamtan! Do you think people become millionaires and billionaires by being honest? No!!!!! Unfortunately, we live in a cut-throat world where GREED is the culture. Today, Guyana’s oil wealth brings many suitors, but in the words of my my late grandma “they all look like SCAMPS.”

    • Trevor  On June 25, 2019 at 11:11 pm

      Trotman say that every one of us here in GY will become Arabian millionaires. Yet…youth unemployment here is at 1 in 5 youth, or even higher.

    • kamtanblog  On June 26, 2019 at 3:01 am

      Simple Simon says
      Greed is a human curse !
      One can be hungry without being “greedy”

      My grandma used to say….
      When you grow up don’t be a “dog in the manger”
      She was our home grown philosopher..
      She exited at 93 ..my father at 92 and my mother at 93….at 75 and counting !

      👽🇬🇧🇬🇾🇪🇸🇬🇧🦍

      • Trevor  On June 26, 2019 at 8:16 pm

        Are you mixed?
        Usually, it’s only Europeans who get to live past 80.
        The life expectancy here in Guyana, even with 6 billion barrels of oil and promises of Arabian wealth and skyscrapers is barely at 70.

      • kamtanblog  On June 26, 2019 at 10:33 pm

        Of course I am mixed…we all are.!!
        My ancestors hail from Lisbon Portugal
        and Madeira. Portugal was occupied by
        the moors (North Africans) for over 700
        years….so was Spain. My grandmother
        from Madeira (peasantry and illiterate)
        my grandfather Lisbon (shopkeepers
        astute with money) my parents born in Guyana
        died/buried in Canada. Most of my parents
        family are buried in Cove and John cemetery
        ECD. Am one of the “windrush” generation
        who came to UK post WW2 to help rebuild
        it’s bombed out cities. Ex RAF (royal Air Force”
        operative who returned to Guyana in late 1960’s with Spanish wife..my 4 children
        were born in GT guyana. We all now live in EU.
        Life unfolds !
        Love the life you live
        Live the life you love
        And it doesn’t take trillions to do so !

        Kamtan

      • Trevor  On June 27, 2019 at 10:26 pm

        Interesting.

        So you would look more like Sean Paul, based on your Iberian heritage?

        No wonder you’re still strong at that age. Many Guyanese here will barely reach 65 or 70, and they gone.

      • Emanuel  On June 28, 2019 at 2:17 am

        Go for the century, ole boy.

      • kamtanblog  On June 28, 2019 at 4:25 am

        Yep..but dem old/young farts playing for WI
        should be “de-selected” in order to win some
        silver war….too sloppy play at moment.
        Am very disappointed with the poor performance of the team …to say the least !
        Pity as they have some very talented young players.

        Kamtan

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