Japan’s MODEC stated Monday it would certainly wage design, purchase, as well as building and construction on the Uaru FPSO vessel complying with a last financial investment choice on the Uaru overseas oil task by ExxonMobil in Guyana last month.
The Uaru FPSO is called ‘Errea Wittu’, which suggests ‘abundance,’ as well as will certainly be the 5th overseas FPSO in Guyana as well as the very first to be provided by MODEC. The initially 4, 2 of which are currently in manufacturing in the Stabroek enclose Guyana, were/will be supplied by SBM Offshore.
Apart from providing the Errea Wittu FPSO, MODEC will certainly additionally supply ExxonMobil with procedures as well as upkeep solution of the FPSO for one decade from its very first oil manufacturing
The FPSO will certainly incorporate the growth of the Snoek, Mako, as well as Uaru sources in the Stabroek block.
It will certainly be released around 200 kilometers offshore Guyana, at a water deepness of 1690 meters, making use of a SOFEC Spread Mooring System, as well as it will certainly have the ability to save around 2 million barrels of petroleum. ExxonMobil’s co-venturers on the Stabroek block are Hess Guyana Exploration LTD (30%) as well as CNOOC Petroleum Guyana Limited (25%).
Offshore Frontier Solution PteLtd (“OFS”), a MODEC Group Company as well as a joint endeavor with Toyo Engineering Corporation, released in August 2022, will certainly be accountable for the design, purchase, as well as building and construction of the FPSO based upon MODEC’s M350 TM new-build hull.
The FPSO will certainly have a topside made to generate around 250,000 barrels of oil each day as well as will certainly have a connected gas therapy capability of 540 million cubic feet each day, water shot capability of 350,000 barrels each day, as well as created water capability of 300,000 barrels each day
“We are extremely honored to be chosen to provide an FPSO for the Uaru project,” stated Takeshi Kanamori, President && CHIEF EXECUTIVE OFFICER of MODEC. “This is our first project with ExxonMobil since we delivered FSO Kome Kribi 1 in Cameroon for Esso Chad in 2003. It is indeed a long-desired new project for MODEC, and we look forward to cooperating closely with the client and its co-venturers to make this project a success.”
The FPSO will certainly be MODEC’s very first for usage in Guyana as well as the 18th FPSO/FSO task supplied by MODEC for usage in South America.
