Construction starts on third Fast4Ward FPSO hull, SBM Offshore reveals

Dutch FPSO provider SBM Offshore has revealed that a Chinese yard has started building its third Fast4Ward FPSO hull. 

Fast4Ward is SBM Offshore’s program aimed to standardize the FPSO construction and delivery process, thus reducing cost and speeding up the time to the market by up to 12 months.

According to SBM Offshore’s quarterly report on Thursday, the company currently has three standard, multipurpose hulls under construction.

The first hull left dry dock in the yard of Shanghai Waigaoqiao Shipbuilding (SWS) on June 8, 2019. The hull is allocated to the FPSO Liza Unity, which will be used By ExxonMobil in Guyana for the development of the second phase of the Liza oil field.

Once fully completed, Liza Unity will be able to produce 220,000 barrels of oil per day, will have associated gas treatment capacity of 400 million cubic feet per day, and water injection capacity of 250,000 barrels per day.

Furthermore, the company said that good progress is being made on the second hull in the yard of China Merchants Industry Holdings (CMIH). This hull is allocated to the FPSO Mero 2.

Namely, Brazil’s Petrobras and SBM last June signed a letter of intent for a 22.5-year lease and operation of the FPSO Mero 2, to be deployed at the Mero field, 180 kilometers offshore Rio de Janeiro. The FPSO will be designed and built using SBM’s Fast4Ward program.

Finally, the construction on the third hull has recently started in SWS yard, SBM Offshore said in its quarterly report.

“SBM Offshore is confident that this hull will be allocated to an identified opportunity,” the company added.

It is worth reminding that SBM announced it had progressed negotiations to start work on its third standard, multi-purpose FPSO hull back in February 2019.

Offshore Energy Today Staff


Spotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email.

Also, if you’re interested in showcasing your company, product or technology on Offshore Energy Today, please contact us via our advertising form where you can also see our media kit.

Share this article

Follow Offshore Energy Today

Events>

<< Aug 2019 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31 1

OEE Conference & Exhibition 2019

OEE2019 is organised by Ocean Energy Europe, the industry association representing ocean energy in Europe.

read more >

Shanghai Int Petrochemical and Offshore Oil & Gas and Chemical Industry Technology and Equipment Exhibition 2019

cippe Shanghai has attracts both…

read more >

OWI LATAM 2019

Over the two-day conference, 25+ expert speakers will share exclusive insight on how to develop an integrity, production and P&A strategy…

read more >

Uganda International Oil and Gas Summit 2019

Uganda International Oil & Gas Summit will once again examine the industry’s developments…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply