SBM Offshore places an order for the third Fast4Ward Hull from CSSC Shanghai Waigaoqiao Shipbuilding (SWS). 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.
The first hull left dry dock in the yard of 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 an associated gas treatment capacity of 400 million cubic feet per day, and a 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).
Finally, the construction on the third hull has recently started in SWS yard, SBM Offshore said in its quarterly report.