Hess Corporation has 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 Q1 2020 and will produce up to 120,000 gross bbl/d.
The Stabroek Block is 6.6 million acres. ExxonMobil affiliate Esso Exploration and Production Guyana is operator and holds 45% interest in the Stabroek Block. Hess Guyana Exploration holds 30% interest and CNOOC Petroleum Guyana, a wholly owned subsidiary of CNOOC Limited, holds 25%.