News

SBM Offshore lands vital contract for FPSO bound for ExxonMobil - Upstream Online

Upstream Online · last updated

SBM Offshore lands vital contract for FPSO bound for ExxonMobil | Upstream Online

US supermajor ExxonMobil has enlisted the services of Dutch floating production specialist SBM Offshore to spearhead the front-end engineering and design work for a floating production, storage, and offloading vessel earmarked for the Whiptail development project off the coast of Guyana.

Download the Upstream News app

Read high quality news and insight on the oil and gas business on-the-go

Provided that the development plan secures government approval in Guyana, SBM will initiate floater construction once the FEED phase concludes and the project is sanctioned by ExxonMobil.

Related Knowledge Center: Offshore drilling

State of Play

The Biden administration is proposing additional leasing for offshore oil and gas drilling, largely limiting the plan to the Gulf of Mexico.

More informationabout Offshore drilling