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Exploration|PROJECT|Storage
Exploration|PROJECT|Storage
exploration|project|storage

Yellowtail development – One Guyana floating production storage and offloading vessel, Guyana

Image of a tanker moored at an FPSO

13th May 2022

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Yellowtail development – One Guyana floating production storage and offloading (FPSO) vessel.

Location
Off the shore of Guyana.

Project Owner/s
ExxonMobil and Esso Exploration and Production Guyana Limited (EEPGL).

Project Description
The One Guyana FPSO vessel will develop an estimated resource of more than 900-million barrels of oil.

Potential Job Creation
Not stated.

Capital Expenditure
$10-billion.

Planned Start/End Date
Government approvals for the project were received in April 2022; production is expected to begin in 2025.

Latest Developments
None stated.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
EEPGL, tel +592 231 2866 or email guyanastaff@exxonmobil.com.

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

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