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

13th May 2022 By: Sheila Barradas - Creamer Media Research Coordinator & Senior Deputy Editor

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

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.