The ExxonMobil Guyana company today announced the arrival of the ONE GUYANA Floating, Production, Storage and Offloading (FPSO) vessel in Guyanese waters.  The vessel joins the Destiny, Unity and Prosperity FPSOs in the Stabroek Block offshore Guyana.
 
In a statement, the company said ONE GUYANA FPSO will operate in the Yellowtail development, with an initial production capacity of 250,000 barrels per day, and an overall storage volume of around two million barrels. 

It was noted that production from the Yellowtail project is expected to commence later this year following completion of installation and well activities. On completion, Guyana will see its total oil production operations reaching 900,000 barrels per day.
 
According to ExxonMobil Guyana Production Manager Huzefa Ali stated, “the arrival of the ONE GUYANA FPSO symbolizes the unwavering collaboration between our team, the government and our industry partners. We are proud to play a pivotal role in shaping the energy landscape of Guyana while fostering sustainable development and empowering the communities we serve.”

In a separate statement, the Government of Guyana welcomed the arrival of the new FPSO, with Natural Resources Minister, Vickram Bharrat, stating that the arrival of the new production vessel is a powerful symbol of progress, not only in oil production but in the continued empowerment of the people of Guyana through job creation, local business opportunities, and increased revenues that support development across Guyana.

The ExxonMobil company also announced today that it will host a street festival on the 3rd May to celebrate the vessel’s arrival.

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