First Lady dedicates Guyana’s newest FPSO in Singapore

Mrs. Ali is the godmother of the vessel. It is a longstanding maritime tradition to identify a woman to bestow good luck and protection over the vessel and those who sail aboard.

First Lady dedicates Guyana’s newest FPSO in Singapore

Guyana’s First Lady Arya Ali is in Singapore where today she officially dedicated the Prosperity vessel at a naming ceremony.

The Prosperity is the third floating, production, storage, and offloading (FPSO) vessel that will operate in the Stabroek Block offshore Guyana.

Mrs. Ali is the godmother of the vessel. It is a longstanding maritime tradition to identify a woman to bestow good luck and protection over the vessel and those who sail aboard.

“This vessel offers another avenue to prosperity, an opportunity to build a future for our people, a future they deserve. The Prosperity is more than just a symbol of development though; she is a physical manifestation of the hard work and collaborative relationship between the people of Guyana and the collection of companies doing business in our oil and gas sector,” Mrs. Ali said.

ExxonMobil’s Senior Vice President of Deepwater Hunter Farris praised the level of collaboration among multiple companies in several countries that went into making the project a reality. He also highlighted the benefits that will arise from having a third vessel operating offshore Guyana.

“The Prosperity reaffirms ExxonMobil’s commitment to Guyana. A third vessel operating offshore will further contribute to Guyana’s transformation, creating new business and employment opportunities over the life of its operation,” said Mr. Farris.

The Prosperity, which is scheduled to leave Singapore for Guyana before the end of April, will be utilised on the Payara development, which is the third project in the Stabroek Block for the ExxonMobil company.

The Prosperity will have an initial production target of 220,000 barrels of oil per day with an overall storage volume of around two million barrels.

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