SBM Offshore, an FPSO specialist, has released a video of the lifting and installation of the first topside module batch for the Prosperity FPSO at the Keppel O&M yard in Singapore.

The FPSO Prosperity, Guyana’s third offshore production unit following the Liza Destiny and Liza Unity, recently left the dry dock in preparation for topside installation work, which has now begun.

The Prosperity FPSO hull arrived in Singapore last year after being built in China. Keppel will install the topside modules and all other major structures in Singapore before sailing to Guyana to be deployed at ExxonMobil’s massive Stabroek Block.

The FPSO is scheduled to be completed in 2024. It will be used to produce oil from the Payara development once it arrives in Guyana. The Liza Destiny and Liza Unity, Guyana’s first two FPSOs, produce oil from the Liza field.

Both fields are located in the productive Stabroek block, where ExxonMobil has made multiple oil discoveries totaling around 10 billion barrels of oil.

Exxon is the operator, with a 45 percent stake in the Stabroek Block. Hess has a 30 percent stake, and CNOOC has a 25 percent stake.

The Liza Unity FPSO design is largely replicated in the Prosperity FPSO. When completed, the FPSO will be capable of producing approximately 220,000 barrels of oil per day and storing approximately 2 million barrels of crude oil.

SBM Offshore will operate the FPSO at the Stabroek Block for up to two years before transferring ownership and operation to ExxonMobil. The first oil will be produced in 2024.

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