Guyana Announces Arrival of First Oil Production Vessel

GEORGETOWN, Guyana, CMC – Guyana’s first oil production vessel – the Lisa Destiny has arrived in the country.

Director of the Department of Energy, Dr. Mark Bynoe said this is a historic occasion for the Co-operative Republic of Guyana and all Guyanese.

“The FPSO’s (Floating, Production, Storage and Offloading) vessel’s arrival means that we are no more just talking about first oil. First oil is on the horizon. The Liza Destiny’s arrival means that our timetable has moved forward and, as a policy-related body, we are also called upon to advance our timetable,” Bynoe said.

The FPSO vessel journeyed for 42 days and nearly 11,000 miles from the Keppel Shipyard in Singapore.

The vessel took off on its journey after First Lady, Sandra Granger was named the ‘godmother’ of the vessel, at a ceremony hosted in June 2019 in Singapore.

The Director of Energy said the Liza Destiny’s arrival should engender a new spirit of nationalism, pride and expectation.

“As Guyanese, we should begin to recognise that it is a vessel that will be paid for by Guyanese, pumping Guyanese fuel which will be bringing in revenue for Guyanese to help our country to ultimately be transformed positively from an economic development perspective. It is imperative that as Guyanese we begin to appreciate that the direct and the indirect benefits that emanate from this sector goes far beyond anything that we have seen thus far,” Bynoe said.

After clearing customs, the vessel will be connected to the spread mooring before hook-up and installation begins in preparation for production, storage and offloading of Guyana’s oil.

The Liza Destiny FPSO was converted from oil tanker, “Tina”, a 1999 Very Large Crude Carrier (VLCC). The conversion included upgrading of the hull and integration of 14 topside processing modules, totalling 16,000 metric tonnes, ExxonMobil Guyana said.

This FPSO is a significant component of the Liza Phase 1 development which involves four under sea drill centres with 17 production wells. It has a production capacity of 120,000 barrels of oil per day and an overall storage volume of 1.6 million barrels.

During normal operations, there will be at least 80 persons living and working onboard the vessel.

ExxonMobil Guyana remains on target for first oil by early 2020.

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