SBM Offshore
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The new technology, recently highlighted at OTC, has received a statement of maturity from ABS.
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The companies say they plan to use AI to unlock value from terabytes of data upstream and across FPSO operations.
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MODEC will supply the FPSO that will host up to 18 wells in the initial phase of development.
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Updates about global exploration and production activities and developments.
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Contractor will moor the production semisub in the Keathley Canyon area of the US Gulf of Mexico.
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The agreement aims to bring the efforts of both companies together to advance digital-enabled carbon-free floating power generation.
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A newbuild Fast4Ward hull will be used as part of the Block 58 development set for FID prior to year-end.
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The largest project to date will add a capacity of 250,000 B/D starting in 2025.
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SBM will supply the FPSO and TechnipFMC will supply more than 50 subsea trees and a dozen manifolds for the project offshore Guyana.
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As construction continues, SBM Offshore secured the $1.14 billion needed to finance work on the vessel. Liza Unity is scheduled for deployment at ExxonMobil's Liza Phase 2 development offshore Guyana.
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