Latest update July 6th, 2026 12:35 AM
Oct 10, 2025 News
(Kaieteur News) – A fifth Floating Production Storage and Offloading vessel (FPSO) is expected to arrive in the second half of 2026 to support the Uaru project, ExxonMobil’s fifth deepwater development in the Stabroek Block.
The announcement was made last week by Vice President and Production Manager of ExxonMobil Guyana Limited (EMGL), Huzefa Ali at an event hosted by the Georgetown Chamber of Commerce and Industry (GCCI).
During his address, Ali provided an update on ongoing projects and planned developments for the lucrative oil block.
With the company’s fourth project, Yellowtail, already on stream, all attention has been turned to the next in line, Uaru. The project will be operated by the Errea Wittu FPSO, being constructed by Japanese shipbuilder, MODEC.
The VP said, “To remind you all in terms of what’s ahead of us, that Uaru Project, which is project number five, is well on its way with a projected arrival into country in the second half of next year.”
ExxonMobil received government approval for the US$12.7B project in April, 2023.
The Errea Wittu FPSO was designed to process approximately 250,000 barrels of oil per day (bpd), it also has the capacity for gas treatment (540 million cubic feet per day), water injection (350,000 barrels per day), and handling produced water (300,000 barrels per day). It will be deployed approximately 200 kilometers offshore Guyana, at a water depth of 1690 meters and it will be able to store around 2 million barrels of crude oil.
Errea Wittu means ‘abundance’ in the Warrau language. Construction of the vessel officially commenced in November 2023, with the first steel cutting ceremony for the vessel’s topside modules in Singapore, followed by a similar milestone in China.
In the meantime, ExxonMobil is also making preparations for its sixth development, Whiptail, which is already sanctioned by the government of Guyana (GoG). According to the Production Manager, that project is on target for startup which is anticipated in 2027.
Ali expressed gratitude to the GoG for its support as he pointed to the recent approval of the company’s seventh project, Hammerhead. “We are thankful the support of the government and for the country of Guyana. We recently completed or received approvals for the Hammerhead environmental permit and production license and with those milestones earlier this month, we’re well on our way also to progress that for startup in 2029,” the Production Manager noted.
To date, ExxonMobil has made 46 discoveries in the 6.6 million acres block, as pointed out by Finance Minister, Dr. Ashni Singh in his 2025 Budget presentation. In 2024, some five new discoveries were announced by the oil company.
By 2030, Exxon expects to have total production capacity of 1.7 million oil equivalent barrels per day from eight developments.
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