Yellowtail development – One Guyana floating production storage and offloading vessel, Guyana – update
Name of the Project
Yellowtail development – One Guyana floating production storage and offloading (FPSO) vessel.
Location
Guyana’s offshore Stabroek block.
Project Owner/s
Oil and gas companies ExxonMobil Guyana and Esso Exploration and Production Guyana Limited (EEPGL).
Project Description
The One Guyana FPSO vessel will develop an estimated resource of more than 900-million barrels of oil.
It is the largest FPSO on the Stabroek block to date, with an initial yearly production of 250 000 bbl/d and a storage capacity of two-million barrels. Oil produced from the FPSO will be marketed as Golden Arrowhead crude.
Potential Job Creation
Not stated.
Capital Expenditure
$10-billion.
Planned Start/End Date
Production started in August 2025.
Latest Developments
Production started at Yellowtail on August 8, development in Guyana’s offshore Stabroek block. The FPSO vessel joins the Destiny, Unity and Prosperity FPSOs.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
ExxonMobil, tel +1 737 272 1452.
EEPGL, tel +592 231 2866 or email guyanastaff@exxonmobil.com.
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