Three local fabrication companies have been selected by international deepwater expert, SBM Offshore,to produce fixtures for the ONE GUYANA floating production and offloading (FPSO) vessel, being built by the company to service ExxonMobil’s Yellowtail project.
The companies named were Industrial Fabrications Incorporation (InFab), Guyana Oil and Gas Support Services Incorporated (GOGSSI) and Zeco Group of Services. The selection was announced at a Steel Strike Ceremony which was held on Monday at InFab’s Good Hope, East Coast Demerara facility.
According to SBM’s General Manager, Martin Cheong who spoke at the ceremony, InFab and GOGSSI are no strangers to the local oil and gas service industry, as both companies were awarded contracts in 2021 to construct fixtures for the Prosperity FPSO which is currently on its way to Guyana. Zeco however, is a newcomer among the qualified local service providers.
Cheong highlighted that the opportunity the three companies were given is a reflection of SBM’s Local Content Master plan, which aims to ensure there is increased use of Guyanese businesses to service the industry. He said, “We will continue to expand our initiatives in this regard—engaging and building the capacity of local companies to drive the country’s oil and gas industry, and this is a goal that we are committed to. I commend the companies for their efforts in ensuring that they meet the requirements and standards of the sector—especially as it relates to safety and quality of service.”
ExxonMobil’s President, Alistair Routledge, who was also present at the ceremony noted that “it takes strategy and a whole lot of collaboration to accomplish this. He said too that it is a significant development in local content implementation, which is paramount in providing the benefits of the industry to the people of Guyana. He believes that for there to be an adequate implementation of local content, private companies and business associations must play a fundamental role in steering the process.
The ONE GUYANA FPSO is currently at the Keppel Shipyard in Singapore where its works on the topside construction, installation of the mooring structures and riser balcony are ongoing. Upon completion, it will join the Liza Unity, Liza Destiny, and Prosperity FPSOs, all of which were constructed by the Dutch floater specialist, SBM, for its long-standing client and Guyana’s Stabroek Block operator, ExxonMobil.