STOCK TITAN

FPSO ONE GUYANA producing and on hire

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

SBM Offshore (OTC:SBFFF) has announced that its FPSO ONE GUYANA commenced production and is officially on hire as of August 8, 2025. This vessel represents the company's fourth and largest FPSO operating in Guyana, built using their Fast4Ward® program.

The FPSO features impressive capabilities, including initial production capacity of 250,000 barrels of oil per day, gas treatment capacity of 450 million cubic feet per day, and water injection capacity of 300,000 barrels per day. The vessel can store 2 million barrels of crude oil and operates at a water depth of 1,800 meters.

This marks SBM Offshore's third major unit deployment in 2025, following FPSO Almirante Tamandaré and FPSO Alexandre de Gusmão. Together, these three Fast4Ward® FPSOs increase installed capacity by 655,000 barrels of oil per day.

SBM Offshore (OTC:SBFFF) ha annunciato che la FPSO ONE GUYANA ha iniziato la produzione ed è ufficialmente in noleggio dall'8 agosto 2025. Questa unità rappresenta la quarta e più grande FPSO operativa in Guyana, costruita con il programma Fast4Ward®.

La FPSO offre capacità notevoli, tra cui una capacità produttiva iniziale di 250.000 barili di petrolio al giorno, una capacità di trattamento gas di 450 milioni di piedi cubi al giorno e una capacità di iniezione d'acqua di 300.000 barili al giorno. La nave può stoccare 2 milioni di barili di greggio e opera a una profondità d'acqua di 1.800 metri.

Si tratta della terza importante unità messa in esercizio da SBM Offshore nel 2025, dopo le FPSO Almirante Tamandaré e FPSO Alexandre de Gusmão. Insieme, queste tre FPSO Fast4Ward® aumentano la capacità installata di 655.000 barili di petrolio al giorno.

SBM Offshore (OTC:SBFFF) ha anunciado que la FPSO ONE GUYANA comenzó la producción y está oficialmente alquilada desde el 8 de agosto de 2025. Esta embarcación es la cuarta y más grande FPSO en funcionamiento en Guyana, construida con su programa Fast4Ward®.

La FPSO cuenta con capacidades destacadas, incluyendo una capacidad inicial de producción de 250.000 barriles de petróleo por día, capacidad de tratamiento de gas de 450 millones de pies cúbicos por día y capacidad de inyección de agua de 300.000 barriles por día. La nave puede almacenar 2 millones de barriles de crudo y opera a una profundidad de agua de 1.800 metros.

Este es el tercer despliegue importante de unidades de SBM Offshore en 2025, tras las FPSO Almirante Tamandaré y FPSO Alexandre de Gusmão. Juntas, estas tres FPSO Fast4Ward® incrementan la capacidad instalada en 655.000 barriles de petróleo por día.

SBM Offshore (OTC:SBFFF)FPSO ONE GUYANA가 2025년 8월 8일부터 생산을 시작해 공식적으로 임대 운용에 들어갔다고 발표했습니다. 이 선박은 회사가 Fast4Ward® 프로그램으로 건조한 가이아나에서 운영 중인 네 번째이자 가장 큰 FPSO입니다.

해당 FPSO는 일일 초기가동 생산능력 250,000 배럴, 일일 가스 처리능력 450 million 입방피트(4억 5천만 입방피트), 일일 해수 주입능력 300,000 배럴 등 우수한 성능을 갖추고 있습니다. 원유 저장용량은 200만 배럴이며, 수심 1,800미터에서 운용됩니다.

이는 FPSO Almirante Tamandaré 및 FPSO Alexandre de Gusmão에 이은 2025년 SBM Offshore의 세 번째 주요 유닛 배치입니다. 이 세 대의 Fast4Ward® FPSO가 합쳐 설치 용량을 하루 655,000 배럴 증가시켰습니다.

SBM Offshore (OTC:SBFFF) a annoncé que la FPSO ONE GUYANA a commencé la production et est officiellement en location depuis le 8 août 2025. Ce navire représente la quatrième et plus grande FPSO opérant au Guyana, construite dans le cadre de leur programme Fast4Ward®.

La FPSO dispose de capacités remarquables, notamment une capacité de production initiale de 250 000 barils de pétrole par jour, une capacité de traitement du gaz de 450 millions de pieds cubes par jour et une capacité d'injection d'eau de 300 000 barils par jour. Le navire peut stocker 2 millions de barils de brut et opère à une profondeur d'eau de 1 800 mètres.

Cela marque le troisième déploiement majeur d'unités par SBM Offshore en 2025, après les FPSO Almirante Tamandaré et FPSO Alexandre de Gusmão. Ensemble, ces trois FPSO Fast4Ward® augmentent la capacité installée de 655 000 barils de pétrole par jour.

SBM Offshore (OTC:SBFFF) hat bekanntgegeben, dass die FPSO ONE GUYANA die Produktion aufgenommen hat und seit dem 8. August 2025 offiziell im Einsatz ist. Dieses Schiff ist die vierte und größte in Guyana betriebene FPSO des Unternehmens und wurde im Rahmen ihres Fast4Ward®-Programms gebaut.

Die FPSO bietet beeindruckende Kapazitäten, darunter eine anfängliche Produktionskapazität von 250.000 Barrel Öl pro Tag, eine Gasbehandlungsleistung von 450 Millionen Kubikfuß pro Tag und eine Wasserinjektionskapazität von 300.000 Barrel pro Tag. Das Schiff kann 2 Millionen Barrel Rohöl speichern und operiert in einer Wassertiefe von 1.800 Metern.

Dies ist die dritte große Einheit, die SBM Offshore im Jahr 2025 einsetzt, nach der FPSO Almirante Tamandaré und der FPSO Alexandre de Gusmão. Zusammen erhöhen diese drei Fast4Ward®-FPSOs die installierte Kapazität um 655.000 Barrel Öl pro Tag.

Positive
  • Fourth and largest FPSO deployment in Guyana demonstrates market leadership
  • 250,000 barrels per day production capacity adds significant revenue potential
  • Third successful FPSO deployment in 2025 shows strong operational execution
  • Combined new capacity of 655,000 barrels per day from three 2025 deployments
  • Builds on proven track record of excellent operational performance in Guyana
Negative
  • Significant capital investment and operational costs associated with large-scale FPSO deployment
  • Exposure to single-region concentration risk in Guyana
  • Potential environmental and regulatory risks associated with deepwater operations

Amsterdam, August 8, 2025

SBM Offshore announces that FPSO ONE GUYANA produced first oil on August 8, 2025 and is formally on hire.

FPSO ONE GUYANA is based on SBM Offshore’s industry leading Fast4Ward® program that incorporates a new build, multi-purpose hull combined with standardized topside modules. FPSO ONE GUYANA is the fourth and largest FPSO that SBM Offshore operates in Guyana and builds on the excellent operational performance of FPSOs Liza Destiny, Liza Unity and Prosperity.

The FPSO is designed to initially produce an annual average of 250,000 barrels of oil per day, with associated gas treatment capacity of 450 million cubic feet per day and water injection capacity of 300,000 barrels per day. The FPSO is spread moored in water depth of about 1,800 meters and can store 2 million barrels of crude oil.

The FPSO is part of the Yellowtail development which is the fourth development within the Stabroek block, circa 200 kilometers offshore Guyana. ExxonMobil Guyana Limited, an affiliate of Exxon Mobil Corporation, is the operator and holds a 45 percent interest in the Stabroek block, while Hess Guyana Exploration Ltd and CNOOC Petroleum Guyana Limited, a wholly owned subsidiary of CNOOC Limited, hold a 30 percent interest and a 25 percent interest, respectively.

FPSO ONE GUYANA is the Company’s third major unit brought into operation in 2025, following the first oil of FPSO Almirante Tamandaré, which is on hire since February 16, 2025 and FPSO Alexandre de Gusmão, which is on hire since May 24, 2025. Collectively, these three Fast4Ward® FPSOs increase installed capacity by 655,000 barrels of oil per day.


Corporate Profile

SBM Offshore is the world’s deepwater ocean-infrastructure expert. Through the design, construction, installation, and operation of offshore floating facilities, we play a pivotal role in a just transition. By advancing our core, we deliver cleaner, more efficient energy production. By pioneering more, we unlock new markets within the blue economy. 
More than 7,800 SBMers collaborate worldwide to deliver innovative solutions as a responsible partner towards a sustainable future, balancing ocean protection with progress.
For further information, please visit our website at www.sbmoffshore.com.

Financial Calendar  DateYear
Third Quarter 2025 Trading Update November 132025
Full Year 2025 Earnings February 262026
Annual General Meeting April 152026
First Quarter 2026 Trading Update May 72026
Half Year 2026 Earnings August 62026

For further information, please contact:

Investor Relations

Wouter Holties
Corporate Finance & Investor Relations Manager

Phone:+31 (0)20 236 32 36
E-mail:wouter.holties@sbmoffshore.com
Website:www.sbmoffshore.com

Media Relations

Giampaolo Arghittu
Head of External Relations

Phone:+31 (0)6 212 62 333 / +39 33 494 79 584
E-mail:giampaolo.arghittu@sbmoffshore.com
Website:www.sbmoffshore.com

Market Abuse Regulation

This press release may contain inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.

Disclaimer

Some of the statements contained in this release that are not historical facts are statements of future expectations and other forward-looking statements based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those in such statements. These statements may be identified by words such as ‘expect’, ‘should’, ‘could’, ‘shall’ and / or similar expressions. Such forward-looking statements are subject to various risks and uncertainties. The principal risks which could affect the future operations of SBM Offshore N.V. are described in the ‘Impacts, Risks and Opportunities’ section of the 2024 Annual Report.

Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results and performance of the Company’s business may vary materially and adversely from the forward-looking statements described in this release. SBM Offshore does not intend and does not assume any obligation to update any industry information or forward-looking statements set forth in this release to reflect new information, subsequent events or otherwise.

This release contains certain alternative performance measures (APMs) as defined by the ESMA guidelines which are not defined under IFRS. Further information on these APMs is included in the 2024 Annual Report, available on our website Annual Reports - SBM Offshore.

Nothing in this release shall be deemed an offer to sell, or a solicitation of an offer to buy, any securities. The companies in which SBM Offshore N.V. directly and indirectly owns investments are separate legal entities. In this release “SBM Offshore” and “SBM” are sometimes used for convenience where references are made to SBM Offshore N.V. and its subsidiaries in general. These expressions are also used where no useful purpose is served by identifying the particular company or companies.

"SBM Offshore®", the SBM logomark, “Fast4Ward®”, “emissionZERO®” and “F4W®” are proprietary marks owned by SBM Offshore.

Attachment


FAQ

What is the production capacity of FPSO ONE GUYANA?

FPSO ONE GUYANA has an initial production capacity of 250,000 barrels of oil per day, with gas treatment capacity of 450 million cubic feet per day and water injection capacity of 300,000 barrels per day.

How many FPSOs does SBM Offshore now operate in Guyana?

SBM Offshore now operates four FPSOs in Guyana: FPSO ONE GUYANA, Liza Destiny, Liza Unity, and Prosperity.

What is the storage capacity of FPSO ONE GUYANA?

FPSO ONE GUYANA can store 2 million barrels of crude oil and operates in water depth of about 1,800 meters.

How many major FPSO units has SBM Offshore deployed in 2025?

SBM Offshore has deployed three major FPSO units in 2025: FPSO ONE GUYANA, FPSO Almirante Tamandaré, and FPSO Alexandre de Gusmão, collectively adding 655,000 barrels per day of installed capacity.

Who are the partners in the Stabroek block where FPSO ONE GUYANA operates?

The Stabroek block is operated by ExxonMobil Guyana Limited (45% interest), with partners Hess Guyana Exploration Ltd (30%) and CNOOC Petroleum Guyana Limited (25%).
Sbm Offshore

OTC:SBFFF

SBFFF Rankings

SBFFF Latest News

SBFFF Stock Data

4.48B
132.00M
24.13%
43.17%
Oil & Gas Equipment & Services
Energy
Link
Netherlands
Schiphol