📋 Tender Overview
ExxonMobil is gearing up to drill as many as 30 wells at its latest project in Guyana, The Hammerhead project is projected to yield a daily output of 120,000–180,000 barrels (bbl) of crude oil, less than the 250,000bbl produced by the country’s largest vessels.
Exxon has disclosed that the planned vessel for the project will have a storage capacity ranging from 1.4mbbl to 2mbbl of oil.
The initiative, which awaits the green light from the government, is expected to commence production in 2029 and could boost the nation’s oil output to more than 1.4 million barrels of oil per day (mbbl/d).
The project will include a floating production unit, converted from a Very Large Crude Carrier (VLCC), capable of storing 1.4 to 2 MMboe. This unit will be located 15 km (9 miles) southwest of Exxon's Liza Destiny vessel.
