Guyana welcomes arrival of ONE GUYANA FPSO

Guyana has officially welcomed the arrival of the ONE GUYANA Floating Production, Storage and Offloading (FPSO) vessel, marking a major milestone in the country’s expanding offshore oil industry and broader national development goals.
According to a release, constructed by SBM Offshore, the state-of-the-art vessel is set to support ExxonMobil Guyana’s Yellowtail development in the highly productive Stabroek Block.
The ONE GUYANA FPSO boasts a minimum production capacity of 250,000 barrels of oil per day and storage capacity of approximately two million barrels.
Once fully operational later this year, it will bring the total daily production capacity in the Stabroek Block to an estimated 900,000 barrels.

This is the fourth production vessel to arrive in Guyana, joining the Liza Destiny, Liza Unity, and Prosperity FPSOs. Its arrival is being seen as a testament to growing investor confidence in Guyana’s energy sector and a strong signal of the continued partnership between the Government of Guyana and its co-venturers—ExxonMobil, Hess, and CNOOC.
Minister of Natural Resources, Hon. Vickram Bharrat, hailed the vessel’s arrival as a symbol of national progress.
“The arrival of the ONE GUYANA FPSO is a powerful symbol of progress, not only in oil production but in the continued empowerment of our people through job creation, local business opportunities, and increased revenues that support development across Guyana,” the Minister stated.

The Ministry of Natural Resources reaffirmed its commitment to the transparent and sustainable development of the oil and gas sector, emphasising that the benefits must reach all Guyanese. The government sees the ONE GUYANA FPSO as a key step in leveraging natural resources to fuel long-term growth and prosperity.