On November 14, Shanghai Waigaoqiao Shipbuilding Co., Ltd, (SWS) a subsidiary of China State Shipbuilding Corporation (CSSC), delivered hull of Jaguar, the world’s fifth unique 2.3 million barrels Fast4Ward Floating Production Storage and Offloading (FPSO) unit built for Netherlands-based SBM Offshore, which will work on U.S.-based ExxonMobil’s sixth deepwater oil development on the Stabroek block off the coast of Guyana..
So far, SWS has delivered 22 vessels in a year, completing the annual vessel delivery target one and a half months ahead of schedule.
The FPSO Jaguar follows SBM’s original “universal” hull design concept and is based on an FPSO hull with a storage capacity of 2.3 million barrels of crude oil.It has an overall length of 333 meters, a beam of 60 meters, a deck area equivalent to three standard soccer fields, a depth of 33 meters and a displacement of 460,000 tons.
The FPSO is designed and equipped with a multi-point mooring system, which can meet the marine environmental conditions in West Africa, South America and other regions, and is suitable for oil and gas development operations in a number of seas around the world.
SWS has delivered five Fast4Ward FPSOs to SBM, with the previous four delivered in 2019, 2020, 2022 and 2023 respectively. The FPSO Jaguar commenced construction in April 2023.
It is worth mentioning that with the delivery of this FPSO, SWS has completed and delivered 579 ships and offshore platforms with a total deadweight tonnage of 125.87 million tons in the 25 years since its establishment, becoming the first shipyard in China to exceed the 100 million deadweight tonnage mark in terms of total completed capacity.
SBM Offshore highlights that the event marks “a significant step forward” in local content development and industrial collaboration for ExxonMobil’s Whiptail oil development, which is the U.S. player’s sixth project in Guyana’s Stabroek block.