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OFS - SBM Offshore FPSO starts producing oil at Liza field - January 2020

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SBM Offshore’s Liza Destiny produced first oil on Dec. 20 and is formally on hire. The FPSO is moored 190 km off Guyana at Liza field on the Stabroek block. Liza Destiny was converted from the very large crude carrier Tina and is currently producing from eight wells. Phase 1 calls for a total of 17 development wells and four subsea drill centers tied into the FPSO, and it has a breakeven oil price......
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