MODEC’s FPSO reaches Guyana as ExxonMobil’s fifth oil project nears start-up

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Japan’s MODEC has announced the arrival of a floating production, storage, and offloading (FPSO) vessel in Guyanese waters ahead of its deployment on a project in the Stabroek block, as the development moves closer to first oil expected later this year.

MODEC’s FPSO Errea Wittu, which was developed for ExxonMobil Guyana, a subsidiary of the U.S.-headquartered oil and gas giant ExxonMobil, has come to Guyana, where it will undergo final offshore preparations and commissioning ahead of first oil from the Stabroek block operator’s fifth project that integrates the development of the Snoek, Mako, and Uaru resources in the South American country on the continent’s northeastern Atlantic coast.

Guyana’s Ministry of Natural Resources, in its announcement from August 21, 2026, welcoming the FPSO’s arrival, discloses the timeline for the unit’s start-up, which is expected to be in September 2026, with first oil from the ExxonMobil-operated Uaru field expected in Q4 2026. MODEC is working closely with its client and local stakeholders to ensure the safe, efficient integration of the vessel into the country’s offshore operations while supporting long-term value creation for the nation and the wider region.

Soichi Ide, Head of MODEC’s Floating Production Solutions Business Unit, highlighted: “This achievement underscores our one-team approach, commitment to excellence, and deep technical expertise developed over decades of offshore operations. It also highlights the strength of global collaboration among MODEC, our partners and the local communities in Guyana.

“From early-stage engineering, procurement, and construction to onshore commissioning and final delivery, every step was made possible through teamwork. Most importantly, it reflects our continued commitment to delivering offshore energy solutions safely, reliably, sustainably, and with industry-leading performance.”

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