Overview

• The FPSO One Guyana vessel began oil production on August 9, delivering about 250,000 barrels per day with a two-million-barrel storage capacity.
• The new start-up raises Guyana’s installed offshore output above 900,000 barrels per day as the block’s fourth FPSO went online.
• ExxonMobil achieved the Yellowtail development’s start-up four months ahead of schedule and under budget, extending its rapid multi-FPSO rollout.
• Crude from the vessel will be marketed as Golden Arrowhead and partner composition shifted after Chevron closed its Hess acquisition in July.
• The project has engaged over 2,000 local businesses and exceeded 67% Guyanese workforce participation.