Radar · Projects to watch · 05 / 29

FPSO Jaguar — Whiptail development, Stabroek Block

A brand-new deepwater FPSO hull and topsides being built and commissioned from scratch, on the standardised Fast4Ward programme SBM now repeats project after project — steady multi-year demand for FPSO engineering, hook-up/commissioning and offshore installation crews.

Deepwater FPSO · Guyana (Americas) · every fact below is as reported by the linked sources, checked by hand on 2026-10-08.

Size
250,000 bopd oil, 540 MMcfd associated gas treatment, 300,000 bpd water injection; ~2 MMbbl storage
Operator / developer
ExxonMobil (Esso Exploration and Production Guyana Ltd.), operator of Stabroek Block on behalf of the Guyana/ExxonMobil/Hess/CNOOC co-venture
Phase, as reported
integration / installation (FPSO: topsides fabrication nearing completion, all process modules lifted onboard, integration and commissioning progressing — SBM reports >50%-<75% complete at H1 2026; subsea SURF installation underway since July 2026, scheduled through end-2026)
Checked on
2026-10-08

Phase track steps named in the reported phase are marked

  1. FID
  2. Engineering
  3. Fabrication
  4. Construction
  5. Installation
  6. Commissioning

Who builds it as stated by the sources

  • ExxonMobil — operator / field developer
  • SBM Offshore — FPSO design, construction and (lease/operate) contractor for Jaguar, under its Fast4Ward standardised-hull programme

Key dates as stated by the sources

FID or award
Contract awarded/firmed up 2024 (ExxonMobil FID on Whiptail, SBM contract)
Startup target
First production targeted end of 2027 (per Offshore/World Oil reporting, 2026)

Disciplines likely needed our inference

  • topsides/piping engineering
  • E&I supervision
  • hook-up & commissioning
  • marine/offshore installation
  • HSE
  • project controls/planning

Our inference from project kind and phase — not stated by the sources below.

Sources checked on 2026-10-08

  1. SBM Offshore Awarded Contracts for ExxonMobil Guyana's FPSO JaguarSBM Offshore (company newsroom) · published 2024 · retrieved 2026-09-19
  2. SBM Offshore to build FPSO Jaguar for ExxonMobil's Whiptail oil and gas project offshore GuyanaWorld Oil · published 2024-04-18 · retrieved 2026-09-19
  3. Offshore installation begins for Whiptail project's subsea systemBrazil Energy Insight (trade press) · published 2026-07-29 · retrieved 2026-09-19
  4. SBM Offshore Half Year 2026 EarningsSBM Offshore (company newsroom / half-year report PDF) · published 2026-08-06 · retrieved 2026-10-08
  5. Seatrium 1H2026 Results presentation (order book project table)Seatrium Limited (SGX filing) · published 2026-07-31 · retrieved 2026-10-08
  6. ExxonMobil lets SIMOPS management platform for WhiptailOil & Gas Journal · published 2026-08-04 · retrieved 2026-10-08

Position on our globe: 9.50°N 57.00°W. Location approximate: Whiptail is the 6th Stabroek Block development, ~200 km offshore Guyana; exact FPSO mooring point not published in sources checked — coordinate is a Stabroek Block-area estimate.