ExxonMobil Guyana, the local subsidiary of the American energy giant ExxonMobil, has finalized the acquisition of the Floating Production, Storage, and Offloading (FPSO) vessel Prosperity from SBM Offshore, a Dutch specialist in offshore floating systems. The deal was concluded ahead of the vessel's maximum lease term, which was set to expire in November 2025. This acquisition grants ExxonMobil Guyana full ownership of the FPSO. SBM Offshore will continue to manage and maintain the vessel's operations until 2033. The total cash consideration for this transaction amounts to approximately $1.23 billion. SBM Offshore stated that the net proceeds from this sale will be largely allocated to fully repaying the $980 million project financing, thereby reducing the company's net debt. The FPSO Prosperity has been in service since November 2023 and will continue to operate under a joint operational and maintenance agreement between SBM Offshore and ExxonMobil. The vessel commenced production in November of the previous year and possesses a production capacity of around 220,000 barrels per day. It is deployed in the Stabroek Block, where ExxonMobil holds a 45% operating interest. Hess holds a 30% stake, and CNOOC holds the remaining 25% interest.