Wood to deliver engineering design for Chevron’s Gulf of Mexico project
- Business & Finance
Oilfield services company Wood is delivering a multimillion-dollar engineering design project for Chevron’s Anchor deepwater development in the Gulf of Mexico.
The scope of the project included the preliminary, front end engineering and design (Pre-FEED), FEED and now entails detailed design of Anchor, a wet tree development that will employ a semi-submersible floating production unit (semi-FPU), Wood said in a statement last week.
According to Wood, this marks the industry’s first deepwater high-pressure development to achieve a final investment decision.
The project will be led by Wood’s engineering teams in Houston, Texas, with the contract awarded under an existing 10-year master services agreement (MSA) with Chevron.
Under the scope of work, Wood is delivering a fully integrated design for the topsides and subsea system, incorporating risers, production flowlines, export pipelines, and flow assurance analysis.
The Anchor discovery is in Block 807 of the Green Canyon Protraction Area, located approximately 225 km off the coast of Louisiana in more than 1,500 m of water. With an operating pressure of 20,000 psi, it’s one of the first ultrahigh-pressure projects in the world. The semi-FPU has a production capacity of 75,000 b/d of oil and 28 MMcf/d of gas, with the potential for future expansion.
Chevron sanctioned the Anchor project in December 2019. The company said at the time that the initial development of the project would require an investment of approximately $5.7 billion. The total potentially recoverable oil-equivalent resources for Anchor are estimated to exceed 440 million barrels.
The contract to build a hull for the Anchor project was awarded to South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) that same month.
Chevron ordered a subsea production and multiphase boosting system for the Anchor field from Schlumberger’s OneSubsea, which will supply vertical monobore production trees and multiphase flowmeters rated up to 20,000 psi.
Offshore Energy Today Staff
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