Genesis has been awarded a pre-FEED contract from BHP for preliminary design of a semisubmersible FPU for the Trion development in the Mexican waters of the Gulf of Mexico on April 7.
BHP and partner Pemex have made three awards for this competitive pre-FEED phase which includes design of the topsides, hull, mooring and risers.
The team in Houston shall execute all pre-FEED work. The design effort is shared with subcontractor Exmar Offshore Co. who will supply their field proven opti-hull design as part of the scope. Genesis and other parts of the TechnipFMC offshore global teams will contribute with their delivery expertise.
This is a key project for both Pemex and BHP. The work continues Genesis’ relationship with BHP, from the ongoing Ruby project and will build on Genesis’ Mexican experience with the Hokchi development.
“We are very proud to be awarded this contract which recognizes our strong offshore capability and commitment to the Mexico market,” John Cambridge, managing director at Genesis, said.
Recommended Reading
Helix Secures Multi-year GoM Contract with Shell Offshore
2024-09-04 - Under the contract, to begin in 2025, Helix Energy Solutions will provide well intervention services for Shell Offshore in the U.S. Gulf of Mexico.
Murphy Oil Names New CEO, Adds Two Directors to Board
2024-10-06 - Murphy Oil’s current COO Eric M. Hambly has been appointed to CEO and president, succeeding Roger W. Jenkins. The board also added Hambly and Robert B. Tudor III as new directors.
BP Profit Falls On Weak Oil Prices, May Slow Share Buybacks
2024-10-30 - Despite a drop in profit due to weak oil prices, BP reported strong results from its U.S. shale segment and new momentum in the Gulf of Mexico.
Woodside Reports Record Q3 Production, Narrows Guidance for 2024
2024-10-17 - Australia’s Woodside Energy reported record production of 577,000 boe/d in the third quarter of 2024, an 18% increase due to the start of the Sangomar project offshore Senegal. The Aussie company has narrowed its production guidance for 2024 as a result.
Aethon, Murphy Refinance Debt as Fed Slashes Interest Rates
2024-09-20 - The E&Ps expect to issue new notes toward redeeming a combined $1.6 billion of existing debt, while the debt-pricing guide—the Fed funds rate—was cut on Sept. 18 from 5.5% to 5%.