Wood will deliver a multimillion-dollar engineering design project for Chevron’s Anchor deepwater development in the Gulf of Mexico, the company said on Feb. 27.

The scope of the project includes Pre-FEED, FEED and now entails detailed design of Anchor, a wet tree development that will employ a semisubmersible floating production unit (semi-FPU). 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 will deliver a unique, fully integrated design for the topsides and subsea system, incorporating risers, production flowlines, export pipelines, and flow assurance analysis.

“With over 30 years of experience designing deepwater developments, we are committed to supporting the Anchor project and the key role it plays in exploring oil and gas from the deepwater Gulf of Mexico. We are proud to play a part in this milestone U.S. project, which signals a renewed confidence in the region,” Stephanie Cox, CEO of Wood’s Asset Solutions Americas business, said.

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 barrels per day of oil and 28 million cubic feet per day of gas, with the potential for future expansion.

Offshore