Chevron orders Anchor hull from South Korea’s DSME

U.S. oil major Chevron has awarded a contract to build a hull for the Anchor project in the U.S. Gulf of Mexico to South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME).

Anchor platform concept; Source: Chevron

DSME will build the hull for the semi-submersible floating production unit for Chevron’s Anchor project. The contract award meant the end of a five-year drought in offshore platform orders for the yard.

Chevron sanctioned the deepwater Anchor project last week, marking the industry’s first deepwater high-pressure development to achieve the FID.

The Anchor field is located in the Green Canyon area, approximately 140 miles (225 km) off the coast of Louisiana, in water depths of approximately 5,000 feet.

It will be developed with seven subsea wells connected to a semi-submersible floating production unit (FPU) with a capacity of 75,000 barrels of crude oil and 28 million cubic feet of gas per day. The first oil is expected in 2024.

The initial development of the project will 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 project will include the delivery of a new technology, which is capable of handling pressures of 20,000 psi.

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.

Chevron is the operator of the Anchor discovery with a 62.86% interest and Total is its partner with a working interest of 37.14%

Offshore Energy Today Staff


Spotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email.

Also, if you’re interested in showcasing your company, product or technology on Offshore Energy Today, please contact us via our advertising form where you can also see our media kit.

Share this article

Follow Offshore Energy Today

Events>

<< Jan 2020 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

Africa Oil Week 2020

For over 25 years Africa Oil Week has been the meeting place for Africa’s most senior E&P stakeholders.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

2020 EXPLORATION AND PRODUCTION STANDARDS CONFERENCE ON OILFIELD EQUIPMENT AND MATERIALS

The development of consensus standards is one of API’s oldest and most successful programs.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply