Founded in 2001, Kiewit Offshore Services, a subsidiary of Kiewit Corporation, was created to pursue opportunities within the offshore fabrication market. with Chevron in July, has a contract to provide engineering and qualification for subsea equipment on the field. The Perdido oil and gas project commenced production in 2010. There was one floater award in 2019 compared with three in 2018, with Chevron moving forward with its Anchor semi in the US Gulf of Mexico. Project Gallery. Wood is delivering a multimillion-dollar engineering design project for Chevron’s Anchor deepwater development in the Gulf of Mexico. The Anchor project is designed to produce up to 75,000 barrels of crude oil and 28 million cubic feet of natural gas per day. “We’re doing this by standardizing equipment, utilizing fit-for-purpose surface facilities that require less capital and employing drill to fill strategies. The project infrastructure covers an area nearly as wide as the state of Rhode Island. It's also seen the first contract award for technology capable of handling pressures of 20,000 pounds per square inch (psi), according to Schlumberger, which has been awarded a contract on the project. The Anchor green light, Chevron’s first greenfield FID as an operator since Big Foot and Jack/St Malo in 2010, “. The field is operated by Chevron, which owns a 58% working interest, on behalf of Statoil (25%) and Total(17%). Toggle navigation. overview. © Energy Voice 2021. An engine of America’s energy resurgence is delivering transformational growth for us. Chevron Hits Go on Anchor Dec 12, 2019 US supermajor Chevron announced Thursday it will move ahead with the high-profile Anchor project in the U.S. Gulf of Mexico, targeting first oil production in 2024.The $5.7 billion deepwater project is the first ultra-high pressure development to reach a final investment decision (FID), Chevron said. The total potentially recoverable oil-equivalent resources for Anchor are estimated to exceed 440 million barrels. The $5.7 billion deepwater project is the first ultra-high pressure development to reach a … Earlier this week, Chevron listed the Gulf of Mexico as its third-highest funding priority heading into 2020 after West Texas’ booming Permian Basin and the big Tengiz oilfield in Kazakhstan. Chevron has contracted Wood to deliver engineering design for its Anchor deepwater development in the Gulf of Mexico. Chevron subsidiary Chevron U.S.A. Inc. is the operator of the Anchor Prospect, with a 55 percent working interest. The high-pressure technology is expected to open up other avenues of growth within the Gulf, Chevron said. At Anchor, we streamlined our front-end engineering and design (FEED) phase and are utilizing more industry standards in our designs and equipment to lower costs while maintaining operational excellence,” Green said. Anchor, which has an operating pressure of 20-ksi, would be the first ultra-high-pressure project in … Industry had expected Chevron to take a final investment decision on Anchor this year, but Johnson said that is now slated for early next year. Design work for the Anchor project began in 2017, according to World Energy Reports. The company has established itself as one of the leading fabrication contractors in the oil and gas industry with a reputation for delivering large offshore projects. The Anchor field, located on Green Canyon block 807, about 225 kilometers off the coast of Louisiana, sits in approximately 1,524 meters water depth and is believed to hold more than 440 million barrels of potentially recoverable oil-equivalent resources. Kiewit’s vision is to employ cutting-edge software technologies to improve how information is created and shared among stakeholders throughout the project lifecycle. Every project starts with challenge. Houston, … The Phase-I development cost $2.7bn to Chevron. Covering the latest oil and gas news including shale, lng, drilling, exploration and production. Chevron Corp.’s Tigris and Anchor platforms will operate in 4,000-5,000 ft of water about 140 miles offshore Louisiana in the Gulf of Mexico. Chevron Corporation is one of the world’s leading integrated energy companies. This liquefied natural gas plant is one of the largest energy projects on the African continent. May 2016 – Present 4 years 5 months. back to main menu. Kiewit has become a trusted partner with Saint Anthony Central Hospital, one of the largest acute care hospitals in the Denver area. Industry produces ultra-deepwater wells typically at a limit of 15,000 pounds per square inch (psi) of pressure, but Anchor and a few other US Gulf discoveries are at the 20,000 psi level. The leading global oil, gas and energy news resource. 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