Wood Group Confirms Mad Dog 2 Work
Monday 13 March 2017
Engineering service provider Wood Group has been awarded two contracts on BP's Mad Dog Phase 2 development in the US Gulf of Mexico.
Wood Group confirmed Monday it had been contracted by South Korea's Samsung Heavy Industries to provide engineering and procurement services for the topsides for the development's floating production unit in an $80 million deal.
It also revealed that under its recently signed global services agreement with BP, its specialist technical solutions business had been handed a $4.9 million contract to provide subsea engineering and project management services at Mad Dog.
The work under the BP contract includes gas lift system interface design, geospatial information system support, subsea controls engineering and geotechnical engineering support.
“Wood Group’s strong relationships with BP and Samsung and proven performance in deep-water projects are the foundations of our partnership in continuing deep-water work in the Gulf of Mexico,” Wood Group chief executive Robin Watson said.
“These contracts demonstrate the confidence our key clients have in our teams to meet their specific cost-saving needs while delivering innovative and impartial engineering solutions on time.”
Mad Dog Phase 2 recently entered into the detailed engineering phase and is a southern and south-western extension of the existing Mad Dog field.
The project involves a new floating production facility with the capacity to produce up to 140,000 barrels of oil per day from up to 14 production wells. First oil is currently anticipated in late 2021.
The new platform will be moored roughly six miles south-west of the original Mad Dog platform which has the capacity to produce up to 80,000 bpd of liquids and 60 million cubic feet of gas.
Mad Dog was originally found in 1998 and commenced production in 2005, with appraisal drilling between 2009 and 2011 doubling the resource estimate of the field to more than 4 billion barrels of oil equivalent and spurring the need for the second platform.
BP operates the project with a 60.5% stake, BHP holds 23.9% and US supermajor Chevron has a 15.6% share.