Case Study: Chevron achieves first deepwater ultra-high pressure final investment decision with Wood's digital cloud-based delivery model

Anchor is the industry’s first deepwater ultra-high pressure development to achieve a final investment decision and one of the largest projects in the US energy industry

Chevron required an economically viable facility design for its Anchor deepwater ultra-high pressure development in the Gulf of Mexico. As a long-term strategic contractor, Wood was challenged to deliver a fully integrated engineering design and leverage new methods for future similar projects.

Wood executed the project using a fully digital, cloud-based, and data-driven engineering delivery model. This approach reduced engineering manhours by 20% and enabled a seamless transition to remote work during the pandemic. The solution designed by Wood helped pave the way for future global ultra-high pressure developments.

Chevron