![Wood Wins Trion Topsides Engineering Work](/sites/default/files/styles/hart_news_article_image_640/public/image/2024/01/wood-wins-trion-topsides-engineering-work.jpg?itok=-zED4JAg)
The Trion floating production unit will be located in about 2,500 m water depth in the Mexican sector of the Gulf of Mexico. (Source: Wood)
Wood will handle the detailed engineering for the topsides for Woodside Energy’s Trion semisubmersible destined for Mexican waters in the Gulf of Mexico (GoM), Wood announced Jan. 8.
Wood won the topsides detailed engineering contract from HD Hyundai Heavy Industries. HD Hyundai Heavy Industries is the engineering, procurement and construction provider for the floating production unit (FPU). Wood's latest award follows the delivery of the Trion pre-FEED and FEED design.
The FPU will be able to produce 100,000 bbl/d and connect to a floating storage and offloading unit with a capacity of nearly 1 MMbbl.
The greenfield development is in 2,500 m water depth.
Wood’s teams in Houston and Bogota will deliver the detailed topsides design work for the FPU project over the next three years. In the last decade, Wood has designed more than 50% of topside facilities in the GoM today, the company said.
Woodside sanctioned the $7.2 billion Trion project in June 2023, with production expected to begin in 2028. Pemex discovered the field in 2012 and five years later, Pemex and BHP Petroleum agreed to jointly develop the reserves. Woodside took over the project when it purchased BHP in June 2022.
Woodside operates the Trion project with 60% interest on behalf of partner Pemex, which holds the remaining 40% interest.
Recommended Reading
Baytex Energy Joins Eagle Ford Shale’s Refrac Rally
2024-07-26 - Canadian operator Baytex Energy joins a growing number of E&Ps touting refrac projects in the Eagle Ford Shale.
US Rig Count Makes Biggest Monthly Jump Since November 2022
2024-07-26 - The oil and gas rig count, an early indicator of future output, rose by three to 589 in the week to July 26.
Private Equity Looks for Minerals Exit
2024-07-26 - Private equity firms have become adroit at finding the best mineral and royalties acreage; the trick is to get public markets to pay more attention.
BP and NGC Sign E&P Deal for Offshore Venezuelan Cocuina Field
2024-07-26 - BP and NGC signed a 20-year agreement to develop Venezuela’s Cocuina offshore gas field, part of the Manakin-Cocuina cross border maritime field between Venezuela and Trinidad and Tobago.
Nabors’ High-spec Rigs Help Keep Lower 48 Revenue Stable in 2Q
2024-07-25 - Nabors’ second quarter EBITDA was down 1% quarter-over-quarter but the company sees signs of increased drilling activity in international markets the second half of the year.