Worley has been awarded a global contract for early phase engineering services by Chevron USA, through its Chevron Technical Centre division (Chevron), on Feb. 18.
Under the contract, Worley will provide early phase engineering services to Chevron’s global upstream and downstream projects, both onshore and offshore, over a five-year period. The services utilize Worley’s proprietary digital design and optimization tool, SeleXpress. This is in line with Worley’s transformation strategy to leverage automation and the use of digital products and technology platforms to deliver a more sustainable world.
The contract will be executed by Advisian, Worley’s global consulting business, and will be led by the Houston office, supported by the global capability of Worley.
“As a global professional services company, we are pleased that Chevron has selected Advisian to help develop its upstream and downstream capability. This contract continues Worley’s longstanding global relationship with Chevron and supports Worley’s strategic focus on digital transformation and delivering a more sustainable world,” Chris Ashton, CEO of Worley, said.
The deal would create the largest pure-play northern Midland Basin E&P with a 73,000-net-acre position and 12,000 boe/d of production that is expected to more than double through 2020.
The March 20 lease sale in the U.S. Gulf of Mexico brought in $244.3 million in high bids.
Repsol will still hold a 51% stake in the block after the deal.