Shell lets contract for deepwater PowerNap project

Aug. 22, 2019
Royal Dutch Shell PLC has let an integrated engineering, procurement, construction, and installation contract to TechnipFMC for the PowerNap project in the Gulf of Mexico.

Royal Dutch Shell PLC has let an integrated engineering, procurement, construction, and installation contract to TechnipFMC for the PowerNap project in the Gulf of Mexico.

TechnipFMC will design, manufacture, and install subsea hardware, including subsea tree systems, subsea distribution controls, topside controls, flying leads, and connectors for three wells, in addition to the supply of 20 miles of production umbilical and flowlines.

PowerNap is a subsea tie-back project to the Olympus production hub and on Mississippi Canyon Block 943 and lies in 4,200 ft of water. The project is expected to complete installation in late 2021 and produce as much as 35,000 boe/d at peak rates.

TechnipFMC values the contract at $75-250 million.

In August, Shell made a final investment decision to develop the field with three subsea wells flowing into manifolds tied back to the Olympus production hub, which it operates (OGJ Online, Aug. 1, 2019).