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Home›Business & Finance›ACE Winches secures work on two major Gulf of Mexico projects
Business & Finance

May 28, 2019 · about 7 years ago

ACE Winches secures work on two major Gulf of Mexico projects

Hydraulic winches manufacturer ACE Winches has been awarded two major contracts in the Gulf of Mexico for the use of its linear winch pull-in systems.

3 minutes read
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Hydraulic winches manufacturer ACE Winches has been awarded two major contracts in the Gulf of Mexico for the use of its linear winch pull-in systems.

ACE said on Tuesday that the first contract was awarded by Subsea 7 for Shell’s Vito project, a deepwater discovery in the Gulf of Mexico, some 241 kilometers south of New Orleans.

The contract covers the engineering, project management, manufacture, operational personnel, installation and pull-in of a single 14″ export steel catenary riser (SCR) pipeline, a single 10.75″ export pipeline, two 10.75″ SCR production flowlines, a single 10.75” SCR gas lift flowline, and the dynamic umbilical system in a water depth of 1,260 meters.

The second contract award by Subsea 7 was for BP’s Mad Dog Phase 2 project, a deep-water development in the Southern Green Canyon area of the Gulf of Mexico, 320 kilometers south of New Orleans.

ACE Winches added that the scope of the deal includes engineering, project management, manufacture, operational personnel, installation and pull-in of six catenary and three flexible risers ranging from 8”-16” and four umbilical risers to the hang-off positions on the FPU in a water depth of 1,380 meters.

ACE Winches worked closely with Subsea 7 to deliver a riser installation solution from design through to delivery for both projects.

Alfie Cheyne , CEO of ACE, said: “The Shell Vito and BP Mad Dog Phase 2 projects are major contract awards for ACE Winches, contracts such as these help us sustain and develop our workforce of almost 200 people in Aberdeenshire bringing jobs and significant value to the local economy.”

Shell made the final investment decision (FID) for Vito development in April 2018. The Vito development has an estimated, recoverable resource of 300 million boe. It is currently scheduled to begin producing oil in 2021.

BP discovered the Mad Dog field in 1998 and began production there with its first platform in 2005. The second Mad Dog platform will be moored approximately six miles to the southwest of the existing platform. The current Mad Dog platform can produce up to 80,000 gross barrels of oil and 60 million gross cubic feet of natural gas per day.

Mad Dog Phase 2 will include a new floating production platform with the capacity to produce up to 140,000 gross barrels of crude oil per day from up to 14 production wells. Oil production is expected to begin in late 2021.

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