Chevron Corp. announced this week it has sanctioned the Anchor project in the U.S. Gulf of Mexico. This marks the industry’s first deepwater high-pressure development to achieve a final investment decision. Delivery of the new technology, which is capable of handling pressures of 20,000 psi, also enables access to other high-pressure resource opportunities across the Gulf of Mexico for Chevron and the industry.
“This decision reinforces Chevron’s commitment to the deepwater asset class,” Jay...
https://www.workboat.com/news/offshore/chevron-sanctions-anchor-project-in-deepwater-gulf-of-mexico/