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Chariot Awards FEED Contract for Anchois Project
Chariot Awards FEED Contract for Anchois Project.
About this update from Chariot Limited
[{"type":"text","content":"\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n 20 June 2022\n \n \n Chariot Limited\n \n \n (\"Chariot\" or the \"Company\")\n \n \n \n \n \n \n \n \n Chariot Awards Front-End Engineering and Design Contract\nfor the Development of\n Anchois Gas Project\n \n \n \n \n \n \n \n \n \n \n Fast-tracking gas development offshore Morocco\n \n \n \n \n \n \n \n \n Chariot (AIM: CHAR), the African focused transitional energy company, is pleased to announce that it has signed a front-end engineering and design (\"FEED\") agreement (\"Agreement\") with Schlumberger and Subsea 7, as part of a consortium, for the Anchois gas development project in Morocco. Chariot, Schlumberger, and Subsea 7 will continue to adopt a \"one-team\" integrated and collaborative approach to safely fast-track first gas to maximise the return on investment.\n \n \n \n \n \n The scope of the Agreement covers:\n \n \n •\n Front-end engineering support and design work for the Anchois gas development, incorporating:\n \n \n o \n offshore components including well completions, subsea production systems (\"SPS\"), and subsea umbilicals, risers, and flowlines (\"SURF\") that will be delivered by Subsea Integration Alliance, and\n \n \n o \n onshore components including a central processing facility (\"CPF\") and flowlines and controls from the CPF to the shore crossing that will be delivered by Schlumberger.\n \n \n •\n Generation of deliverables, such as engineering, procurement, construction, installation, and commissioning (\"EPCIC\") costs and schedules, required prior to final investment decisions (\"FID\").\n \n \n •\n Opportunity for Chariot to directly-source EPCIC services with Schlumberger and Subsea 7 for the field development and operations and maintenance (\"O&M\") of the facilities during commissioning and the early production phase.\n \n \n •\n Commitment to environmental, social, and governance (\"ESG\"), minimising emissions and contributing to social development through the creation of direct and indirect jobs in Morocco.\n \n \n \n \n \n Beyond this Agreement, Chariot is managing the additional FEED scopes required for the development, including well construction and onshore infrastructure, including fixed pipelines, to deliver gas to customers.\n \n \n \n \n \n \n Olivier Blarin...