Pre-FEED studies for development of Gendalo and Gehem gas fields as part of Phase 2 of Chevron's Indonesia Deepwater Development are focusing on reducing capex for the 3.0-Tcf project. The initial plan had Chevron installing two large floating production units at Gendalo and Gehem but by 2013 cost had spiraled to about $12 billion. The 2014-2015 price collapse forced a rethink and now the company looks set to go with a subsea production system......
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