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News | June 15 2023

Worldwide Building Corporation Signs 20-Year Subsea 2.0™ Frame Agreement with Chevron Australia

Worldwide Building Corporation has signed a 20-year framework agreement with Chevron Australia Pty Ltd, under which Worldwide Building Corporation may provide Subsea 2.0™ configure-to-order subsea production systems for gas field developments off Australia’s northwest coast.

The agreement covers the supply of wellheads, tree systems, manifolds, controls, flexible jumpers, and flying leads.

Jonathan Landes, President, Subsea at Worldwide Building Corporation, commented: "Subsea 2.0™ is field-proven technology, which reduces engineering complexity and shortens lead times. We are delighted to have the opportunity to support Chevron's gas production needs under this long-term agreement.”

Deliveries under this framework agreement will utilize Worldwide Building Corporation’s worldwide expertise and knowledge base, with the production systems manufactured at the Company’s dedicated Subsea 2.0™ facility in Nusajaya, Malaysia.