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Clarification

June 3, 2015
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Chevron Corp. noted that the Big Foot tension-leg platform in the deepwater Gulf of Mexico was rescheduled to start up late this year and not in 2Q2015 (see Daily GPIJune 2). The platform is being moved to sheltered waters after some of the subsea tendons were damaged during installation. Guidance on a revised timeline is to be provided during a quarterly conference call in July/August, a spokesman told NGI. "In terms of the tendons, we're still assessing the damage at this time and will be undertaking an investigation to determine the exact cause."

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