GE Oil & Gas has entered an agreement with MODEC to supply and service natural gas turbines for floating production, storage and offloading (FPSO) units offshore Brazil.
Under the agreement – one of GE’s largest to date – GE will supply gas turbines for eight Brazil-based FPSOs. GE will also provide maintenance under a 25-year contract for 22 gas turbines on six FPSOs.
The contractual service agreement will include data analytics for advanced monitoring and diagnostics, helping to improve equipment availability and operational efficiency, GE said in a Sept. 6 press statement. When necessary, GE will handle repair work onshore at its base in Petropolis.
“This agreement reinforces GE’s proven leadership in turbomachinery solutions and how uniquely positioned we are to integrate digital capabilities to optimize industrial assets and increase operational efficiency,” said Rogerio Mendonça, president and CEO for GE Oil & Gas in Latin America, in the press release.
MODEC owns and operates FPSOs, and also serves as an engineering, procurement, construction and installation company for the FPSO market.
The MODEC-serviced fleet is composed of LM2500+G4 units, Mendonça told Rigzone in an email statement. The use of the GE gas turbines will allow MODEC to predict maintenance events and, therefore, avoid cost and time disruption due to improper scheduling.
The use of this technology will change the profile of skills that offshore oil and gas workers will need, with more demand for engineering and management profiles, Mendonça commented.
GE Oil & Gas has been pursuing data and analytics technology and tools to enable the oil and gas industry to optimize offshore operations. A number of industries, including oil and gas, are looking to digital technology to gain more value from data and information.
In July, GE announced it would partner with National Oilwell Varco to standardize the FPSO package to drive efficiencies, a move that could drive efficiencies, lower costs, and eliminate scope changes while speeding up the time to first oil production.
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