GE Clinches EPC Work for Statoil's Snohvit Field
GE Oil & Gas announced Wednesday it has been awarded a $147 million engineering, procurement and construction (EPC) contract by Statoil. Under the contract, GE will supply subsea production and injection equipment for Statoil’s Snøhvit carbon dioxide (CO2) injection project, designed to provide a robust CO2 solution.
The CO2 is naturally present in the reservoir and is produced with natural gas at the field. The CO2 is separated from the gas onshore before it is pumped back to the reservoir via a dedicated pipeline. The new CO2 injection facilities have been designed to accommodate Statoil’s need for additional injection capacity over the lifetime of the field.
For the project, GE will supply the Norwegian company with a subsea system enabling both injection and production wells.
This latest project follows GE’s previously-supplied subsea production system to Statoil for its initial production activities in the Snøhvit field.
Delivery of the equipment is planned to take place during the second quarter of 2015. GE will manufacture the trees at its Aberdeen facility and the control systems at the company’s Nailsea, U.K., facility. Meanwhile, the subsea template and manifold components will be built in Norway. GE will manage the EPC project from its Bristol, UK offices.
GE Oil & Gas Subsea Systems CEO Rod Christie commented in a company statement:
“We are excited to collaborate with Statoil on this initiative to extend production activities at the Snøhvit field. We are committed to helping our customers meet their most difficult technical and logistical challenges in developing new and more mature gas fields, ensuring a more sustainable and environmentally friendly development.”
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