ABB to Supply Subsea Equipment for Mutineer-Exeter Project

ABB has been awarded a contract by Santos for eight Subsea Horizontal Trees complete with MS700 Subsea Wellheads and Multiplex Electro Hydraulic Controls for the Mutineer-Exeter Subsea Project that is located in Permit WA-191-P approximately 150 kilometers from Dampier off the coast of Western Australia. Production is planned via the subsea wells to a floating production, storage and offloading system located in approximately 151 meters of water. These trees and controls are long lead items and are being awarded subject to the full project sanction expected later this year with base case production start up planned around mid 2005.

The Trees and Wellheads will be supplied by the ABB Vetco Gray facility in Singapore. ABB Offshore Systems in Nailsea, UK will supply the Production Controls. Prior to shipment, equipment System Integration Testing will be performed at the ABB Vetco Gray 13.5 acre regional headquarters in Singapore.

The trees complete with provisions for dual ESP functions, wellheads and controls are field proven designs packaged to meet the Mutineer Exeter field requirements. They represent part of a "family" of state of the art Horizontal trees and Production Controls which has been developed to give the benefit of standardization over a wide range of industry requirements, while minimizing tooling and improving installation efficiency.

The contract and ongoing project requirements will be supported by ABB Vetco Gray's local service centre in Perth, Western Australia.

The Singapore facility has delivered nine Horizontal tree systems in the Asia Pacific Region since January 2002. Two of these trees were for the Agip Woollybutt field also offshore Western Australia.