Product category:
Oil, Gas, Petrochemical Industry News
News Release from: GE Oil and Gas
Edited by the Processingtalk Editorial
Team on 31 January 2008
StatoilHydro USD300M in high-pressure
compressors
GE Oil and Gas have signed frame agreements with StatoilHydro, a leading global energy group based in Norway, covering high-pressure compression equipment and services, valued at more than USD300M
The contracts cover the delivery of complete gas turbine and electric motor driven compressor sets, compressor revamp bundles, commissioning, capital and operational spares for high-pressure, gas re-injection applications, and services and maintenance activities of new and existing machines In 2005, GE successfully completed tests on the highest-pressure sour gas re-injection train ever built, which is scheduled for installation in the Kashagan oil field of the North Caspian Sea
This article was originally published on Processingtalk on 6 Sep 2007 at 8.00am (UK)
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"Those tests validated the unparalleled capability of our compressors to operate at the ultra-high pressures required for today's most challenging sour gas re-injection applications," noted Claudi Santiago, President and CEO of GE Oil and Gas.
Co-operation between Statoil and GE Oil and Gas stems back to the 1970s with the supply of compressors for the Statfjord platform in the North Sea.
StatoilHydro currently operates several high-pressure, gas re-injection projects where GE high-pressure compression technology could also be utilised.
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Under the new frame agreement, equipment will be manufactured at GE Oil and Gas facilities in Florence and Massa, Italy, which include state-of-the-art full load testing capabilities to replicate on site conditions thus, considerably reducing risks.
Shipments are expected to begin in early 2009, while the first start-ups are anticipated for the 2010-2011 time frame.
The GE compressor sets will operate with discharge pressures in the range of 250 bars and up.
Drivers will include electric motors and gas turbines (10 to 60 MW).
The frame agreement for services will be supported by the GE Oil and Gas Global Services group in Florence, along with service centres in Norway and other global locations.
Services will be provided for all existing and future installations of GE equipment.
GE Oil and Gas is a world leader in compression technology and has currently more than 100 gas turbine drivers in operation on the Norwegian Continental Shelf, primarily with StatoilHydro, and more than 100 compressors with the broadest range of discharge pressures.
StatoilHydro, which is the result of a recently completed merger between Statoil and Norsk Hydro, now is the largest company in Scandinavia, with 31,000 employees in 40 countries.
Major goals for the new company include increased international exploration, project development and recovery on the Norwegian Shelf, as well as strengthened upstream and downstream positions and improved technologies to better address climate issues and alternative energy.
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