US-based Genesis Energy has signed an agreement to acquire the offshore Gulf of Mexico pipelines and services business of Enterprise Products Partners for around $1.5bn.
With the new contract, Hyundai will fulfill its obligations to offshore oilfield operator Abu Dhabi Marine Operating under the contract for EPC work of Nasr Full Field Development Project.
Go deeper with GlobalData
According to ABB, the facilities covered by the contract will be powered by a 132kV AC subsea ring cable from Das Island, located 160km west of Abu Dhabi.
ABB Process Automation division president Peter Terwiesch said: "ABB’s extensive experience in offshore oil and gas field electrification ensures high-reliability and minimises lifecycle costs, while trimming the oil fields’ environmental footprint.
"This is another example of an order in line with our next level strategy of business-led collaboration between our automation and power portfolios."
See Also:
Integrating the network of transformers and switchgears, ABB’s power management system enables operators to control the electrical installation safely.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataUnder the contract, ABB will supply 28 bays of compact 132kV GIS for one onshore and two offshore platform installations.
Medium-voltage products will also be provided, including 33kV gas-insulated switchgears, and 11kV and 6.6kV air-insulated switchgears.
In addition, ABB will supply multiple types of transformers, shunt reactors and associated equipment ranging from 500kVA to 100MVA, as well as a telecommunication system to the Al-Nasr super complex for communication and field security.
Key products include computer networks, electronic personnel tracking, a camera system, radar, public address and alarm systems along with access control, telephones, radios and a transmission systems.
ABB’s engineering services and project management team in Norway will carry out the project and ABB facilities in the Czech Republic, Finland, Germany, and Norway will manufacture the equipment.
The solutions are expected to be delivered during the third quarter of 2016.
The Nasr Phase II Full Field Development Project targets to produce 65Kb/d of crude oil through offshore process facilities, wellheads, pipelines and facilities on Das Island.
Image: The facilities covered by the contract will be powered by a 132kV AC subsea ring cable from Das Island. Photo: courtesy of ABB.
