GE Oil & Gas has signed an agreement to provide wellhead equipment and associated services to Statoil.
Under the four-year framework agreement, GE Oil & Gas will provide its DWHC MS-700 SFX and MS-800 SFX wellhead systems to Statoil.
Go deeper with GlobalData
The agreement has the option for two two-year extensions.
Designed to be a holistic solution, the wellhead systems will address fatigue, while enhancing operating life based on field-proven solutions.
According to GE, its standardised fatigue-resistant solution (SFX) wellhead systems will allow operations in regions with in harsh environments and have been designed to directly address concerns about fatigue in the subsea sector.
GE Oil & Gas Subsea Systems CEO Rod Christie said: "We are delighted to be teaming up with Statoil on this agreement, which further strengthens our relationship.
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 GlobalData"With offshore operations moving into more extreme environments, the need for more cost-efficient and optimised solutions is paramount."
According to GE, the RP adopted for use in the agreement contains requirements for qualification and manufacturing, as well as testing of steel forgings.
SFX is expected to provide repeatable quality while reducing lead-time.
GE Oil & Gas will build the equipment in the company’s facilities in Montrose, UK, Houston, Texas, Batam, Indonesia and Jandira in Brazil.
Image: A GE Oil & Gas workshop employee at work at the company’s Montrose facility. Photo: courtesy of General Electric.
