GE Oil & Gas Wins $70m Deal From StatoilHydro

25 June 2009 (Last Updated June 25th, 2009 18:30)

GE Oil & Gas has been awarded a contract worth more than $70m by StatoilHydro to upgrade subsea control systems for StatoilHydro’s Tordis Vigdis Controls Modification (TVCM) project. The solution will incorporate GE Oil & Gas’ subsea electronics module - the VetcoGray SemStar5

GE Oil & Gas has been awarded a contract worth more than $70m by StatoilHydro to upgrade subsea control systems for StatoilHydro’s Tordis Vigdis Controls Modification (TVCM) project.

The solution will incorporate GE Oil & Gas’ subsea electronics module - the VetcoGray SemStar5, the company said.

The VetcoGray SemStar5 subsea electronics modules are being developed and manufactured at GE Oil & Gas’ Nailsea facilities in Bristol, UK, along with the VetcoGray ModPod subsea control modules.

The modules will be shipped to Norway for offshore installation in 2010 and 2011.

The TVCM project follows the newly upgraded GE Oil & Gas’ test and assembly facilities at Dusavik in Norway with the development of intervention tooling mainly being carried out from the Dusavik site.

StatoilHydro’s Tordis and Vigdis oilfields are located in the North Sea, west of Norway in about 200m-deep water.