GE Oil & Gas has secured a four-year framework agreement to provide wellhead equipment and associated services to Statoil with the option of two, two-year extensions.
GE Oil & Gas will provide its DWHC MS-700 SFX and MS-800 SFX wellhead systems to Statoil. The wellhead systems are designed to be a holistic solution to address fatigue and improve operating life based on, field-proven solutions, GE said in a statement on Thursday.
The GE SFX (Standardized Fatigue Resistant Solution) wellhead systems will allow all year operations in regions with in harsh environments, the company has assured.
Rod Christie , CEO of Subsea Systems, GE Oil & Gas, said: “We are delighted to be teaming up with Statoil on this agreement, which further strengthens our relationship. With offshore operations moving into more extreme environments, the need for more cost-efficient and optimized solutions is paramount. Our equipment can lead the industry in extending the life of offshore assets.”
Equipment from GE Oil & Gas will be built in the company’s facilities in Montrose, UK, Houston, Texas, Batam, Indonesia and Jandira in Brazil.