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Home›Business & Finance›Premier orders GE subsea equipment for Natuna Sea project
Business & Finance

January 31, 2017 · about 9 years ago

Premier orders GE subsea equipment for Natuna Sea project

GE Oil & Gas has been awarded a contract with Premier Oil for subsea trees and wellheads for the Bison, Iguana, and Gajah Puteri fields in the Natuna Sea, offshore Indonesia. GE said on Tuesday that the scope of the work covers subsea trees and wellheads, rental tools and field service support durin

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GE Oil & Gas has been awarded a contract with Premier Oil for subsea trees and wellheads for the Bison, Iguana, and Gajah Puteri fields in the Natuna Sea, offshore Indonesia.

GE said on Tuesday that the scope of the work covers subsea trees and wellheads, rental tools and field service support during the installation and commissioning stage.

For the initial phase, Premier will issue a call out for three sets of subsea trees and wellheads with deliveries anticipated by the first quarter of 2018.

The subsea trees will be constructed at GE Oil & Gas’ facility in Batam, Indonesia, which is in accord with the company’s commitment to increase local content and local capability for subsea projects in the region.

The deal includes GE’s Tree on Mudline (TOM) series and the SG1 wellhead system, suitable for shallow water operations using jack-up drilling rigs, and fully aligned to the needs of the operator.

The Bison, Iguana, and Gajah Puteri or also known as the BIGP fields are discovered gas fields on Premier’s operated Natuna Sea Block A and, according to Premier Oil, mark the next generation of developments to backfill the company’s existing Singapore and Indonesian contracts.

The FEED has been completed, and an investment decision on these projects is targeted for the first quarter of 2017. Together, these fields could increase gross deliverable reserves to Singapore and the local market by over 100 bcf.

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