GE Oil and Gas subsea service agreement with Statoil

Subsea operations agreement reached

GE Oil and Gas has signed a framework agreement with Statoil Petroleum AS to provide subsea operations services for the Company’s operated fields Tordis, Vigdis, Snorre and Troll, located north west off the coast of Stavanger. The scope of work covers services and maintenance of subsea production systems during installation and operation phases

GE Oil and Gas will run the services from their Dusavik site, providing subsea operations services, including offshore installation and intervention, equipment repair and maintenance, studies, upgrades and modifications.

Tom Huuse, services leader for Nordic Region at GE Oil and Gas, said: “We are very pleased to have reached an agreement working with Statoil to come up with solutions for turning maintenance into lifecycle optimisation, helping Statoil in meeting their STEP (Statoil technical efficiency programme) targets within subsea operations. This is an important contract of significant value to us, and one which will allow continued investment by GE Oil & Gas at our state-of-the-art services facility in Dusavik outside of Stavanger. It represents growth in the region and secures the sustainability of our Subsea Services business in Norway.”

The frame agreement effective October 1st will ensure efficient cooperation between the two parties, with GE providing highly skilled and experienced personnel to enable safe and efficient execution and to ensure maximum uptime to support Statoil’s production targets.

Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/08092015/ge-oil-and-gas-subsea-service-agreement-with-statoil/