Statoil extends GE turbomachinery cooperation

GE Oil & Gas (NYSE: GE) has signed two new five-year frame agreements with Statoil Petroleum AS (OSE: STL) for the supply of turbomachinery equipment.

Offshore staff

HOUSTON – GE Oil & Gas (NYSE: GE) has signed two new five-year frame agreements with Statoil Petroleum AS (OSE: STL) for the supply of turbomachinery equipment. Additionally, GE will provide support services for Statoil’s installed fleet of GE turbomachinery offshore and onshore Norway and elsewhere.

First equipment order under the new frame agreement is for theAasta Hansteen field development in the Norwegian Sea. This will include the first offshore application of LM6000 aeroderivative gas turbine technology for mechanical drive, and the latest generation of GE’s SeaSmart offshore package, featuring an LM2500 SG DLE aeroderivative gas turbine for power generation.

SeaSmart Offshore is designed to provide increased availability and long-term efficiency, with reduced installation and commissioning, optimized maintenance, and compact, on-skid controls, auxiliaries and diagnostics capabilities.

GE says its offshore-dedicated engineering team has reduced the overall package footprint and weight four times since 2009. Lighter weight composite materials are a big factor, and these also provide increased corrosion resistance for harsh marine conditions.

5/09/2013

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