BP commissions Foinaven recovery studies

GE Oil & Gas will perform two engineering studies for BP’s Foinaven oil field west of Shetland in the UK sector.

Offshore staff

OSLO -- GE Oil & Gas will perform two engineering studies for BP’s Foinaven oil field west of Shetland in the UK sector.

The studies, relating to subsea processing and a power link from the shore, are a continuation of work GE has already completed to support a future phase of production enhancement at Foinaven. The work should be completed later this summer.

BP and GE have maintained a subsea processing collaboration for more than a decade.

Foinaven and its production facilities are 190 km (118 mi) west of Shetland, in water depths of 400-600 m (1,312-1,969 ft). Recoverable reserves are estimated in the range 250-600 MMbbl.

06/16/2009

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