ABERDEEN, UK – At Offshore Europe, GE announced that GE Oil & Gas subsea systems and services have been selected by Ithaca Energy for the Stella oil and gas field development project in the central North Sea.
Under the $17 million contract, GE will supply an integrated package of “S” Series Shallow Water Vertical Tree (SVXT) systems, controls and SG1 wellheads to be installed using a jackup rig.
Phase 1 for the Stella project will be four trees for the planned development wells with a possible additional tree for a further well in the area.
According to GE, the SVXT system was developed for ease of installation, minimal ROV dependency, reduction on weather influenced installation operations due to smart tools, higher load carrying capacities and increased pressure envelopes.
The scope of the GE contract includes S Series shallow water vertical trees, SG1 drill-through wellhead systems, and a full services support package comprising rental tools and manpower.
The equipment will be engineered and manufactured at GE’s facilities in the UK with the equipment scheduled for shipment in the 4Q 2012.