GE-GLS deliver first subsea equipment
The GE-GLS Oil & Gas Angola Ltd. joint venture has delivered its first subsea equipment.
LUANDA, Angola – The GE-GLS Oil & Gas Angola Ltd. joint venture has delivered its first subsea equipment. The delivery consists of 16 subsea production trees, and the scope of work includes 15 more such trees, 12 water injection trees, two water injection manifolds, four production manifolds, topside upgrades, and associated equipment destined for a development in the Atlantic Ocean.
“We announced our intentions to further support the development of Angola’s growing oil and gas industry and, after only a year, are proving our commitment to the country’s ‘Made in Angola’ pledge,” said Dr. Eugenio Neto, president and CEO of GLS Holding and vice president of the joint venture.
The JV was announced in early 2013, and included an initial investment of $175 million to build a new manufacturing facility in Soyo, in the province of Zaire, to supply subsea equipment to the oil and gas industry in Angola. This first subsea production tree to be delivered under the JV was assembled at GE Oil & Gas’ existing site inside the Sonils Base at the Port of Luanda.