GE to supply subsea wellhead system for Santos, Campos basin projects

OGX Petroleo e Gas has awarded GE Oil & Gas an $11 million contract to supply four VetcoGray subsea wellhead systems for projects offshore Brazil.

Offshore staff

RIO DE JANEIRO – OGX Petroleo e Gas has awarded GE Oil & Gas an $11 million contract to supply four VetcoGray subsea wellhead systems for projects offshore Brazil.

The order, which is the second received by GE under a four-year frame agreement with OGX, will include the first two VetcoGray MS-800 subsea wellhead systems to be delivered in Brazil.

OGX is currently operating nine exploratory blocks in the Campos and Santos basins, offshore Brazil. The company plans to drill several subsea exploratory wells within the next three years. The two VetcoGray MS-800 systems, plus two VetcoGray MS-700 systems also included in the new order, will be installed in these areas.

Overall, OGX has the exploration rights in 22 offshore high-potential blocks for a four-year exploratory drilling campaign that could include up to 51 wells offshore Brazil, the company says.

All of the equipment for the new order with OGX will be supplied by the Drilling & Production business of GE Oil & Gas and will be manufactured at the company’s facilities in Jandira and Macaé, Brazil. The wellhead systems will be delivered to OGX by December.

“These systems will provide OGX with greater flexibility in terms of casing programs for their deeper wells in Santos basin,” says Fernando Martins, VP, Latin America region for GE Oil & Gas. “In addition, some of the components and tools used for MS-800 systems also can be used for the MS-700 systems, providing additional resources for OGX’s drilling projects.”

06/24/2009

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