GE subsidiary Baker Hughes (BHGE) has secured a contract from Twinza Oil to offer fullstream support services for Pasca A gas condensate field in the Gulf of Papua.
Under the deal, Baker Hughes will provide services and equipment for the phase I of the Pasca A field development.
The company will offer drilling services, wellheads and pressure control equipment for the fourth and final appraisal well, which will be drilled in the third quarter of this year and suspended as a future development well.
Baker Hughes’ fullstream offering comprises various capabilities in drilling services, subsea equipment, gas processing topsides, gas compression and turbomachinery, as well as installation and commissioning services.
Under the fullstream package, Baker Hughes will also provide a financial solution for Twinza to complete appraisal drilling and proceed to final investment decision (FID).
The FID on the appraisal well is expected to be taken in 2018. Based on the FID, the company will offer an integrated gas processing solution from the wells through to point of export.
Claimed to be the first offshore oil and gas development in Papua New Guinea, Pasca will deliver natural gas liquids (NGLs) in the form of condensate (a light crude oil) and LPG. It is also expected to generate natural gas.
With 100% stake in the Pasca A license, Twinza has submitted a development plan for the field that will generate the resource across two phases.
The project’s first phase includes initial production of NGLs, including condensate and LPG. Dry gas will be exported during the second phase of the project.
BHGE president and CEO Lorenzo Simonelli said: “BHGE’s competitive advantage is its ability to serve customers across the entire oil and gas value chain, providing cutting-edge technology and proven expertise to maximize customers’ business profitability.”
Twinz CEO Huw Evans said: “Having a single point of contact and a complete offering for a complex project was one of the key reasons why we partnered with BHGE.”