GE Oil & Gas has signed an agreement to provide subsea operations services to Statoil Petroleum fields at Tordis, Vigdis, Snorre and Troll, located North West off the coast of Stavanger, Norway.
Under the three-year agreement, GE will provide services and maintenance of subsea production systems during installation and operation phases.
The company will provide services, including offshore installation and intervention, equipment repair and maintenance, studies, upgrades and modifications.
Work will be carried out from GE’s Dusavik site as part of the deal, which has provision to extend for three additional years.
GE Oil & Gas Nordic Region services leader Tom Huuse said: "We are very pleased to have reached an agreement working with Statoil to come up with solutions for turning maintenance into lifecycle optimization, helping Statoil in meeting their Statoil Technical Efficiency Program (STEP) targets within subsea operations.
"This is an important contract of significant value to us, and one which will allow continued investment by GE Oil & Gas at our state-of-the-art services facility in Dusavik outside of Stavanger.
"It represents growth in the region and secures the sustainability of our Subsea Services business in Norway."
To ensure maximum uptime to support production targets for Statoil, GE will also provide highly skilled and experienced personnel to enable safe and efficient execution.
Image: A GE-built subsea tree master valve block at Dusavik workshop. Photo: courtesy of General Electric.