Energy firm GE Oil and Gas announced new projects worldwide yesterday totalling nearly £830million, including work on the Nexen Golden Eagle Area development in the UK North Sea.
At its annual meeting in Florence, Italy, GE said contracts with Nexen Petroleum UK could total more than £108million over the life of the Golden Eagle development.
GE’s work covers a combined production, utility and accommodation platform linked to a separate wellhead platform, with 16 platform-based wells, a phased subsea well development and associated in-field and export pipeline infrastructure.
Under one contract, GE will supply wellheads, trees and additional equipment for subsea and platform applications.
A separate deal will see GE provide subsea control systems, including electronics modules. The schedule calls for equipment to be shipped this year and installed during 2013, with commercial production to begin in late 2014.