GE claims that this agreement underlines its commitment to growing its global footprint, whilst supporting local investment in Africa, and re-affirms its leadership in large bore technology and subsea equipment and services.
Teams from both companies have been working together since 2014, co-developing efficient and cost-effective technical solutions to ensure operational reliability and equipment availability to help avoid revenue losses through unplanned downtime. GE claims that this was achieved through six months of front end engineering and design (FEED) work, leveraging the company’s in-house engineering capabilities and portfolio of standardised products.
The agreement consists of a multi-year contract to supply subsea production systems, ancillary equipment and services. It covers the Coral South FLNG project, and is the first phase of EEA’s strategically important development plans for the Rovuma basin Area 4 gas resources. Area 4 future potential upstream projects are also covered by the agreement. It includes a separate five-year aftermarket services contract for Life of Field of the subsea infrastructure, as well as one five-year option and five three-year extensions.
GE claims that it has secured orders for the FLNG project from EEA to supply seven xmas trees, three two-slot manifolds with integrated distribution units, MB rigid jumpers, seven subsea wellheads with spare components, a complete topside control system to be installed on the FLNG facility, and associated services equipment and support, including IWOCS and landing strings, tools, spares and technical assistance for installation, commissioning and startup.
Neil Saunders, President and CEO of Subsea Systems & Drilling, GE Oil & Gas, said: “Coral South FLNG is the first major subsea development in East Africa and provides GE Oil & Gas with the opportunity to affirm our leadership in large bore technology and our standardised portfolio of subsea equipment and services for deep water projects.
“As the only subsea production systems supplier in-country and in East Africa, it provides tremendous opportunities to grow our operations in the region and it further underlines our commitment to drive productivity and cost-efficiency improvements for global projects by building long-term relationships with industry players in place of more outdated transactional approaches.”
Ado Oseragbaje, President and CEO of Sub-Saharan Africa, GE Oil & Gas, added: “With the award of this project in Mozambique following the recent OCTP Project in Ghana – with first oil delivered ahead of schedule and in record time-to-market – GE reaffirms its subsea leadership in Africa, operating in all the major oil basins and with all international and National Oil Companies. GE is committed to building capacity in Africa and with the Mozambique project, like we have already demonstrated in Nigeria, Angola and Ghana, we will continue to invest in the years to come, developing a local highly-skilled and motivated workforce.”
Read the article online at: https://www.lngindustry.com/floating-lng/28062017/ge-and-eea-sign-long-term-collaboration-agreement/