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GE Oil & Gas Awarded $147M Contract for Statoil’s Snøhvit CO2 Project


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GE Oil & Gas Awarded $147M Contract for Statoil’s Snøhvit CO2 Project

Business

Category: Energy

Under the contract, GE will supply subsea production and injection equipment for Statoil’s Snøhvit carbon dioxide (CO₂) injection project, designed to provide a robust CO₂solution.

The CO₂is naturally present in the reservoir, and is produced with natural gas at the field. The CO₂is separated from the gas onshore before it is pumped back to the reservoir via a dedicated pipeline. The new CO₂injection facilities have been designed to accommodate Statoil’s need for additional injection capacity over the lifetime of the field.

For the project, GE will supply the company with a subsea system enabling both injection and production wells.

This delivery follows GE’s previously provided subsea production system to Statoil for the company’s initial production activities in the Snøhvit field.

Source: World Oil

Published: June 30, 2022