OneSubsea, a Cameron (NYSE: CAM) and Schlumberger (NYSE: SLB) company, was awarded a contract in second-quarter 2015, to supply subsea processing systems for the Shell Offshore Inc. Stones development in the Gulf of Mexico, according to a news release.
This award follows a Technology Qualification Program and will deliver the industry’s first 15,000-psi subsea pump system, to be installed in the GoM at about 2,900 m (9,500 ft), the release said. The subsea processing systems scope of supply includes a dual pump station with two 3-megawatt single-phase pumps and two subsea control modules, a topside power and control module, a barrier-fluid hydraulic power unit with associated spares as well as installation and maintenance tools.
Manufacturing and testing will take place at OneSubsea’s processing center of excellence facility in Horsøy, Norway.
Recommended Reading
Enbridge Advances Expansion of Permian’s Gray Oak Pipeline
2024-02-13 - In its fourth-quarter earnings call, Enbridge also said the Mainline pipeline system tolling agreement is awaiting regulatory approval from a Canadian regulatory agency.
Moda Midstream II Receives Financial Commitment for Next Round of Development
2024-03-20 - Kingwood, Texas-based Moda Midstream II announced on March 20 that it received an equity commitment from EnCap Flatrock Midstream.
Bobby Tudor on Capital Access and Oil, Gas Participation in the Energy Transition
2024-04-05 - Bobby Tudor, the founder and CEO of Artemis Energy Partners, says while public companies are generating cash, private equity firms in the upstream business are facing more difficulties raising new funds, in this Hart Energy Exclusive interview.
JMR Services, A-Plus P&A to Merge Companies
2024-03-05 - The combined organization will operate under JMR Services and aims to become the largest pure-play plug and abandonment company in the nation.
Chesapeake Slashing Drilling Activity, Output Amid Low NatGas Prices
2024-02-20 - With natural gas markets still oversupplied and commodity prices low, gas producer Chesapeake Energy plans to start cutting rigs and frac crews in March.