Oilandgas News

GE Oil & Gas has launched the new VetcoGray S-Series SVXT subsea tree at the Offshore Europe Oil & Gas Conference and Exhibition, being held from 8-11 September 2009 in Aberdeen, Scotland. The new VetcoGray S-Series SVXT subsea tree merges horizontal and vertical tree technology, reducing weight by 20%, decreasing height, and also delivering essential functionality in a pre-engineered, pre-configured 'modular' way. Low-cost installation of the new SVXT is achieved through a design that enables deployment using standard offshore jack-up drilling rigs without the need for major modifications.

GE Oil & Gas announced that it has been awarded a five-year contract to deliver Subsea Operations Services (SOS) to StatoilHydro, the Norwegian based oil and gas company. The contract has an estimated value of between $25- $30m per year and will be managed by GE Oil & Gas in Dusavik, Stavanger, Norway. The scope of services to be provided under the agreement relate mainly to the installation and operations phases of StatoilHydro’s subsea fields, including: engineering, procurement, the production of equipment and tools, and electro and mechanical workshop services for corrective and planned maintenance in subsea drilling. Servicing and…