Baker Hughes chemicals for Norwegian oil fields
- Business & Finance
Norway’s Statoil has awarded Baker Hughes an eight-year contract to design and supply production chemicals to the offshore Norne field and the deepwater Aasta Hansteen field in the Norwegian Sea. Work is anticipated to begin in July 2015, and the contract also includes an extension option of four years.
“This award demonstrates our commitment to continuous innovation of offshore and deepwater solutions,” said Ruben DeVelasco, vice president of Upstream Chemicals for Baker Hughes. “By combining our expertise with the right technology, we believe that we can help increase production and maximize profits throughout the life of the fields.”
The Norne Field is on the Norne FPSO platform in the Norwegian Sea. The field was initially scheduled to be shut down in 2014, but through systemic maintenance and advancements in technology it is now expected to produce until 2030.
The Aasta Hansteen Field is on the Aasta Hansteen FPSO platform and is the first deepwater development in the Norwegian Sea. Production is anticipated to kick off in 2017, and the field is expected to produce beyond 2030.