BHGE Subsea Connect for Beach Energy Gas Project Off Australia
- Business & Finance
Beach Energy has awarded Baker Hughes, a GE company (BHGE) a contract to supply subsea production systems for its Victorian Otway Basin development project located in offshore Victoria, Australia.
The contract was awarded in the first quarter of 2019 and includes medium water horizontal Xmas trees and associated subsea control Semstar5 systems, in addition to wellheads.
With this project, BHGE demonstrates the benefits of its Subsea Connect approach it launched in 2018 that brings together early engagement, advanced technologies, creative commercial models and digital enablement to improve project economics and certainty.
Neil Saunders, president & CEO of BHGE’s Oilfield Equipment business, said: “We are excited to be partnering with Beach Energy in a project of such relevance for the Australian gas market. Not only do we bring our expertise in subsea gas projects, but we also demonstrate how our Subsea Connect capabilities are put into action to add value to a brownfield project while delivering cost-effective solutions under a local execution model.”