GE, Enpro Subsea in Fluid Well Intervention Pact
GE Oil & Gas and Enpro Subsea announced an agreement to jointly market and provide fluid intervention services that offer oil and gas operators a cost-effective way to improve production rates in producing wells.
The volume of hydrocarbons extracted from offshore fields with subsea wells is typically far lower than offshore fields with platform wells. One reason for this is the prohibitive cost of performing interventions on subsea wells. During well interventions, wells are ‘cleaned’ on the inside, which helps alleviate well production issues caused by scale and other conditions which develop over time.
The companies have signed a Memorandum of Understanding to jointly market, sell and operate technology and services related to fluid intervention. The non-exclusive partnership is already in operation in key strategic regions, including West Africa.
“The initial responses from customers are very encouraging; they value the combination of Enpro Subsea’s best-in-class liquid intervention technology with GE’s subsea equipment expertise and global footprint and capabilities,” said Nick Dunn, Global Leader, Subsea Services at GE Oil & Gas.
The partnership is a further example of GE Oil & Gas’ drive to grow its ‘life of field’ service business by investing in technology R&D and value-adding collaborations.
Enpro Subsea’s Integrated Subsea Sampling and Injection solution is a small, lightweight system that enables multiple well campaigns from a single vessel. The equipment can be operated subsea by an ROV which can be deployed at multiple injection locations.
“Enpro are very excited to be working with GE Oil & Gas in key strategic regions. Our combined expertise in subsea production optimization together with GE’s extensive regional presence enables us to jointly provide and support world class liquid intervention products and services,” said Ian Donald, Managing Director of Enpro Subsea.