UK: Ithaca Energy Signs Contract with GE for Supply of Subsea Trees and Control Systems

 

Ithaca Energy announced that the development of the Stella field has moved a step forward through the placement of a contract with GE Oil & Gas to manufacture and supply subsea trees and controls systems. The initial phase of detailed engineering work has commenced and will focus on the procurement of forgings and materials for the systems.

The systems will be delivered as an integrated package and are designed for installation using a heavy duty jackup drilling unit. The supply of the trees and control systems will be managed and delivered from GE Oil & Gas’s Aberdeen facility.

The Company also confirms that a geotechnical programme is currently ongoing to determine the suitability of certain jackup drilling units at four potential development drilling locations on the Stella and Harrier fields and incorporating test boreholes in advance of the planned Hurricane appraisal well. Two drill centres will be selected.

Stella Joint Venture Partners are:

Ithaca (operator, 50.33%),

Dyas UK Limited (31.67%),

Challenger Minerals (North Sea) Limited (18%).

[mappress]
Source: Ithaca, July 11, 2011;

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