ATP Oil & Gas is headquartered in Houston, Texas but has natural gas and oil extraction operations in the Mediterranean Sea, the Gulf of Mexico and the North Sea. The contract between the two companies is worth an estimated $80m.
Rod Christie, vice-president at subsea systems at GE Oil & Gas commented on how the project is a good example of how GE can marshal extensive resources in order to help customers meet business challenges as well as technical problems.
“ATP was looking for high reliability, the lowest lifecycle cost and the ability to meet a very tight schedule,” Mr Christie said.
“To meet these requirements, GE offered proven fit-for-purpose equipment based on our experience with comparable projects, along with world-class engineering and other services to speed installation and testing,” he added.
The Cheviot Field lies approximately 100 km east of the Shetland Isles in the northern part of the North Sea and is a redevelopment of a previous field with significant reserves.
The equipment GE is contacted to supply includes wellheads, subsea Christmas tree oil wells and a subsea control system, and will be used in conjunction with ATP’s “Octabuoy” Floating Production and Storage Facility, a state-of-the-art vessel currently under construction.
As part of the contract, GE also will provide system engineering and design, procurement and on-site testing services.
Product shipments will begin in February 2013 with installation later in the year. Commercial operations are expected to begin in 2014.