GE Oil & Gas secures 20k psi order from Maersk Drilling

Offshore staff

HOUSTON GE Oil & Gas (NYSE: GE) has received an order for the offshore oil and gas industry’s first 20,000-psi (20-ksi) rated deepwater blowout preventer (BOP) stack and riser systems from Maersk Drilling. The equipment, due to enter service in the first half of 2018, is being supplied for Maersk and BP as part of their joint Project 20K Rigs design program.

BP and Maersk Drilling announced their joint study agreement in February 2013 to develop conceptual engineering designs for a new generation of advanced drilling rigs that will be critical to unlocking the next frontier of deepwater oil and gas resources. Called 20K Rigs, the BP-Maersk Drilling agreement will result in deepwater drilling vessels designed to efficiently operate in high-pressure and high-temperature reservoirs up to 20,000 psi and 350°F (177°C).

GE Oil & Gas will design, test, and manufacture the new 20-ksi BOPs and risers at the company’s recently expanded Houston Technology Center in Texas.

06/24/2014

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