Statoil awards Cameron HPHT work in the Norwegian North Sea

Source: FMC, Statoil

Cameron (NYSE:CAM) has received a contract valued at approximately $90 million from Statoil (NYSE:STO) for the provision of high temperature, high pressure (HPHT) surface wellhead and Christmas trees for the Norwegian Gudrun platform with further options for the Valemon and Brynhild platform developments. 

The seven-year agreement also includes aftermarket services with the option for two-year extensions continuing through the lifetime of the Gudrun field

Located in the Norwegian North Sea, Gudrun is being developed via a new fixed production platform capable of partial stabilization of oil and gas, and housing 16 well slots as well as living quarters for 40 crewmembers.



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs