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

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs