GE to provide turbomachinery equipment and services for Statoil’s Gina Krog

9/4/2013

GE to provide turbomachinery equipment and services for Statoil’s Gina Krog

ABERDEEN -- GE Oil & Gas has been awarded a contract to provide Daewoo Shipbuilding & Marine Engineering (DSME) with turbomachinery equipment and services for a new oil and gas production platform being built to support the production activities of Statoil Petroleum AS and its partners Total S.A. and Det Norske in the Gina Krog field in the Norwegian North Sea.

Gina Krog (previously known as Dagny) is located 30 km northwest of the Sleipner field and approximately 250 km southwest of Stavanger, Norway. The development of Gina Krog will be among Statoil's major new developments with an estimated 225 million barrels of oil and gas.

For the project, GE is supplying DSME with an integrated topside turbomachinery solution featuring products from several GE businesses. DSME is the primary contractor in charge of platform construction for Statoil and its partners.

The Gina Krog platform represents the second contract to be implemented as part of a five-year turbomachinery equipment and services supply frame agreement that GE and Statoil signed in February 2013. The first contract called for GE to supply turbomachinery equipment for the Aasta Hansteen field in the North Sea.

GE’s integrated equipment solution is scheduled to be delivered in the first quarter of 2015. The platform’s offshore hook-up is scheduled to take place in 2016.

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