GE has won a contract worth US$850mn for the supply of oil and gas exploration and production equipment at Offshore Cape Three Points (OCTP) Block in Ghana
The block is located in offshore Ghana at a water depth of 500 metres to 1100 metres, 60 km from the coast.
According to the company, the order incorporates both turbomachinery and subsea elements with the first shipment planned for Q4 2015. Further shipments are planned in order to deliver first oil by 2017.
The turbomachinery solutions scope, awarded by Yinson Production (West Africa) Pte Ltd., consists of three LM2500+G4 gas turbines for power generation and four centrifugal compressors electric motor driven to be delivered by GE. The four electric motors suitable for a floating, production, storage and offloading vessel (FPSO) together with three electric generators for gas turbines will be delivered to GE Oil & Gas by GE Power Conversion.
The subsea order was contracted by Eni Ghana and its partners Vitol and Ghana National Petroleum Corporation (GNPC). The subsea production system will be delivered by a consortium between GE Oil & Gas and Oceaneering International and includes the subsea production and control system (SPS) and umbilicals engineering as well as project management, fabrication, transport and testing.
GE Oil & Gas president Lorenzo Simonelli, “This order draws on the full range of GE expertise. It shows the value of our broad technology scope, cutting across two of our business units and leveraging the GE store to deliver innovative, economic solutions for our customers.
“In addition, it shows the importance of our commitment to local partnership and capacity building in order to deliver the most effective and efficient solutions for our customers. We are committed to partnering with Ghana to help support and build critical skills and infrastructure development for the country’s future growth.”
In order to deliver asset management services to the OCTP development, the company has established a joint venture with GNPC to fund the development of a local capacity and skills development programme along with Ashesi University. These investments are expected to help GE grow its employee count in Ghana by 65 per cent and support the training and development of Ghanaian oil and gas professionals over the next few years.
Ghana’s minister of energy and petroleum Emmanuel Armah Kofi Buah said that the discovery of crude oil and exploration in Ghana would clearly lead to job creation, and technology and skills transfer.
