GE Oil & Gas has signed a long-term, multimillion-dollar contract with Petroleum Development Oman (PDO) for the provision of Progressive Cavity Pump equipment (PCP) and related services, commencing in the third quarter of 2016
This is aligned with PDO’s ‘In Country Value’ initiative, which aims at promoting localised sourcing, developing the local supply chain and strengthening Omani talent development. GE Oil & Gas will sub-contract services to Local Community Contractors (LCCs) that will also be trained on the various aspects of PCP services.
A PDO spokesperson said, “The award of the integrated PCP contract to GE for the Nimr fields synergises and aligns with the integrated RRP contract for the Nimr fields previously awarded to GE. ‘In Country Value’ was an important feature of the negotiations, and this contract is further evidence of our commitment to secure long-term sustainable economic benefits for the Sultanate.
Rami Qasem, president & CEO, GE Oil & Gas for Middle East, North Africa and Turkey, said, “The contract builds on our long-term partnership with PDO and underlines our commitment to investing in Oman and supporting PDO to achieve their long-term goals. The provision of advanced equipment and services will help in meeting and exceeding the average run-life of the PCP equipment, a critical component in PDO’s production operations.”
As part of the deal, GE Oil & Gas has joined hand with its local partner Edgo to provide a wide range of specialised equipment and ensure preventive and corrective maintenance for a number of inherited PCP systems, in addition to supervising the use of these systems in well interventions. GE Oil & Gas will also provide technical training to the PDO team.
