HOUSTON, March 20, 2015 /PRNewswire/
-- OneSubsea®, a Cameron (NYSE: CAM) and
Schlumberger (NYSE: SLB) company, has delivered the world's first
subsea Multiphase Compressor to Statoil for the Gullfaks South
field in the North Sea.
The subsea multiphase compressor enables boosting of unprocessed
wet gas production fluids, while eliminating the need for an
upstream separation facility or an anti-surge system, making it the
industry's only true wet gas compressor. It is expected to
increase the recovery rate for the Gullfaks South Brent reservoir
by 22 million barrels of oil equivalent.
OneSubsea Chief Executive Officer Mike
Garding said, "Statoil is at the forefront of subsea
compression. By working in collaboration with Statoil, we have been
able to develop an optimal solution to help them advance their
subsea factory strategy."
To learn more about this groundbreaking technology, click
here.
About OneSubsea
OneSubsea, a Cameron and Schlumberger
Company, offers a step change in reservoir recovery for the subsea
oil and gas industry through integration and optimization of the
entire production system over the life of the field. Cameron, with
its long history of innovation and firsts in the subsea market, is
an industry leader in design capability, manufacturing excellence
and successful installations. Schlumberger brings a deep
understanding of the reservoir, and industry-leading well
completions, subsea processing and integration platform. Through
the integration of these strengths, OneSubsea offers best-in-class
subsea solutions for its customers. For more information,
visit www.onesubsea.com.
This document includes forward-looking statements regarding
performance capabilities of products, made in reliance upon the
safe harbor provisions of the Private Securities Litigation Reform
Act of 1995. The actual results may differ materially from those
described in forward-looking statements. Such statements are based
on current expectations of the performance and are subject to a
variety of factors, some of which are not under the control of the
companies mentioned herein, which can affect the companies' results
of operations, liquidity or financial condition.
Because the information herein is based solely on data currently
available, it is subject to change as a result of changes in
conditions over which the companies have no control or influence,
and should not therefore be viewed as assurance regarding
performance. Additionally, the companies are not obligated to make
public indication of such changes unless required under applicable
disclosure rules and regulations.
Investors
Scott
Lamb
Vice President, Investor Relations
Cameron International Corp.
Tel: +1 713 513 3344
scott.lamb@c-a-m.com
Media
Eileen
Curling
Director of Marketing
OneSubsea
Tel: +1 713 939 2839
eileen.curling@onesubsea.com
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SOURCE OneSubsea