SPX Awarded Contract to Provide Oil Production Pumps for EnQuest's Kraken Field in the North Sea

abarrelfullabarrelfull wrote on 22 Nov 2013 20:53
Tags: enquest's europe north-sea services spx uk

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SPX Corporation (NYSE: SPW) today announced that it was awarded a contract in Q3 worth approximately $22 million for oil well production pumps. The pumps will be utilized for key artificial lift service on EnQuest's new offshore subsea heavy oil field project, currently being developed in the UK North Sea.

Specifically, the new order is for fifteen ClydeUnion-branded Hydraulic Submersible Pumps, (HSPs), which will be fulfilled by ClydeUnion's main facility located in Glasgow, Scotland. Deliveries are scheduled to begin in 2014 and continue through 2015.

Plans call for each oil production well within the field to be equipped with a single HSP, located in the well bore more than 3,000 feet below the seabed. The pumps will provide essential pressure boosting for the reservoir fluids to enable production at optimal rates to the field's FPSO facilities. ClydeUnion's turbine-driven HSP technology offers the unique combination of pressure boosting and flow assurance improvements, which is particularly beneficial for heavy oil production.

"SPX ClydeUnion Pumps' HSP features a multiphase pump technology that has been successfully deployed for more than 12 years in a similar subsea well development and has been proven to offer high operational flexibility, availability and reliability," said Tony Renzi, president of SPX Flow Power & Energy. "Our technology can reduce the need for well access for pump servicing, and consequently often enables our customers to more easily determine their operating expenditures."

ClydeUnion's HSP technology continues a long tradition of being at the forefront of providing engineered solutions in offshore pumping for the oil and gas sector. SPX sees increased opportunities for the application of the HSP as an enabling technology, particularly as offshore oil projects become more challenging, and as customers seek increased equipment performance and reduced life cycle costs.

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