Aker Solutions Gets Subsea Compression System Deal Offshore Australia
12 Mars 2019 - 11:22AM
Dow Jones News
By Dominic Chopping
Aker Solutions ASA (AKSO.OS) said Tuesday that it has been
awarded a master contract to support the delivery of a subsea
compression system for the Chevron Australia-operated Jansz-Io
field offshore Australia.
The oil-and-gas industry service provider said its gas
compression system will boost recovery of gas more
cost-effectively
"Compression will help maintain plateau gas production rates as
reservoir pressure drops over time," the company said. "While such
compressors have typically been installed on platforms over sea
level, placing them on the seabed and near the wellheads improves
recovery rates and reduces capital and operating costs."
The Jansz-Io field is located around 200 kilometers offshore the
northwest coast of Western Australia at approximately 1,350 meters
below the surface. The Jansz-Io field is a part of the Chevron
Australia-operated Gorgon Project, one of the world's largest
natural gas developments.
Write to Dominic Chopping at dominic.chopping@wsj.com;
@domchopping @WSJNordics
(END) Dow Jones Newswires
March 12, 2019 06:07 ET (10:07 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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