2001-09-03 - Houston, Texas: ABB has been awarded major contracts by the Tengizchevroil (TCO) partnership to provide surface wellheads and trees along with production and drilling services for the continuing expansion of output from Kazakhstan’s Tengiz Field.
The five-year deal, with options to extend, is valued at 30 million USD and also includes establishing a service center at Tengiz for the exclusive use of TCO.
The onshore Tengiz Field, to the north-east of the Caspian Sea, is described as one of the world’s largest "super giants", with six to nine billion barrels of recoverable oil and significant reserves of associated gas. The partners are Chevron Overseas Co., Kazakhoil National Oil & Gas Co., ExxonMobil Kazakhstan Ventures Inc and LUKarco Services BV.
The hardware will be supplied by ABB Vetco Gray, Houston, with fast track deliveries beginning this fall. Production typically will be through 4" and 5" valves, rated for -50°F and designed for high pressure, sour service.
The contract for drilling and production services has been awarded to ABB Kazakhstan, which has its headquarters in Almaty. ABB Vetco Gray will provide technical support. The majority of the field service workforce will be Kazakh nationals, and ABB will conduct significant on-site training and development of local personnel.
John H. Whelan, ABB Vetco Gray’s Vice President Sales - Western Region, said: "The contract is an important first for ABB Vetco Gray in Kazakhstan. The award reflects the strength of our global resources, while the plans for a service center there reflect our commitment to delivering quality performance and support locally."
ABB (www.abb.com) serves manufacturing, process and consumer industries, utilities, the oil and gas markets, with 160,000 employees in more than 100 countries.
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For more information, contact
John H. Whelan, Vice President - Sales, Western Region
ABB Vetco Gray
Tel: (281) 448 4410
e-mail: john.whelan@us.abb.com