NABEP refurbishes 32 gas and power generation units that were inactive in Venezuela
North American Blue Energy Partners’ (NABEP) fleet of platforms in Venezuela will reach 41 units this month.
Oil company North American Blue Energy Partners (NABEP) announced that it is refurbishing 32 gas compression and power generation units from oil fields in Venezuela at specialized facilities in countries such as the United States, the United Kingdom, and the United Arab Emirates (UAE).
The aim is to put equipment that had been inactive back into operation, while the purchase of new machinery continues to revive Venezuela’s hydrocarbons sector.
NABEP Chief Executive Officer (CEO) Alejandro Betancourt noted that across Venezuela, “we are identifying heavy machinery that deserves to be restored after years of neglect.”
“We are working with some of the world’s leading specialists, many of them in the United States, to get this equipment in working order and ready to restart the flow of oil (in Venezuela),” he said.
He also noted that this is how “we are revitalizing the country’s long-neglected infrastructure faster and more efficiently than many thought possible, while increasing production and creating skilled jobs both locally and internationally.”
This month, the company’s fleet of rigs in the country will reach 41 units, part of a total of 60 acquired, including 9 drilling rigs and 20 workover rigs that are already in Venezuela.
The program covers 17 gas generators (turbine engines that drive compressors and generate electricity), as well as 12 compressors and three power-generation turbines.
Likewise, the restored compressors reinject gas into wells to facilitate the flow of oil, while the turbines and gas generators supply power to field operations.
“Each unit is dismantled, inspected, repaired, or fitted with new components. It is then reassembled and tested before returning to service. Twenty-four units have already been shipped, and another eight will follow in December. In addition, another gas generator is being restored in Venezuela,” the oil company said.
Oil shipments to the US
The oil company said it is sending half of its Venezuelan oil production directly to the United States, while the other half remains in the country for blending and processing.
It also asserted that it is working hard to increase production from wells in the Caribbean nation that have been neglected for a long time.
Information from a press release and Argus