GE Oil & Gas to expand Egypt services facility
GE Oil & Gas has decided to expand its services facility in Egypt’s industrial free zone with an additional 2,000 square meters.
GE said last week that its services facility in Egypt would reach a total of 5,000 square meters after the expansion.
The announcement was made after a meeting with Mohamed Khodair, Chairman of the General Authority for Investment and Free Zones (GAFI). The facility will provide assembly, disassembly, repair, maintenance, and testing services of GE Oil & Gas upstream products locally in Egypt to serve both national and international oil and gas companies.
Khodair said: “We are proud to be a partner to GE, one of the world’s leading providers of advanced technologies and services. By creating the right investment environment, GE is now able to expand its operations and invest in the free zone which will support Egypt industrially and economically.”
The expanded facility is expected to be fully operational by mid-2017 and will become a home to more than 100 Egyptian employees. The facility will also include a training center for GE customers and employees to help build better know-how on the operation and services needed for the products that will be covered at the facility.
Ayman Khattab, President and CEO of GE North East Africa, said: “We are honored to continue our partnership with GAFI and for their constant support to help us expand our footprint in Egypt. With the expansion of our GE Oil & Gas services facility, we continue our localization efforts in the country to build local know-how, create jobs and support industrial and economic growth.”
GE Oil & Gas is also a partner to Petrojet, an EPC services provider, which manufactures API Certified Sucker Rod pumping units in Egypt. To date more than 1,170 units have been manufactured locally, serving customers in Egypt, the Middle East and Europe.
In related news, GE recently announced the decision to merge its oil and gas business with Baker Hughes to create the world’s second-largest oilfield technology and services provider.