GEA Receives Orders Worth EUR 28 Million (Germany)

GEA has received 3 major orders worth EUR 28 million for the supply of Air Cooled Heat Exchangers to projects of the oil and gas industry.

For a new LNG (Liquefied Natural Gas) plant in the southern highlands of Papua New Guinea which is under development by Exxon Mobile and its joint venture participants GEA Heat Exchangers received one order to design, manufacture and supply more than 300 Air Fin Coolers.

The heat exchangers will be manufactured in the GEA factories in France and China. The new LNG plant is intended to produce 6 million metric tons a year of liquefied natural gas for shipment to international markets.

In Brazil, GEA Heat Exchangers received two orders for Air Coolers for the new refineries of PETRÓLEO BRASILEIRO S/A – PETROBRAS in Pernambuco (North East of Brazil) and for the Comperj refinery in Rio de Janeiro.Both projects are part of an investment program of the Brazilian Oil Industry of more than US$ 200 Billion in the next years.

“With these orders GEA Heat Exchangers confirms its strong position when it comes to Air Cooling for the Oil and Gas industry” says Jörg Jeliniewski, President of the Segment GEA Heat Exchangers.

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Source: GEA Group, October 14, 2010