Search results for: GE Energy

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  • 17 May 2011

      With less than a month to go to the opening of the GE Energy Manufacturing Technology Center, employees of GE in the Kingdom are looking forward to the educational and hands-on training prospects that the facility will offer. The Center further expands GE’s local job creation and training commitment to Saudi Arabia and is […]

  • 15 February 2011

      GE announced the appointment of new company officer. GE currently has 194 GE officers globally. GE officers lead large revenue generating businesses or are in critical functional roles, helping to drive growth. Anne M. McEntee, 40, has been appointed vice president of Dresser for GE Energy Services, a business within GE Energy. In this […]

  • 15 February 2011
    Business & Finance

      GE today announces the appointment of  new company officer. GE currently has 194 GE officers globally. GE officers lead large revenue generating businesses or are in critical functional roles, helping to drive growth. Anne M. McEntee, 40, has been appointed vice president of Dresser for GE Energy Services, a business within GE Energy. In […]

  • 27 October 2011

    GE Energy Financial Services, a unit of GE, announced today that its co-owned Gulf LNG regasification and liquefied natural gas storage facility on the Gulf of Mexico has successfully begun operations. GE made the announcement at a ribbon-cutting ceremony at the facility in Pascagoula, Mississippi, joined by Gov. Haley Barbour and executives of El Paso […]

  • 29 August 2012

    Demonstrating its energy market expertise, GE unit GE Energy Financial Services has served as lead arranger of an approximately $107 million senior secured credit facility for two Illinois gas-fired peaker plants, managed by Tenaska Capital Management, LLC (TCM), an affiliate of Tenaska, one of the largest U.S. independent power producers. The transaction will allow TCM […]

  • 27 October 2011
    Business & Finance

    GE Energy Financial Services, a unit of GE, announced today that its co-owned Gulf LNG regasificationand liquefied natural gas storage facility on the Gulf of Mexico has successfully begun operations. GE made the announcement at a ribbon-cutting ceremony at the facility in Pascagoula, Mississippi, joined by Gov. Haley Barbour and executives of El Paso Corporation. […]

  • 27 June 2013

    Energía Mayakan, a subsidiary of GDF SUEZ Mexico and GE Energy Financial Services announced that Mexico’s Yucatan Peninsula is now poised to receive more natural gas for cleaner electric power generation from an extension of the Mayakan pipeline. GE Energy Financial Services is extending its 700-km-long, 24-to-16-inch-diameter Mayakan pipeline to switch power plants in the […]

  • 24 October 2011
    Project & Tenders

    Lightfoot Capital Partners, LP announced that it has teamed up with GE Energy Financial Services, a unit of GE, to make a strategic investment in the liquefied natural gas market. Lightfoot Capital will make a direct investment and own a 48 percent interest in Arc LNG Holdings LLC, which will own a 20 percent interest […]

  • 2 September 2011
    Business & Finance

      GE today announced the successful completion of its $3.2 billion acquisition of Converteam, a leading provider of power conversion and automation systems and high-efficiency power electronics, motors and generators. Converteam’s solutions enable customers in a variety of industries to replace or improve mechanical processes with high-efficiency electric alternatives that deliver better reliability, less maintenance […]

  • 2 September 2011
    Business & Finance

      GE  today announced the successful completion of its $3.2 billion acquisition of Converteam, a leading provider of power conversion and automation systems and high-efficiency power electronics, motors and generators. Converteam’s solutions enable customers in a variety of industries to replace or improve mechanical processes with high-efficiency electric alternatives that deliver better reliability, less maintenance […]

  • 20 July 2016
    Business & Finance

    GE has appointed Azeez Mohammed as the President and CEO of GE Energy Connections’ Power Conversion business, effective July 11, 2016. Mohammed comes to Power Conversion from his most recent role as President and CEO of GE’s Power Services business for Middle East and Africa. Responsible for continuing to build the Power Conversion business, Mohammed will […]

  • 20 July 2016
    Business & Finance

    GE has appointed Azeez Mohammed as the President and CEO of GE Energy Connections’ Power Conversion business, effective July 11, 2016. Mohammed comes to Power Conversion from his most recent role as President and CEO of GE’s Power Services business for Middle East and Africa. Responsible for continuing to build the Power Conversion business, Mohammed will […]

  • 2 February 2011
    Business & Finance

      GE announced the successful closing of its $3 billion acquisition of Dresser, Inc., a global energy infrastructure technology and service provider, from funds managed by Riverstone Holdings LLC and First Reserve Corporation, Dresser management and its other stockholders. The move significantly expands GE’s offerings for energy and industrial customers worldwide and is the latest […]

  • 22 July 2012
    Business & Finance

    GE announced that it will reorganize its Energy business into three standalone businesses effective in the fourth quarter of 2012. The Energy headquarters organizational layer will be phased out by the end of 2012. This change will speed decision making, reduce layers and decrease cost.  GE Energy Infrastructure includes approximately 100,000 employees and will have […]

  • 20 July 2016
    Business & Finance

    GE has appointed Azeez Mohammed as President and CEO of GE Energy Connections’ Power Conversion business.

  • 2 September 2011
    Business & Finance

      GE today announced the successful completion of its $3.2 billion acquisition of Converteam, a leading provider of power conversion and automation systems and high-efficiency power electronics, motors and generators. Converteam’s solutions enable customers in a variety of industries to replace or improve mechanical processes with high-efficiency electric alternatives that deliver better reliability, less maintenance […]

  • 27 April 2011
    Business & Finance

      GE has completed the strategic acquisition of John Wood Group PLC’s Well Support Division, expanding GE Oil & Gas’ extensive drilling and surface manufacturing and services portfolio. The John Wood Group PLC Well Support division, which has over 3,800 employees globally and operates approximately 20 manufacturing and multiple sales and service centers worldwide, is […]

  • 12 April 2012
    Business & Finance

    GE Energy’s Power Conversion business was the successful tenderer for the supply of the major elements of power, control and automation equipment in the mid-life upgrade of a Morris container handling ship-to-shore crane at the port of Felixstowe. Strategically located in south east England, Felixstowe is the United Kingdom’s largest container port and is among […]

  • 30 March 2011
    Business & Finance, Operations & Maintenance, Research & Development

    Converteam announces today the signing of an agreement with GE pursuant to which the financial Converteam shareholders commit to sell their shares to GE. Pierre Bastid and Florent Battistella will retain a significant shareholding in Converteam after the closing of the transaction. This agreement is based upon the founding principles of an ambitious growth business […]

  • 26 January 2017
    Equipment, Infrastructure

    GE Energy Connections has won a contract for the provision of the MV7Series 5 Level power unit, which will sit topside a floating production storage and offloading (FPSO) unit on the Greater Enfield project offshore Australia. GE said on Thursday that the MV7-5L drive would be supplied by GE’s Power Conversion, a sub-business from GE […]

  • 10 April 2017
    Authorities & Government, Business & Finance, Research & Development, Technology

    Offshore Renewable Energy (ORE) Catapult has hired GE Energy Power Conversion UK to supply a grid emulation system that will be used for the testing of wind and marine renewable energy devices.

  • 25 September 2015
    Business & Finance

    GE’s Energy Management President & CEO Mark Begor announced the appointment of Stephan Reimelt as President and CEO of GE’s Power Conversion business, succeeding Joe Mastrangelo who becomes President and CEO of Power Generation Products for GE Power & Water. Power Conversion is GE’s growing business, operating in 160 locations worldwide, with more than 7,000 […]