Search results for: GE Oil & Gas

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  • 11 April 2016
    Business & Finance, Equipment, Infrastructure, Project & Tenders

    London-based GE Oil & Gas has informed that it has started production of four high pressure, high temperature (HP/HT) dynamic flexible risers for Shell’s Prelude FLNG. Often dubbed as the world’s largest offshore floating facility, the Prelude floating liquefied natural gas facility will be located 250 km off Western Australia’s Kimberly Coast. GE Oil & Gas, a subsidiary […]

  • 30 October 2015
    Business & Finance

    GE Oil & Gas has agreed to acquire Norway-based Advantec, a subsea intervention equipment and services provider, to boost its capabilities to offer cost-efficient products and services to customers. GE Oil & Gas says the purchase is part of its efforts to address the challenges faced by its customers operating the growing number of mature […]

  • 14 June 2016

    GE Oil & Gas signed a memorandum of understanding with Technip aimed at exploring co-development of digital solutions for the liquefied natural gas industry.

  • 19 February 2016
    Business & Finance

    GE Oil & Gas has signed a Master Service Agreement with Statoil for new subsea projects that will enable GE to continue to support the international energy company in a low oil price environment. According to GE O&G, the global agreement forms the basis for potential new contracts for subsea equipment and services on new […]

  • 16 November 2016

    Oil major BP and oilfield technology giant General Electric (GE) have launched a new digital solution which the companies claim is designed to improve the efficiency, reliability, and safety of BP’s oil and gas production operations. The solution has been named the Plant Operations Advisor (POA),  GE said on Tuesday that the Plant Operations Advisor […]

  • 30 October 2015
    Business & Finance, Project & Tenders

    GE Oil & Gas has agreed to acquire Advantec, a provider of subsea intervention equipment and services. Advantec will operate under the existing name and management team as part of GE Oil & Gas’ Subsea Services & Offshore division. As such, it will continue to supply products and services directly to existing and new clients, […]

  • 14 April 2016
    Business & Finance

    GE Oil & Gas and SapuraKencana Well Services have signed a Memorandum of Understanding (MoU) announcing an Asia-Pacific wide agreement to deliver light well intervention services.  According to the pair, the deal was made in order to unlock previously uneconomic subsea intervention activity. In the press release, the companies explained that the strategic alliance would […]

  • 14 September 2016
    Project & Tenders

    GE Oil & Gas said it has been awarded a contract to supply gas turbine-driven compressors for a third natural gas liquefaction train for the Tangguh LNG expansion project.

  • 16 January 2017

    UK Export Finance (UKEF), a European export credit agency, will provide $400 million in support of a GE Oil & Gas contract with Ghana’s Offshore Cape Three Points Project. UKEF is supporting a GE Oil & Gas contract worth $850 million, which will in turn support jobs in the Aberdeen and Bristol areas. The contract for […]

  • 17 September 2015

    DNV GL has launched a new service specification for functional safety certification that will be applied for the certification of a High Integrity Pressure Protection System (HIPPS). GE Oil & Gas UK Ltd, an equipment and services’ providers in the oil and gas, has commissioned DNV GL to carry out a third-party inspection and certification of […]

  • 21 September 2015
    Business & Finance

    GE Oil & Gas has signed a Long Term Service Agreement (LTSA) with Chevron Australia to provide subsea services for the company’s operated natural gas assets located off the northwest coast of Western Australia. According to the agreement, GE will supply a range of services including project management, inventory storage, preventative maintenance and obsolescence management. […]

  • 28 November 2016

    Tellurian Investments on Monday said that GE Oil & Gas made a US$25 million equity investment in the company at an implied price of $5.94 per share.

  • 7 November 2016

    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 […]

  • 7 March 2011
    Business & Finance, Research & Development

      GE Oil & Gas has received a $7 million contract from Total E&P UK Ltd of Aberdeen, Scotland to supply drilling and production equipment for the expansion of the Elgin Franklin gas field in the North Sea. To meet the extreme well pressure and temperature demands of the project, GE is supplying surface wellhead […]

  • 1 February 2016
    Business & Finance, Equipment

    GE Oil & Gas has been awarded what it claims is the first ever global maintenance agreement for an entire fleet of FPSOs owned by the world’s largest provider of FPSO vessels, SBM Offshore.  Under the agreement, GE Oil & Gas will provide spare parts, depot overhauls, field services and digital solutions including Remote Monitoring & Diagnostics […]

  • 22 March 2017

    GE Oil & Gas has opened a new facility in Takoradi Port, Ghana, which will be the primary service center for deep-water offshore projects in the country. GE said on Wednesday that it would deliver more than 45,000 training hours for Ghanaian personnel at the facility over the next five years to build a world-class […]

  • 22 August 2016
    Business & Finance, Equipment

    GE Oil & Gas has entered into a frame agreement by Oil and Natural Gas Corporation Limited (ONGC) India for 55 subsea wellheads for the company’s drilling campaign offshore India. GE said on Monday that the contract further expands a long cooperation between the two companies spanning for more than 30 years. GE has supplied ONGC […]

  • 7 December 2011
    Project & Tenders

    GE Oil & Gas has signed a contract with Qatar Operating Company Limited (Qatargas) to supply advanced combustion technology that will reduce gas turbine emissions at the Qatargas 1 Utility complex to meet new regulations from the Qatari Ministry of Environment. The deal was announced by GE at the 20th World Petroleum Congress in Doha. […]

  • 28 January 2013

    GE Oil & Gas announced new global projects and product launches as part of its ongoing commitment to key growth regions, technology development and helping customers optimize their efficiency. The investments and projects span a range of sectors including subsea, gas compression and enhanced oil recovery. “These announcements underscore GE Oil & Gas’ commitment to […]

  • 13 December 2013

    Expanding its presence in the industrial gears sector, GE Oil & Gas, a GE business has signed an agreement to acquire Allen Gearing Solutions (Allen Gears), a privately held designer, manufacturer and service provider of gears for industrial and marine applications. The move comes two years after GE acquired a 35 percent minority interest in […]

  • 12 February 2015
    Business & Finance, Research & Development

    GE Oil & Gas has invested more than £13.5 million across its subsea manufacturing facilities in Montrose, Scotland, enhancing the business’s test and assembly (T&A) and manufacturing capabilities. The company has completed construction of a 1,000m2 heat treat and cladding workshop at its Brent Avenue facility, with structural work beginning on a new 600m2 administration […]

  • 23 September 2013

    GE announced that Lorenzo Simonelli, who currently leads GE Transportation, will succeed Dan Heintzelman as president and CEO of GE Oil & Gas. Simonelli is a 19-year GE veteran and has been president and CEO of GE Transportation since 2008. He joined GE in 1994 and is a graduate of GE’s Financial Management Program. Simonelli […]