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GE Oil & Gas Signs Compressor Supply Agreement with Shell - GE Oil & Gas (NYSE: GE) has signed an enterprise framework agreement to supply compressors and associated services for Shell’s projects worldwide over the next six years
GE Oil & Gas Signs Compressor Supply Agreement with Shell

 

PRZOOM - /newswire/ - Florence, Italy, 2012/01/30 - GE Oil & Gas (NYSE: GE) has signed an enterprise framework agreement to supply compressors and associated services for Shell’s projects worldwide over the next six years. NYSE: GE

   
 
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• Agreement Includes Shell’s Global Projects over the Next Six Years;
• Covers LNG, Natural Gas, Refining and Petrochemical Compressor Applications.

Under the agreement, Shell will have access to GE’s most advanced, high-tech compressor technology for deployment in Shell’s key projects in high-growth regions, including Australia, West Africa, Russia and the Caspian region and Canada.

Prady Iyyanki, vice president—turbomachinery, GE Oil & Gas, said,“GE is committed to delivering enhanced value and efficiency to its global customers, including through the delivery of rigorously qualified and validated pre-engineered solutions that equate to faster execution in the pre- and post-order phases. Building on our successful cooperation with Shell over many years across the industry’s most challenging sectors, this agreement will help improve quality and repeatability for Shell, as well as boosting efficiency and optimizing production for its mega-projects around the world.”

The GE equipment covered under the compressor enterprise framework agreement with Shell will be manufactured at GE Oil & Gas’ facilities in Florence, Italy, and Le Creusot, France. The agreement includes the supply of centrifugal compressors for the following key market segments: liquefied natural gas (LNG) services, natural gas, refining and petrochemical applications.

GE also has recently announced it will supply two steam turbine-driven compressors for the Shell Prelude Floating Liquefied Natural Gas (FLNG) project offshore Australia—which will be the largest floating offshore facility in the world. To meet the specific project requirements, GE is minimizing the casings of the steam turbines and compressors to reduce weight and footprint. GE is designing the compression trains to cover a wide range of operating conditions, developing a technology for potential use in future FLNG plants.

About GE
GE (ge.com) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works.

GE also serves the energy sector by providing technology and service solutions that are based on a commitment to quality and innovation. The company continues to invest in new technology solutions and grow through strategic acquisitions to strengthen its local presence and better serve customers around the world. The businesses that comprise GE Energy—GE Power & Water, GE Energy Management and GE Oil & Gas—work together with more than 100,000 global employees and 2010 revenues of $38 billion, to provide integrated product and service solutions in all areas of the energy industry including coal, oil, natural gas and nuclear energy; renewable resources such as water, wind, solar and biogas; as well as other alternative fuels and new grid modernization technologies to meet 21st century energy needs.

PRESS Contacts
Kate Culman, Masto Public Relations
P: +1 518 786 6488 / E: kate.culman[.]mastopr.com.

Ken Darling, Masto Public Relations
P: +1 518 786 6488 / E: kenneth.darling[.]ge.com.

GE news, Masto Public Relations / E: information[.]mastopr.com.

 
 
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GE Oil & Gas Signs Compressor Supply Agreement with Shell

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