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GE Oil & Gas Awarded $32M Equipment Contract by PlusPetrol Peru - GE Oil & Gas has been awarded a $32 million contract by PlusPetrol Peru Corporation S.A. to supply compression and reinjection upgrade equipment to boost the output of the Malvinas Natural Gas Liquid (NGL) processing plant (NYSE: GE)
GE Oil & Gas Awarded $32M Equipment Contract by PlusPetrol Peru

 

PRZOOM - /newswire/ - Lima, Peru, 2010/10/12 - GE Oil & Gas has been awarded a $32 million contract by PlusPetrol Peru Corporation S.A. to supply compression and reinjection upgrade equipment to boost the output of the Malvinas Natural Gas Liquid (NGL) processing plant (NYSE: GE). NYSE: GE

   
 
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PlusPetrol Peru Corporation S.A. to supply compression and reinjection upgrade equipment to boost the output of the Malvinas Natural Gas Liquid (NGL) processing plant, located 400 kilometers from Lima at the southern section of the Peruvian Amazon Rainforest.

Under the contract, GE will upgrade two existing GE Frame-5C Dry Low Nox (DLN) gas turbine modules with Frame-5D DLN technology to reduce emissions and Extendor kit technology to reduce outages and extend the life cycle of the equipment. In addition, three existing Frame-5D DLN modules will be upgraded with Extendor kits.

Jeff Nagel, vice president—global services for GE Oil & Gas said: “The Malvinas NGL plant is vital to meeting demand for gas in Peru and other areas. The award of this important PlusPetrol contract strengthens our relationship as a reliable supplier and consolidates our expanding role in the Latin America NGL sector.”

The equipment was manufactured in Florence, Italy, and shipped to Peru in March 2010. With the use of trucks prohibited in the environmentally sensitive region, GE overcame the logistical challenge of ‘on-time’ delivery by taking advantage of seasonal swelling of the Amazon and Urubamba Rivers to transport the two 60-tonne modules to the Malvinas plant.

GE is aggressively expanding its presence across Latin America‘s oil and gas sector, with more than 1,000 gas turbines and compressors installed throughout the region. In addition, the company has inspected more than 50,000 kilometers of oil, gas, water and refined product pipelines in Latin America.

About GE Oil & Gas
GE Oil & Gas (ge.com/oilandgas) is a world leader in advanced technology equipment and services for all segments of the oil and gas industry, from drilling and production, LNG, pipelines and storage to industrial power generation, refining and petrochemicals. We also provide pipeline integrity solutions, including inspection and data management, and design and manufacture wire-line and drilling measurement solutions for the oilfield services segment. As part of our 'Innovation Now' customer focus and commitment, GE Oil & Gas exploits technological innovation from other GE businesses, such as aviation and healthcare, to continuously improve oil and gas industry performance and productivity. GE Oil & Gas employs more than 12,000 people worldwide and operates in over 100 countries.

About GE
GE (ge.com) is a diversified infrastructure, finance and media company taking on the world’s toughest challenges. From aircraft engines and power generation to financial services, health care solutions and television programming, GE operates in more than 100 countries and employs about 300,000 people worldwide.

Press Contacts
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 Awarded $32M Equipment Contract by PlusPetrol Peru

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