General Electric Co. (GE) Chairman and CEO Jeff Immelt – who transformed the company into a digital industrial portfolio aligned to oil and gas and other key markets – will step down as CEO and retire from the company at year-end 2017. Immelt…
GE and Noble Corp. have entered a partnership to collaborate on the Digital Rig(SM) solution, enabling data-driven operational efficiency by using data analytics, with the target of a 20% reduction in operational expenditure across the rigs…
GE Oil & Gas opened a new facility in Takoradi Port, Ghana, that will be the primary service center for its deepwater offshore projects in Ghana. The facility has a 1600sq m indoor test area with capability for testing three subsea trees (XTs) simultaneously…
GE Energy Connections has been chosen to supply its MV7Series 5 Level (MV7-5L) drive, which will sit topside on a floating production storage and offloading (FPSO) unit for the Greater Enfield project. Located 60km off Exmouth in Western Australia…
UK Export Finance (UKEF) will provide US$400 million in support for a GE Oil & Gas contract the Offshore Cape Three Points (OCTP) project in Ghana. UKEF will provide $400 million of support to the OCTP project, including a loan under its direct lending facility…
Eni and General Electric (GE) have entered an agreement to develop renewable energy projects and hybrid solutions with a focus on energy efficiency. Through this agreement, Eni and GE intend to jointly identify and develop large-scale power generation projects from renewable energy sources…
BP and GE Oil & Gas announced the start-up of Plant Operations Advisor (POA), a new digital solution designed to improve the efficiency, reliability and safety of BP’s oil and gas production operations. POA is already helping BP manage the…
GE Oil & Gas is set to offer a new, compact take on multiphase subsea boosting. Elaine Maslin reports. Image from GE Oil & Gas. By the end of this year, GE Oil & Gas hopes to…
Sonardyne has delivered an acoustic positioning simulator for dynamically positioned (DP) rigs and ships to GE Power Conversion, a vessel control and automation company, for their new training school in Macaé, Brazil. The Sonardyne Marksman…
Oil major Shell has completed system testing of the Ormen Lange subsea compression pilot in Norway, technology provider GE Oil & Gas has said. GE says it is the world’s first subsea gas compression system with a full subsea power supply…
Subsea power remains on the agenda for the subsea processing systems of the future. Elaine Maslin surveys the main players’ progress in producing subsea power distribution systems. The subsea factory – as envisioned by ABB…
GE’s Marine Solutions business and Sembcorp Marine entered a deal for GE is set to provide technology for Heerema’s new Sleipnir semisubmersible crane vessel. At 220m long and 102m wide, Sleipnir is to become the world’s largest crane vessel…
National Oilwell Varco (NOV) and GE Oil & Gas entered into an agreement to collaborate on delivering integrated solutions for floating production storage and offloading (FPSO) vessels. Image from GE…
GE’s Marine Solutions was awarded a service contract by CIMC Raffles to provide the first dry-dock services on two of Gazflot’s semisubmersible drilling vessels, the Northern Lights and Polar Star. During the dry-docking, GE’s Marine…
GE Oil & Gas has completed the qualification of its upgraded 36kV high voltage wet mate connector. MECON WM 36/500 is designed to offer greater reliability and predictability in subsea power system connections, and can be used with equipment such as transformers…
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