GE Oil & Gas announced the booking of an US$850 million order across its oil and gas business for the supply of equipment to the Offshore Cape Three Points (OCTP) block, Ghana. The OCTP block is located in offshore Ghana at a water depth of 500-1100 meters…
GE has launched GE Marine, a new organization focusing on the merchant, offshore and naval industries, to be led by Tim Schweikert, VP, GE Marine. This new organization brings together GE’s commercial and technological expertise in the…
GE has agreed to acquire the Subsea Electric Actuator product line of Oceaneering, a global provider of engineering services and products to the oil and gas industry. The product line goes to market under the Oceaneering Subsea All Electric and Ifokus brand…
GE opened its US$500 million Brazil Technology Center in Rio de Janeiro. The research hub will focus on developing advanced technologies for offshore oil and gas exploration and production. The center, GE’s first in Latin America…
GE launched its new technology center and a new deepwater vertical Xmas tree at this year’s ONS. Meg Chesshyre learned more. The inauguration of GE’s new technology solutions center, including a half-size model of its new deepwater Xmas tree…
GE's latest Deepwater Vertical Xmas Tree is designed to reduce delivery lead times, with the objectives of higher reliability and extended service life. Rated for depths of up to 3000m, it is equipped with the SemStar5-R, GE’s next-generation…
Petrobras awarded GE Oil and Gas a subsea equipment supply contract for pre-salt fields worth approximately US$300 million. The contract includes eight manifolds that will be designed with retrievable injection modules to allow water-alternated gas injection for up to four wells…
GE Oil & Gas announced that it is providing both technology and capital to help expedite construction of the Freeport LNG gas liquefaction and liquefied natural gas (LNG) export project in Southeast Texas. GE is supplying the main refrigeration compressors…
GE Intelligent Platforms will resell Dream Report as a report generation tool for use across their automation software portfolio of products, announced Ocean Data Systems (ODS). Dream Report already includes drivers for most GE Intelligent…
GE’s Measurement & Control business announced a minority equity investment in Meridium. The companies will enter into a joint development and distribution agreement that will integrate Meridium’s asset performance management (APM) software…
Canada’s SNC-Lavalin has agreed to buy Jersey-based oil and gas services company Kentz Corporation in a deal valuing the Kentz at £1.2 billion (C$2.1 billion). SNC-Lavalin said the move was part of its strategy to become a global Tier-1 engineering and construction company…
GE Oil & Gas has unveiled its next-generation blowout preventer (BOP) program aimed at making 20,000psi (20ksi) subsea formations the next frontier in offshore oil and gas exploration. Current GE subsea BOPs are only rated for 15ksi. However…
GE formally opened its newly expanded oil and gas facility in Fót, Hungary. The GE Oil & Gas manufacturing plant has been substantially enlarged with the addition of a new 8000sq m manufacturing facility and a new office building of 3000sq m…
Chevron Energy Technology Company and GE Oil & Gas have formed a technology alliance to develop and commercialize technologies for the oil and gas industry. TheChevron GE Technology Alliance will build on existingcollaboration between…
GE Oil & Gas today announced the opening of a logistics base for the Brazilian oil and gas sector. With an area of 590,000sq. ft and investments that exceed US$100 million, GE’s base in Niteroi in the state of Rio de Janeiro was designed primarily to load and unload installer ships…
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