GE today announced the largest expansion of its Batam manufacturing facility to date, with the construction of a high bay for a new line of subsea wellhead equipment that will further increase local content. Making the announcement at the Indonesia Petroleum Association’s (IPA) 37th Annual Convention, Visal Leng, regional general manager of GE Oil & [...]
GE Oil & Gas is launching its next-generation SeaONYX* blowout preventer (BOP) surface control system and operator interface at the 2013 Offshore Technology Conference (OTC). Designed for high-speed, reliable performance in the demanding deepwater drilling environment, the new system incorporates GE’s Mark* Vle hardware and Proficy* software tools, which have been proven in a wide [...]
GE’s Measurement and Control business today announced two innovative condition monitoring and sensing solutions for the subsea sector: the Acoustic Leak Detection System and the Subsea Multi-Domain Condition Monitoring System. Representing the first products resulting from GE’s acquisition of Naxys in 2012, these solutions allow oil and gas operators to monitor the integrity of their [...]
In a move that could change the way the maritime industry views propulsion technology, GE’s Power Conversion business has increased its offshore systems portfolio with Inovelis,
GE’s Power Conversion business (NYSE: GE) has signed a multi-million dollar contract with shipbuilder Hyundai Heavy Industries (HHI) of Ulsan, South Korea. GE will supply electric power, propulsion systems and drilling drives for a new semi-submersible drilling platform HHI is building for Seadrill Ltd., which is expected to work in either the North Sea or [...]
Igor Sechin, Rosneft President, Chairman of the Management Board visited GE Offshore and Underwater Hydrocarbon Production Department in the Scottish city of Aberdeen as part of a series of Rosneft delegation visits to GE production and engineering facilities. During the visit Rod Christie, Vice President, Subsea Systems, GE Oil & Gas and Ron Pollett, President [...]
Improved performance, efficiency, and sustainability all figure strongly in the new solutions that GE’s Power Conversion business is unveiling at OTC 2013, the Offshore Technology Conference taking place in Houston, TX, on May 6-9. Technology innovations that the company will display in its exhibition booth, 3163, in Hall C, include: • Enhanced Dynamic Positioning system [...]
GE Oil & Gas yesterday announced that its Subsea Systems business is hosting an invitation-only careers showcase event at its Nailsea subsea controls facility in Bristol this Saturday, April 20. The event comes as GE is looking to fill 100 new positions and is expanding its U.K. subsea production facilities to meet the strong demand [...]
April 17, 2013 | Posted in
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GE and Lufkin Industries Inc. announced today a joint agreement whereby GE will acquire Lufkin Industries Inc., a leading provider of artificial lift technologies for the oil and gas industry and a manufacturer of industrial gears, for approximately $3.3 billion. Lufkin shareholders will receive $88.50 per share in cash for each of their Lufkin shares. [...]
General Electric announced that it will build a new Global Research Center in Oklahoma dedicated to driving innovation and technological advancements in the oil and gas sector and bringing products to market faster. The new facility, which is GE Research’s first sector-specific Center, represents a $110 million investment by the company and will result in [...]
April 4, 2013 | Posted in
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