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February 14, 2016 1:03 PM ET

Energy Equipment and Services

Company Overview of GE Oil & Gas SpA

Company Overview

GE Oil & Gas SpA develops, manufactures, and provides technology equipment and services for the oil and gas industry in Italy and internationally. It offers air-cooled heat exchangers, centrifugal pumps, compressors, reactors, steam condensers, reducing and metering systems, turboexpanders, control and safety valves, hydraulic actuators for surface drilling, capital drilling equipment, floating production systems, mudline equipment, and subsea and surface drilling and production systems. The company offers contractual, remote monitoring and diagnostic, multivendor, pipeline inspection, technical support, and maintenance and repair services; OEM spare parts; and technical training in plant an...

Via Felice Matteucci, 2

Florence, FI 50127

Italy

Phone:

39 05 54 23 82 80

Fax:

39 05 54 23 28 00

Key Executives for GE Oil & Gas SpA

Chief Executive Officer and President
Age: 42
Chairman of GE and Chief Executive Officer of GE
Age: 58
Chief Executive Officer for Latin America and President for Latin America
Global Sales Leader
Chief Technology Officer
Age: 47
Compensation as of Fiscal Year 2015.

GE Oil & Gas SpA Key Developments

GE Oil & Gas Signs EUR 102 Million Contractual Service Agreement to Provide Services for PT Donggi Senoro LNG

GE Oil & Gas has signed EUR 102 million contractual service agreement to provide services for PT Donggi Senoro LNG (DSLNG). The Donggi Senoro LNG plant has capacity of two million tons of LNG and associated condensate a year. Under the long-term agreement, GE will also monitor and ensure the performance of the non-GE equipment supplied by other original equipment manufacturers (OEMs) for LNG plant. Additionally, the company will provide full package services, including planned (spare parts, repairs, supervision and manpower) and unplanned maintenance as well as Full Reliability Max Predictivity Solution package for the facility.

GE Oil & Gas Launches New NovaLT5 Gas Turbine

GE Oil & Gas has announced the launch of new low-power range NovaLT5 gas turbine. The NovaLT5 'sister' turbine is a 5MW range turbine available in both single-shaft and double-shaft configurations. It has 30.7-31.5% electrical/mechanical efficiency and up to 24,000 hours between maintenance, resulting in significantly lower operating and maintenance costs. The modular maintenance philosophy of both turbines enables extremely short intervals for conducting maintenance activities. The compact design of the NovaLT5 makes it ideal for operations with challenging footprint and height restrictions. The high exhaust temperature also makes it well-suited to Heat Recovery System (HRS) operations. The first 20 NovaLT5s have been sold to the China Aviation Gas Turbine Company, a Chinese engineering company specialized in the resourcing and integration of gas turbines. The deal demonstrates GE Oil & Gas is a supplier of low-power-range turbines and a great partner which supports supporting technical development locally. CAGT in fact will manufacture the GT packages and sell them directly.

GE OIL & GAS Presents at Abu Dhabi International Petroleum Exhibition & Conference 2015, Nov-09-2015

GE OIL & GAS Presents at Abu Dhabi International Petroleum Exhibition & Conference 2015, Nov-09-2015 . Venue: Abu Dhabi, United Arab Emirates. Speakers: Sanker Ganesh, Senior Project Manager.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 30, 2015
ADVANTEC AS
 

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