GE JV awarded $320m South Korean transmission contract
GE Power has been awarded a $320 million contract through its joint venture, KAPES, by Korea Electric Power Corporation (KEPCO) to provide equipment and expertise to deliver a 4 GW HVDC transmission link from the power complex located East of South Korea, to Seoul’s metropolitan area that represents around 40% of global Korean energy demand....
Saudi Aramco awards $175 million contract to BHGE
Saudi Aramco has awarded a $175 million contract to Baker Hughes, a GE company to drive enhanced production at the Haradh and Hawiyah gas fields, underlining the strong local partnerships of BHGE in the Kingdom. Part of Al-Ghawar, the world’s largest oilfield, Haradh and Hawiyah gas fields play a key role in supporting the Kingdom’s...
GE sign $400m Iraq power contract to build 14 Electric Substations
The Iraqi Ministry of Electricity (MoE) has signed an agreement worth over $400 million with GE Power (NYSE: GE) to develop 14 electric substations on a turnkey basis and supply critical equipment such as transformers, circuit breakers and other outdoor equipment to rehabilitate existing substations and bring much-needed power to areas facing significant electricity shortages...
Baker Hughes awarded contract by Nigeria LNG
Baker Hughes, a GE company (NYSE: BHGE) has signed an agreement for the provision of Asset Performance Management (APM) software and services for LNG trains and related Balance of Plant (BoP) by Nigeria LNG Limited (NLNG). NLNG shareholders are Nigerian National Petroleum Corporation (49%), Shell Gas B.V. (25.6%), Total Gaz Electricite Holdings France (15%), and...
Baker Hughes win Zohr Gas Field work
Baker Hughes, a GE company, announced a major subsea contract from Petrobel for phase two of the “supergiant” Zohr Gas Field situated in the Mediterranean Sea, off the Egyptian coast. The project underscores the company’s position as the world’s first and only integrated fullstream provider of cutting-edge subsea technology, products, services and digital solutions. As...
BHGE awarded second major contract for Coral South FLNG
Baker Hughes, a GE company has announced a second major contract for Eni East Africa’s (EEA) Coral South FLNG development, offshore Mozambique, underlining the company’s position as the world’s first and only integrated fullstream provider of products, services and digital solutions that maximize productivity, efficiency and cost reduction. The contract was awarded in 2Q this...
GE wins $1.4bn power plant contracts in Iraq
GE (NYSE:GE) announced today that it has secured more than $1.4 billion in orders from Iraq’s Ministry of Electricity to set up power plants as well as provide technology upgrades and maintenance services. The announcement further strengthens GE’s collaborations in Iraq to support the country’s power infrastructure and meet the growing need for electricity. GE...
Saudi Aramco take delivery of first wind turbine
Executives from Saudi Aramco’s Power Systems and General Electric (NYSE: GE) gathered in Dhahran recently to celebrate the delivery of the first wind turbine in Saudi Arabia, marking a historic milestone for renewable energy in the Kingdom. Supplied by GE, the 2.75-120 wind turbine will provide power to Saudi Aramco’s Bulk Plant located in Turaif,...
Saudi Aramco, GE to build $400m forging unit
Saudi Aramco has signed a Memorandum of Understanding (MoU) with GE (NYSE: GE) and Cividale SpA of Italy to build the Middle East and North Africa’s first-of-its-kind high-end forging & casting manufacturing facility that will serve the region’s maritime and energy industries. Marking a joint investment of over US$400 million (SAR1.5 billion), the new facility,...
Emirates signs £16bn engine deal with GE
Emirates has signed a $16 billion agreement with GE Aviation for maintenance, repair and overhaul (MRO) of the GE9X engines that will power the airline’s fleet of 150 Boeing 777X aircraft over a 12 year period. This is Emirates’ largest single engine MRO contract so far. At the 2013 Dubai Air Show, Emirates had placed...
GE awarded Iraq turbine deal
GE has received an order from Mass Global Investment Company to provide advanced gas turbines for a new 3-gigawatt (GW) power plant in Bismayah, only 30 kilometers away from Baghdad within a major housing development project. The plant will support Baghdad and Bismayah and will be able to generate the equivalent power needed to supply...
GE Lands $850m Ghana Order
GE has secured an $850 million deal across its oil & gas business for the supply of equipment to the Offshore Cape Three Points (OCTP) block, Ghana. According to GE, this order incorporates both turbomachinery and subsea elements, with the first shipment planned for Q4 2015. Further shipments are planned in order to deliver first...