GE Oil & Gas to Establish New Global Headquarters in London
Florence to Remain the Global Headquarters for Turbomachinery Products & Services Business and a Key Manufacturing and Engineering Site GE Oil & Gas today announced it will establish its new global headquarters in London. Florence will remain the global headquarters for GE Oil & Gas Turbomachinery Products & Services, a …
Rosneft and General Electric Sign Strategic Cooperation Agreement
Rosneft and General Electric signed a Strategic cooperation agreement during the St Petersburg International Economic Forum. The Agreement was signed by Igor Sechin, Rosneft President and Chairman of the Management Board, and Jeffrey Immelt, GE Chairman and CEO, [in the presence of the Russian President Vladimir Putin]. The Agreement will …
Igor Sechin Visits GE Production Facilities and Engineering Centers in Great Britain and USA
As part of working trips to Great Britain and the USA on April 23-26, 2013 Igor Sechin, Rosneft President and Chairman of the Management Board, visited GE production facility of offshore and subsea solutions in Aberdeen (UK) and GE’s Global Research Center in Niskayuna (USA). As part of the visits …
Rosneft Head Visited GE Offshore And Underwater Hydrocarbon Production Department in Britain
Igor Sechin, Rosneft President, Chairman of the Management Board visited GE Offshore and Underwater Hydrocarbon Production Department in the English 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 & …
GE to Acquire Lufkin Industries
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 …
GE Launch Addressable Downhole Switch – ADS
The Addressable Downhole Switch (ADS) electrically connects or isolates the tool string beneath it, as instructed by the Addressable Downhole Switch Panel (ADSP). It provides a barrier to the accidental application of power to any tool located beneath it, and it can be integrated into a variety of toolstring configurations. …
GE Launch Adressable Downhole Release Tool
The Addressable Downhole Release tool enables the wireline to be detached on command in the event that tools become stuck downhole. Once unlatched a standard fish neck allows the detached tools to be fished easily. The ADR reduces the risk of the wireline becoming stuck in the hole and allows …
GE Oil & Gas Launches CHA Hydraulic Actuator Series at ONS 2012
Offers New Features for Increased Drilling Safety Operates at Supply Pressures up to 6,000 psi Expanding its portfolio of hydraulic actuators for the surface drilling sector, GE Oil & Gas is launching the CHA Hydraulic Actuator Series at the Offshore Northern Seas (ONS) 2012 Conference and Exhibition being held August …
GE Signs Agreement to Acquire Naxys, a Norway-Based Supplier of Leak Detection and Condition Monitoring Sensors for Subsea Applications
GE announced it has entered into an agreement to acquire Naxys, a provider of subsea leak detection and condition monitoring sensors based on passive acoustic technology. The acquisition, which is subject to regulatory approval and other customary closing conditions, further expands GE’s monitoring and sensing solutions and will be part …
GE Simplifies Energy Businesses
GE announced today that it will reorganize its Energy business into three standalone businesses effective in the fourth quarter of 2012. The Energy headquarters organizational layer will be phased out by the end of 2012. This change will speed decision making, reduce layers and decrease cost. GE Energy Infrastructure includes …