DOJ: Requests More Info On GE Buyout of Baker Hughes
General Electric Company and Baker Hughes Incorporated today announced that the companies have each received a request for additional information (“second request”) from the United States Department of Justice (“DOJ”) in connection with the pending combination of GE’s oil and gas business with Baker Hughes. The second requests were issued …
GE and Baker Hughes Agree to Create New Fullstream Digital Industrial Services Company
GE and Baker Hughes today announced that the companies have entered into an agreement to combine GE’s oil and gas business (“GE Oil & Gas”) and Baker Hughes to create a world-leading oilfield technology provider with a unique mix of service and equipment capabilities. The “New” Baker Hughes will be a leading equipment, technology and …
Rosneft and General Electric Lay the Foundation for Joint Research
Rosneft and General Electric signed a Technology Cooperation Agreement at the 18th St. Petersburg International Economic Forum in furtherance of the initiative to set up a research and development center. The Technology Cooperation Agreement provides for a mechanism whereby individual targeted R&D agreements will be signed. This lays the foundation …
Rosneft and General Electric Expand Science and Technology Cooperation
Rosneft and General Electric signed an Agreement to set up a series of joint ventures. The document was signed by Rosneft President Igor Sechin and General Electric CEO Jeffrey Immelt in the presence of the Prime Minister of the Russian Federation Dmitry Medvedev. The Agreement is aimed at the expansion …
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 & …
Rosneft and General Electric Sign Long-Term Power Service Contract
Rosneft and General Electric (GE) have signed a contract to service five 6FA packaged gas turbine units. These units are to be supplied by GE under an agreement signed in June for the thermal power plant at the Eastern Petrochemical Company, which is currently under construction by Rosneft. Igor Sechin, …
Cooperation between Rosneft and General Electric
On June 21, 2012 I. Sechin, Rosneft President, and John Krenicki, GE Vice Chairman President and CEO of GE Energy, and Cristiano Tortelli, GE Energy CEO for CEE, Russia and CIS, signed a Memorandum of Understanding and a Cooperation Agreement. These documents provide for implementation of joint projects intended to …