PRTODAY / NewswireToday Free press release distribution service network

More news: Energy
Written by / Agency / Source: General Electric Company

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

GE Awarded US$620 Million Services Contract in Australia for QGC - GE Oil & Gas has received a US$620 million, 22-year contractual service agreement (CSA) to provide a broad range of advanced technology services for QGC’s Queensland Curtis LNG (QCLNG) plant off the east coast of Australia  (NYSE: GE)
GE Awarded US$620 Million Services Contract in Australia for QGC

 

NewswireToday - /newswire/ - Brisbane, Australia, 2013/03/19 - GE Oil & Gas has received a US$620 million, 22-year contractual service agreement (CSA) to provide a broad range of advanced technology services for QGC’s Queensland Curtis LNG (QCLNG) plant off the east coast of Australia (NYSE: GE). NYSE: GE

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

• Innovative Technology Services Key to Long-Term Plant Reliability;
• QGC Building the World’s First Facility to Turn Coal Seam Gas into LNG;
• GE Regional, Global Resources to Support Project.

GE Oil & Gas (NYSE: GE), a leading supplier of equipment and services for liquefied natural gas (LNG) projects worldwide, has received a US$620 million, 22-year contractual service agreement (CSA) to provide a broad range of advanced technology services for QGC’s Queensland Curtis LNG (QCLNG) plant off the east coast of Australia.

QGC, parent company BG Group, and GE executives, including GE Chairman and CEO Jeff Immelt, were present at the signing of the CSA today in Australia.

One of Australia’s largest infrastructure projects, the QCLNG plant will be the world’s first facility to turn coal seam gas into LNG. Coal seam gas is plentiful in Australia and will form the basis for the growing Australian LNG industry. The QGC plant is the first of four LNG projects scheduled for Curtis Island and is expected to begin production in 2014, with the LNG produced primarily targeted for export including to China, Japan and Singapore.

In welcoming the contract, Immelt said,“The QGC project on Curtis Island is a glimpse of the future. As the world’s first facility to turn coal seam gas into LNG, it validates Australia’s commitment to innovative solutions and its position as a leader in LNG.”

“It is also a great example of how industrial internet-based services where we connect advanced machines, data and experts can deliver better outcomes for our customers and society. GE is proud to be QGC’s partner in providing advanced technologies and services that enable reliable production of LNG and help meet the growing global demand for energy,” Mr Immelt said.

The GE scope of work will include planned and unplanned maintenance of the GE equipment being installed at the QCLNG plant, including 15 PGT25+G4 aeroderivative gas turbines, 28 centrifugal compressors, gearboxes, generators and all auxiliaries. The agreement also includes monitoring and diagnostic services, as well as reliability guarantees on the equipment.

In announcing the contract, BG Group Chief Executive Chris Finlayson said,“As construction of the QCLNG Project passes the half-way mark we are increasing our focus on how we are going to operate the facilities safely and efficiently in the decades ahead. BG Group is committed to reducing emissions through advanced, proven technologies and design.”

“Using GE’s technology will contribute to the QCLNG plant being one of the most emissions-efficient facilities of its kind in the world. Liquefied natural gas has an important role to play in the management of global greenhouse gas emissions. When used as a substitute for coal, particularly in developing economies, liquefied natural gas from the QCLNG Project could reduce greenhouse gas emissions by more than 35 percent,” Mr Finlayson said.

The QCLNG project will be supported by GE resources in the Asia Pacific region and worldwide. Maintenance activities on the power turbines and compressors will take place at GE Oil & Gas facilities in Jandakot, Western Australia and in Florence, Italy. Monitoring and diagnostics will be provided from GE Oil & Gas’ global iCenters, located in Florence, Houston and Kuala Lumpur. These centers house teams that constantly track and advise on the performance of installed equipment, enabling customers to optimize plant availability and life cycle of parts.

This ability to ‘predict-and-prevent’ service and maintenance issues through the industrial internet a connected network of technology, data and experts is a core part of GE’s strategy to deliver the most advanced service solutions to its customers.

QGC is part of the international BG Group that was formed in 1996. The Queensland Curtis LNG project draws upon QGC’s extensive coal seam expertise and BG Group’s international experience in LNG, at a time of rising global demand for cleaner, more efficient energy. LNG also helps to address climate change by allowing natural gas, which has the lowest carbon emissions of all fossil fuels, to be transported economically around the world.

Further demonstrating GE’s broad portfolio of products and services for the LNG industry, GE Power & Water has supplied on-site power generation and water filtration equipment for the new water treatment plant near Chinchilla in Queensland to support the QCLNG project.

QGC is headquartered in Brisbane and is engaged in the exploration, evaluation, development and production of coal seam gas. QGC’s project supports the country’s efforts to leverage its coal seam gas resources to become the world’s leading exporter of LNG. Australia now has under construction 70 percent of the world’s LNG capacity, capable of supporting 40-50 years of production, according to Australia’s Bureau of Resources and Energy Economics. With this high level of activity, the LNG industry is playing a key role in Australia’s long-term energy security, economic growth and job creation.

About GE
GE (ge.com) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works.

About GE Oil & Gas
GE Oil & Gas is a world leader in advanced technologies and services with 37,000 employees in more than 100 countries supporting customers across the industry from extraction to transportation to end use. Making the environment, health and safety, quality and integrity our highest priorities is The Way We Work. Our technologies and services include: surface and subsea drilling and production, monitoring and diagnostics, measurement and controls, large-scale LNG, pipeline compression and inspection, well site and industrial power generation, technologies for the refining and petrochemical industries, and modular CNG and LNG units for transportation sectors. Through our customized service solutions, training programs and technologies, GE Oil & Gas partners with customers to maximize their efficiency, productivity and equipment reliability; develop their next generation workforce; and fully benefit from the megatrends of natural gas, the growth of subsea and hard-to-reach reserves and the revolution in asset health management.

Contacts
GE news, Masto Public Relations - E: information[.]mastopr.com.

Ken Darling, Masto Public Relations
P: +1 518-786-6488 - E: kenneth.darling[.]ge.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: General Electric Company

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


GE Awarded US$620 Million Services Contract in Australia for QGC

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

GE News Center |
Publisher Contact: Stuart McLagan - GE Oil & Gas 
+61 458 755 117 stuart.mclagan[.]ge.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any General Electric Company securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From General Electric Company / Company Profile


Read Energy Most Recent Related Newswires:

Vestas Secures Order for 101 MW in the United States
PPG to Distribute Wastewater Substrate-repair Products from Sauereisen
Enel Begins Operations At World’s First Commercial Geothermal-hydro Hybrid Power Plant
Vestas Secures 112 MW for Three Projects in France
ENGIE and Statoil Agree on the Renegotiation of Their Long-term Gas Supply Contracts
ENGIE and AES Andres Leverage Core Strengths to Provide Reliable and Competitive LNG Supply in the Caribbean
Power Costs, Inc. (PCI) and GE Power Collaborate to Link Energy Operations with Energy Trading for End-to-End Machine to Market Software Solutions
GE Oil & Gas Signs Agreement with TAG GmbH to Install New Tuning Maintenance (TUMAS) Software on Entire Fleet of Gas Turbines
ENGIE Announces Two New Major Collaborations to Foster New Innovative Green Gas Production Methods Across Europe
Enel Inaugurates Apiacás Hydropower Complex in Brazil
Steam and Gas Turbine Manufacturers Realign Strategies to Harness Growth Opportunities within Clean Power Generation
Enel Starts Construction of Peru’s Largest Solar PV Plant
GE and Maersk Drilling to Pilot Marine Digital Transformation
SolarWinds to Join the Discussion on Interoperable IT Management for Defense Forces at AFCEA’s TechNet Asia-Pacific 2016
BP and GE Launch New Offshore Digital Technology with Plans to Deploy Globally

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  JobsWare.com





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)