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!

Saudi Aramco Selects GE for $500 Million Expansion Agreements - Shaybah project to enhance oil recovery and support economic expansion (NYSE: GE)
Saudi Aramco Selects GE for $500 Million Expansion Agreements

 

NewswireToday - /newswire/ - Shaybah, Saudi Arabia, 2010/12/14 - Shaybah project to enhance oil recovery and support economic expansion (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!


 

GE today announced it has been selected by Saudi Aramco, the state-owned national oil company, for agreements totaling nearly $500 million to supply a broad range of equipment and services for an expansion of the Shaybah gas-oil processing facilities. The project is expected to enable Saudi Aramco to enhance its oil recovery efforts and spur further economic growth in Saudi Arabia.

The agreements demonstrate the strength of GE Energy’s integrated high-technology equipment and services portfolio and reflect GE’s commitment to continued investment and localization in the region. With one of the world’s fastest growing economies, Saudi Arabia continues to present significant opportunities for technology innovation and infrastructure development.

Shaybah, which is Saudi Aramco’s most remote oil field, is located in the southeastern section of the Kingdom. It already is highly productive, following a 50 percent capacity upgrade in June 2009 from half-a-million barrels per day (bpd) to 750,000 bpd of Arabian Extra Light crude. The new expansion is expected to enable Saudi Aramco to further increase crude production to 1 million bpd and increase the gas-oil ratio (GOR) of the field from 1,800 to 7,200 standard cubic feet per stock tank barrel (scf/stb).

“This latest project with Saudi Aramco reflects GE’s commitment to localization and sustainable growth in the Kingdom. As Saudi Arabia forges ahead with its ambitious national development plans, we look forward to continue to support Saudi Aramco and other customers in the region with GE’s high-tech multi-business approach,” said Joseph Anis, GE Energy’s President for the Middle East.

“Our desire to deliver a complete suite of high-technology and service solutions, while meeting Saudi Aramco’s compressed project timeline, were essential factors in being selected to deliver the extensive scope of this important project,” noted Anis.

To generate the additional 729 megawatts of power, GE is supplying 11 gas turbine-generators, 44 compressors, motors and services. This will bring the total supply of GE gas turbines to Saudi Aramco to more than 110 and the number of GE centrifugal compressors to nearly 100.

A key feature of the expansion, the valuable natural gas liquid (NGL) components from gas produced at Shaybah will be recovered through the construction of the new Sabkha NGL recovery plant which will process 2.4 billion standard cubic feet per day (scfd) of low-sulfur sweet gas and extract 264,000 bpd of NGL. The gas is used in petrochemical applications.

The GE Frame 7EA gas turbines for Shaybah's expansion project have been used in previous Saudi Aramco applications. Similar GE units have been operating since 1998 in Shaybah, one of the most challenging environments in Saudi Arabia. The 7EA gas turbines to be delivered to Shaybah will be equipped with GE's advanced Dry Low NOx combustion systems to reduce emissions. All 44 GE centrifugal compressors will be driven by GE electric motors. GE will ship the equipment during the first half of 2012. In addition, services and training will be provided through the GE Energy Manufacturing Technology Center in Dammam, Saudi Arabia. The 10,000 square meter facility represents a $100 million investment in the largest GE center of excellence worldwide.

With a presence that spans almost 80 years in Saudi Arabia, GE has expanded its energy presence in the Kingdom through public-private partnerships and a strong footprint of facilities in service repair support and customer training centers in power, water and oil and gas. With more than 800 GE employees, Saudi Arabia has the largest GE workforce in the Middle East.

About GE
GE (ge.com) is a diversified infrastructure, finance and media company taking on the world’s toughest challenges. From aircraft engines and power generation to financial services, health care solutions and television programming, GE operates in more than 100 countries and employs about 300,000 people worldwide.

GE serves the energy sector by developing and deploying technology that helps make efficient use of natural resources. With nearly 85,000 global employees and 2009 revenues of $40 billion, GE Energy (ge.com/energy) is one of the world’s leading suppliers of power generation and energy delivery technologies. The businesses that comprise GE Energy—GE Power & Water, GE Energy Services and GE Oil & Gas—work together to provide integrated product and service solutions in all areas of the energy industry including coal, oil, natural gas and nuclear energy; renewable resources such as water, wind, solar and biogas; and other alternative fuels.

PRESS Contacts
Howard Masto, Masto Public Relations
P: +1 518 786 6488 / E: howard.masto[.]ge.com.

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

GE news, Masto Public Relations / information[.]mastopr.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!


Saudi Aramco Selects GE for $500 Million Expansion Agreements

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: Lamia Jaroudi - GE Energy 
+9714 429 6559 lamia.jaroudi[.]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:

PJB Spearheads Digital Energy for Indonesia with Deployment of GE Digital Power Plant Software
GE and Maersk Drilling Accelerate their Digital Partnership to Drive Industry Transformation
GE to Provide Digitally-enabled HA Power Plant and Services for Mexico's Tierra Mojada Project
Cisco and Enel Sign Agreement on Digitisation and Innovative Services
Enel and Seedstars Sign Cooperation Agreement to Identify Innovative Energy Access Startups in Africa
ENGIE Launches its First Ephemeral Campus
Enel Signs Agreement with US Company Amber Kinetics on Innovative Flywheel Storage System
Alternative Fuels, Carrefour and ENGIE are Joining Forces to Develop Biomethane in France
GE Renewable Energy and Fortum Sverige AB Sign Digital Hydro Pilot Agreement
GE Renewable Energy Announces Agreement to Provide Cube Hydro with Aerating Turbines
GE Oil & Gas and Eni East Africa Sign Long-term Partnership to Develop Gas Resources Offshore of Mozambique
RWE Turns to GE to Improve Flexibility and Performance
Liquefied Gas Pump Market to Record an Exponential CAGR by 2026 According to Persistence Market Research
GE and Solairedirect India Partner for the Next 25 Years
ENGIE Wins Major Contract with Transport for London

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  NAKIVO, Inc.

Visit  MagLar, Inc.





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR 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)