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Press Release

GE to Supply Turbo Compressor Train for Oil & Gas Platform Off Coast of Sakhalin Island

November 25, 2003

FLORENCE, ITALY (November 25, 2003) --- The Sakhalin Energy Investment Company Ltd. (SEIC) has awarded GE Oil & Gas a contract of more than US$12 million to supply a turbo compressor train for an oil and gas production platform off the coast of Russia's Sakhalin Island, located north of Japan.
SEIC is owned by Shell Sakhalin Holdings, a subsidiary of Shell Gas BV; Mitsui Sakhalin Development, a subsidiary of Mitsui; and Diamond Gas Sakhalin, a subsidiary of Mitsubishi Corporation.
GE Oil & Gas, a business unit of GE Power Systems, will provide a turbo compressor (booster/export) package consisting of a PGT25 gas turbine driving, via a gearbox, a compressor train including BCL506 and BCL457 centrifugal compressors. The complete package will be installed on a single-lift, three-point base plate. Spare parts for commissioning are included in the scope of supply.
The turbo compressor train will compress from a suction pressure of 8.6 bar-abs up to a pressure of 86.0 bar-abs for transportation from the platform to on-shore processing facilities. The train will absorb approximately 15,500 kilowatts. Under these conditions, the gas turbine driver will operate with a global thermal efficiency of approximately 34%.
The compressor package will operate in a harsh environment, exposed to temperatures down to -39°C.
The PGT25 gas turbine and the compressors will be manufactured at GE's Oil & Gas facilities in Florence, Italy, while the LM2500 gas generator for the package will be manufactured at GE's Cincinnati, Ohio facility. The package will undergo a no-load, full-speed string test at GE Oil & Gas facilities in Italy before being shipped in September of 2004. The train will be mounted on the module in South Korea during the winter of 2005, and will be installed on the offshore platform and begin commercial operation during the spring and summer of 2005.
GE Oil & Gas is based in Florence, Italy, the home of Nuovo Pignone, a long-time global leader in gas compression and turbo generation products. Other members of the GE Oil & Gas business include Gemini, GE Packaged Power Odessa, Rotoflow, A-C Compressor and Conmec, all of the U.S.; Thermodyn of France and PII Pipeline Solutions of the U.K.

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