GE Gains US$70 Million Contract to Supply Equipment
for Gas Processing Plant in Algeria
FLORENCE, Italy--(BUSINESS WIRE)--July 16, 2003--GE Oil & Gas has
received a contract of US$70 million to supply gas turbines with
process gas compressor, turbo generator and expander trains for a gas
processing plant at In-Amenas, Algeria.
In-Amenas is Algeria's largest wet gas joint development project,
and is jointly owned by Sonatrach, the Algerian national energy
company; and BP, the world's second largest petroleum and
petrochemicals group and the largest foreign investor in Algeria.
In-Amenas will produce 9 billion cubic meters annually and 50,000
barrels per day of liquids, with the first gas production forecasted
for the fourth quarter of 2005.
Under its contract with the project's EPC contractor - a joint
venture between JGC Corporation of Japan and KBR of the United States
- GE will supply:
-- Three residual gas compressor trains comprised of GE MS5002D
gas turbines with auxiliary equipment, gearbox multipliers,
BCL606 compressors and control cabinets. At ISO conditions,
the gas turbines have a power output of 32.6 megawatts and
thermal efficiency of 30.3%. They are equipped with LHE
combustors that enable low nitrogen oxide (NOx) emissions.
These gas turbines will be mechanical drive units and will
include a heat recovery steam generator to produce hot water
for process use.
-- Three turbo generator trains comprised of GE MS5001PA gas
turbines with relevant auxiliaries, gearboxes, synchronous
generators and control cabinets. These gas turbines will be
used for power generation and will have a power output of 26.3
megawatts with 28.5% efficiency at ISO conditions. They also
use LHE combustors.
-- Three expander trains comprised of Frame 50 expanders,
compressors, and auxiliaries.
All of the equipment will be shipped during the second quarter of
2004. The plant will use natural gas as its primary fuel.
The In-Amenas joint development project further expands the
presence of GE technology in Algeria. GE has been active in Algeria
since the 1960s and today, there are more than 500 GE turbines and
compressors installed for oil and gas applications across the country.
GE Oil & Gas is headquartered in Florence, the home of Nuovo
Pignone, a long-time leader in gas compression and turbo generation
products. GE Power Systems acquired ownership of Nuovo Pignone in 1994
and has continued to expand its oil and gas business by acquiring or
developing partnerships with other technology and experience leaders
in the industry.
About GE Power Systems
GE Power Systems (www.gepower.com) is one of the world's leading
suppliers of power generation technology, energy services and
management systems with 2002 revenues of nearly $23 billion. Based in
Atlanta, GA, GE Power Systems provides equipment, service and
management solutions across the power generation, oil and gas,
distributed power and energy rental industries.
--30--AK/at*
CONTACT: GE Power Systems, Atlanta
Dennis Murphy, 770-859-6948
or
Masto Public Relations
Howard Masto or Ken Darling, 518/786-6488