Dubai, June 1, 2003 -- GE Oil and Gas, a division of GE Power Systems (GEPS), one of the world's leading suppliers of power generation technology, energy services, and management systems across the power and oil and gas industries, has signed a US$94 million contract for the supply of equipment to Oman LNG L.L.C, a liquefied natural gas plant in Qalhat, Oman.
GE Oil and Gas has agreed to supply two gas turbine-driven compression units, in addition to two gas turbines for power generation to Oman LNG, owned primarily by the Government of Oman and Royal Dutch/ Shell. The new equipment will be used towards the plant's expansion project, which will add a third LNG train to the existing plant. The expansion of Oman LNG will increase the plant's output of liquefied natural gas by 3.3 million tonnes per year, significantly boosting its current output of 6.6 million tones per year.
GE Oil and Gas will provide a mixed refrigerant compression train composed of axial/centrifugal compressors driven by a 280-MW GE Frame 7 gas turbine and a propane refrigerant compression train composed of centrifugal compressors driven by a 42-MW Frame 6 gas turbine. Furthermore, Oman LNG will receive two additional Frame 6 gas turbine-generators to be incorporated into the plant's power-generating unit, which feeds power to the motors and auxiliary equipment.
On the signing of the deal, Nabil Habayeb, Regional Executive and General Manager for GEPS - Africa, India, and the Middle East said, "Oman LNG and GE are long term partners and this contract is a testament to the confidence that our customers have in our superior products and services particularly in the oil and gas sector."
"We supplied the first two LNG trains for this plant and are pleased that we were chosen to play a role in the expansion project," continued Habayeb.
Oman LNG's operations began in 2000 with two liquefaction trains supplied by GE Power Systems, each with a capacity to produce 3.3 million tonnes of liquid natural gas. Each train's compressors are driven by a Frame 6 and Frame 7 gas turbine for a total capacity of 100-MW and the current power plant comprises four Frame 6 gas turbine-driven generators with a total power output of 120-MW.
The new equipment for the expansion project will enable Oman LNG to take advantage of GE's innovative technology, vast experience in turbine technology and highly sophisticated maintenance procedures. Deliveries of the Frame 6 turbines are expected in mid-2004 while the compression trains are due to be shipped later next year. Commercial operations of the new train are scheduled to begin in 2005.
GE Oil and Gas comprises several businesses, collectively supplying integrated solutions including engineering, manufacturing, packaging, installation, and startup, and full services for the oil and gas industry from wellhead to consumer. Nuovo Pignone of Italy, acquired by GE in 1994 and a long-time leader in gas compression and turbo generation products, will supply the new equipment for the Oman LNG expansion project.
Caption: GE Oil and Gas, a division of GE Power Systems, signs US$94 million contract for Oman LNG project
GE (NYSE:GE) is a diversified technology, services and manufacturing company with a commitment to achieving customer success. GE operates in more than 100 countries and employs approximately 310,000 people worldwide.
Is one of the world's leading suppliers of power generation technology, energy services and management systems with estimated 2002 revenues of nearly $23 billion. The business has the largest installed base of power generation equipment in the global energy industry. GE Power Systems provides equipment, service and management solutions across the power generation, oil and gas, distributed power and energy rental industries.
Anja Pegger
GE
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