- Cofely Fabricom to Provide Maintenance Services for Downstream Industrial Customers in Benelux Region
- Both Companies Envision Potential Service Collaborations in Other Key Markets
- Agreement Supports Growth Plans of GE's New Downstream Technology Solutions Business
FLORENCE, ITALY---February 4, 2014---Seeking to enhance its service capabilities in key markets, GE Oil & Gas (NYSE: GE) today announced GDF SUEZ subsidiary Cofely Fabricom has become the first authorized service center (ASC) for GE Oil & Gas in Europe, focusing on maintenance support to GE downstream industrial customers in Belgium, the Netherlands and Luxembourg.
Effective January 2014, the three-year agreement aims to improve GE's local customer services for its equipment customers in the region by providing spare parts, regular maintenance, updates and repairs that promote customer energy savings and a more reliable, sustainable production capacity.
Both organizations see the potential to further expand their collaboration in other markets and regions. The pact builds on the existing strong working relationship between the companies.
"This agreement creates the first official ASC for GE but this is not the first contract between us. A specialized team within Cofely Fabricom was created to meet GE's requirements. They know the total commitment of our workforce and trust our experience in this field. This agreement means a great deal to us while also offering improved service and sustainable solutions for GE's clients," said Xavier Sinéchal, CEO of Cofely Benelux.
"Given Cofely Fabricom's experience and capabilities in the Benelux region, they are an ideal partner to entrust with our local customer services mission. This is one of many examples of a constructive collaboration we have developed with GDF SUEZ and its subsidiaries. With this agreement, we can focus on our other core business activities in the region," said Girish Saligram, leader of Downstream Products and Services, GE Oil & Gas.
The Cofely Fabricom ASC pact also supports the strategic growth goals of GE's newly launched Downstream Technology Solutions business, which was created to focus exclusively on the needs of GE's downstream, industrial and distributed gas customers.
About Cofely Fabricom
Cofely Fabricom is the benchmark in the field of innovative multi-technical installations and services for the infrastructure, buildings, industry, as well as energy and oil and gas markets. Its expertise covers a wide and varied range of disciplines such as electricity, instrumentation, mechanical, industrial piping, automation and maintenance. For more information, go to www.cofelyfabricom-gdfsuez.com.
About GE
GE (NYSE: GE) 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. For more information, visit the company's website at www.ge.com.
About GE Oil & Gas
GE Oil & Gas works on the things that matter in the oil and gas industry. In collaboration with our customers, we push the boundaries of technology to bring energy to the world. From extraction to transportation to end use, we address today's toughest challenges in order to fuel the future. Follow GE Oil & Gas on Twitter @GE_OilandGas.
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