FLORENCE, ITALY---February 1, 2010---Slovensky Plynarensky Priemysel (SPP), a leading Slovak energy company, has awarded GE Oil & Gas a $102 million (€68 million) contract to upgrade three pipeline compression stations, bringing the facilities into compliance with new European Union directives to decrease carbon dioxide and nitrous oxide emissions.
GE will supply SPP with advanced dry low emissions (DLE) systems technology and additional equipment for the conversion of seven GE PGT25 gas turbines and one PCL602 gas compressor. The equipment is located at the Vel'ke Kapusany, Vel'ke Zlievce and Ivanka pri Nitre compression stations that are part of a gas pipeline system in the Slovak Republic operated by Eustream, which is 100% owned by SPP.
The upgrade projects will be implemented over the next five years, as the seven gas turbines progressively reach 50,000 operating hours. The final two units will be modified by 2015, the year before the new European Union emissions standards come into force in Slovakia. The units feature LM2500 aeroderivative gas turbines that will be converted from standard annual combustors (SAC) to DLE systems for improved emissions control. Upon upgrade they will achieve NOx emissions below 75 mg/m3, enabling the plants to meet the new emissions regulations.
Mr. Rastislav Nukovic, director of strategic projects for Eustream said: "By implementing GE's proven technology to recondition and upgrade our gas turbines, we can continue to successfully operate these units that were purchased in 1991. This is a far more cost-effective solution than replacing this equipment outright with new units and also helps us meet our ongoing environmental responsibilities."
Jeff Nagel, vice president global services, GE Oil & Gas said: "GE is committed to helping customers boost performance and efficiency on a sustainable basis. We are able to apply the latest technology to manage the entire scope of large-scale facility modifications to meet the E.U.'s new emissions standards. This challenging SPP project includes the modification of the gas generator, power turbine, PCL compressor, control system, balance of plant and all other site works."
SPP, based in Bratislava, has been a gas industry leader for more than 150 years. Its subsidiary, Eustream, is the largest natural gas transporter within the European Union with a transmission capacity more than 90 bcm/a. Eustream grants access to the Slovak transmission network on a transparent and non-discriminatory basis and provides a complete range of natural gas transmission services. The company's main business partners are international energy concerns. Eustream (formerly SPP -- preprava, a.s.) began its independent life after the legal unbundling of transmission activities from its parent company Slovenský plynárenský priemysel, a.s. (SPP) on 1st July 2006.
About GE Oil & Gas
GE Oil & Gas (www.ge.com/oilandgas) is a world leader in advanced technology equipment and services for all segments of the oil and gas industry, from drilling and production, LNG, pipelines and storage to industrial power generation, refining and petrochemicals. We also provide pipeline integrity solutions, including inspection and data management. As part of our 'Innovation Now' customer focus and commitment, GE Oil & Gas leverages technological innovation from other GE businesses, such as aviation and healthcare, to continuously improve oil and gas industry performance and productivity. GE Oil & Gas employs more than 12,000 people worldwide and operates in over 100 countries.
About GE
GE is a diversified global infrastructure, finance and media company that is built to meet essential world needs. From energy, water, transportation and health, to access to money and information, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. For more information, visit the company's Web site at www.ge.com. GE is Imagination at Work.
Ken Darling
Masto Public Relations
[email protected]
1-518-786-6488
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Masto Public Relations
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