FLORENCE, ITALY (July 31, 2003) --- Motor Oil Hellas Corinth Refineries S.A. has awarded GE Oil & Gas a contract of more than 7.45 million euros to supply compressors, additional equipment and services for an oil refinery expansion in Corinth, Greece. Motor Oil Hellas Corinth Refineries S.A. is one of the largest Greek companies with business activities in the petroleum refining industry.
GE will provide two 4HG/3 reciprocating compressors driven by induction motors, a set of process gas pressure vessels, a lube oil and cooling water auxiliary system, local panel and instrumentation, spare parts for commissioning and start-up, supervision for erection and start-up, and training at the site. The reciprocating compressors, rated at 6,000 kilowatts each, will provide hydrogen-treating service and will help to increase plant output.
GE also will provide one BCL 509/A centrifugal compressor driven by an NG 40/32 steam turbine, a lube oil and cooling water auxiliary system, a local panel and instrumentation, commissioning, a two-year supply of spare parts, erection and start-up supervision, and training at the site for the compressor and turbine. The centrifugal compressor, rated at 7500 kilowatts, will provide recycle-hydrogen service.
The equipment will be manufactured at GE Oil & Gas facilities in Italy. The reciprocating compressors will be delivered by April 30, 2004 and the centrifugal compressor by May 30, 2004. They are expected to be installed and operating by the end of 2004 or the beginning of 2005.
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. Other members of the GE Oil & Gas family 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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