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Press Release

GE Oil & Gas Awarded Subsea Service Agreement with Statoil

September 08, 2015
  • GE Oil & Gas has signed a 3+3 year Subsea Operations Service Frame Agreement with Statoil for services on the Norwegian Continental Shelf
  • The scope of work covers services and maintenance of subsea production systems during installation and operation phases

Stavanger, Norway. September 8, 2015: GE Oil & Gas has signed a framework agreement with Statoil Petroleum AS to provide subsea operations services for the Company’s operated fields Tordis, Vigdis, Snorre and Troll, located north west off the coast of Stavanger.

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GE And Statoil Collaboration Announces Winners Of Inaugural Open Innovation Challenge

July 21, 2015

Five Winning Technologies Address Alternatives for Sand in Shale Development

 

 

HOUSTON, 21 July: GE and Statoil’s Sustainability Collaboration announced today the five winners of its inaugural Open Innovation Challenge that focused on addressing the use of sand in unconventional operations.

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Press Release

Second Quarter 2015 Earnings

July 17, 2015

GE announced second-quarter 2015 operating earnings of $2.8 billion, with  Industrial + Verticals operating earnings per share of $0.31, up 19% from the second quarter of 2014.

Please click here to read the rest of the press release, in English.

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Ge-statoil Initiative Launches Second Open Innovation Challenge Focused On Water Reduction And Reuse

July 07, 2015

Ambitious joint-industry initiative seeks innovative ideas to reduce and reuse water in onshore shale development

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Rentschler Biotechnologie expands European manufacturing capabilities with GE Healthcare Life Sciences bioprocess technologies

April 14, 2015

Companies celebrate handover of 1000th ÄKTAprocess

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GE And Statoil Launch Ambitious New Collaboration To Accelerate Development Of Sustainable Energy Solutions

January 28, 2015

Joint technology-focused program to pursue industrial solutions designed to reduce environmental impact of oil and gas production

 

Companies launch an Open Innovation Challenge seeking solutions which can improve the use of sand in onshore operations

 

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GE Agrees to Acquire Oceaneering's Electric Actuator Product Line to Enhance Remote Subsea Production and Processing Capabilities

December 16, 2014
  • GE to Bring New Subsea-Electric Actuators Technology to Full-Scale Commercial Production
  • Technology Supports Industry Efforts to Enhance Conventional Electro-Hydraulic Controls
  • Acquisition Expands GE Oil & Gas’ Existing Subsea Controls Product Line Portfolio 

 

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GE Capital closes the sale of its GE Money Bank AB (Nordics) to Santander Consumer Finance S.A.

November 06, 2014

NORWALK, Conn.  - November 6, 2014 -- GE Capital, the financial services division of GE (NYSE: GE), said today that it has closed the sale of its GE Money Bank AB (Nordics) consumer finance business to Santander Consumer Finance S.A. The deal was announced on June 21, 2014.

“This sale is part of our overall strategy to focus GE Capital on our commercial portfolio with a goal of becoming 25% of GE’s overall earnings,” said Keith Sherin, chairman and CEO, GE Capital.

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GE Capital Provides Update on Timing of Expected Close of its GE Money Bank AB (Nordics) Sale to Santander Consumer Finance S.A.

September 26, 2014

No change to GE or GE Capital total year outlook

NORWALK, Conn. -- September 26, 2014 -- GE Capital, the financial services division of GE (NYSE: GE), said today that it now expects the close of its GE Money Bank AB (Nordics) consumer finance business sale to Santander Consumer Finance S.A., announced on June 21, 2014, to be in the fourth quarter of 2014.

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Industrial Internet could add €2.2 Trillion to European GDP by 2030, says GE report*

June 19, 2013

GE publishes new report entitled "The Industrial Internet - Pushing the Boundaries of Minds and Machines: A European Perspective", revealing the potential business and economic impact of the Industrial Internet in Europe. Key findings of the report include:

 

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