Transnet Project Will Carry Diesel, Petrol and Jet Fuel for Inland Markets
JOHANNESBURG, SOUTH AFRICA -- April 28, 2009 -- Transnet Limited of Johannesburg, the owner and operator of South Africa's strategic petroleum and gas pipeline infrastructure, has selected GE Oil & Gas to supply electric motor-driven pump packages for a new, multi-product pipeline that will play a key role in supporting the country's economic growth.
GE announced first-quarter 2009 earnings from continuing operations (attributable to GE) of $2.8 billion, or $.26 per share attributable to common shareowners, down 40% from first quarter 2008.
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Experience over the last year has taught South Africans the importance of a stable, reliable power supply. An extensive contract awarded to GE Consumer and Industrial in January 2006 is nearing completion, and will go a long way towards ensuring Eskom is able to reach its goal of supplying uninterrupted electricity in South Africa.
Located at the entrance to the busiest port in Africa, the Durban Point Waterfront is one of South Africa's most significant and exciting property development and investment projects.
Destined to become one of Durban's most prestigious addresses, and a key tourist attraction, it is rapidly transforming what was a previously run-down precinct, into a multi-billion Rand property showcase for all South Africans to be justifiably proud of.
GE announced that its 2008 annual report entitled "We are GE" is now available on the Company's Web site at www.ge.com/annualreport. Explore how we are building strong businesses, expanding our leadership and sustaining competitive advantage.
View the 2008 Annual Report Web site
Johannesburg, South Africa -- 03 February, 2009 - GE Energy announced today that it has signed a multi-million dollar agreement to provide Sasol with reliability and steam path efficiency upgrades of several non-condensing GE steam turbines at the company's Secunda Synfuels facility.
