News and insights from Europe
ABERDEEN, SCOTLAND, UNITED KINGDOM---March 7, 2011---GE Oil & Gas has received a $7 million contract from Total E&P UK Ltd of Aberdeen, Scotland, to supply drilling and production equipment for the expansion of the Elgin Franklin gas field in the North Sea.
To meet the extreme well pressure and temperature demands of the project, GE is supplying surface wellhead and flow control equipment that can operate at well pressures of 15,000 PSI and temperatures of 450° F.
Skanska and GE have formed a strategic partnership to develop new environmental technologies and processes for the emerging green retrofit and refurbishment market, which is estimated to be worth in excess of £10bn per year in the UK.
This partnership combines GE's and Skanska's skills and expertise to deliver technologies for some of the most cutting-edge green refurbished commercial buildings in the UK.
Skanska and GE have formed a strategic partnership to develop new environmental technologies and processes for the emerging green retrofit and refurbishment market, which is estimated to be worth in excess of £10bn per year in the UK.
This partnership combines GE's and Skanska's skills and expertise to deliver technologies for some of the most cutting-edge green refurbished commercial buildings in the UK.
* Nearly one in five (18%) of UK SMEs believe they have missed a business opportunity in the past year
* Nearly half (43%) of SME owners believe that it will be more challenging to get funding in the next year as a result of recent changes in the credit markets
UK SMEs are missing out on business opportunities totaling close to £29.4bn¹ due to a lack of funding.
LONDON, UK -- 03 March 2011: GE Capital announced today that it has provided Targus Europe Limited with £13 million financing facility. The facility will be used to support the businesses' on-going growth strategy in the UK.
GEH Also Expands its Polish Nuclear Industry Supplier Network
WARSAW, POLAND---March 1, 2011---GE Hitachi Nuclear Energy (GEH) Senior Vice President of New Plant Projects Danny Roderick addressed the Polish parliament's joint committee on energy today, highlighting the company's advanced nuclear reactor technologies and commitment to Poland. GEH's nuclear technologies will generate low-carbon electricity and help to strengthen Poland's energy security, Roderick told the committee.
