GE Technology at the Verkhnechonsk Oil and Gas Field in Siberia Enables Increasing the Associated Oil Gas Utilization Volume
FLORENCE, ITALY---January 30, 2012---GE Oil & Gas (NYSE: GE) will supply an associated gas utilization technology to TNK-BP's Verkhnechonsk oil and gas field in Eastern Siberia. The project calls for gas re-injection into an underground storage for further reuse. TNK-BP is Russia's third largest oil producer and among the 10 largest private oil companies in the world.
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Innovation key to creating more competitive, productive Australian economy
Sydney -- Australia, 19 January 2012: Australia needs to strengthen industry support and engagement with its leading innovation programs to increase competitiveness and productivity, two reports, commissioned by GE, have found.