BOUFARIK, Algeria--04 November 2010--ALGESCO, a joint company between Sonatrach, Sonelgaz and GE (GE: NYSE) today celebrated the official opening of its new Service Center located in Boufarik, 35 kilometers from Algiers in Algeria.
Covering approximately 18,300 sq. meters, the new facility is the largest GE Oil & Gas turbomachinery equipment service center in the world and represents a $36 million investment in supporting the continued growth of Algeria's oil and gas and power generation sectors.
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10-Year Contract Covers 127 GE 1.5-MW Wind Turbines in United Kingdom and Ireland
PERTH, Scotland--03 November 2010-- SSE Generation Ltd., the wholly owned generation business of SSE plc, has signed a comprehensive and flexible service agreement with GE (NYSE: GE) covering its fleet of 127 GE wind turbines in operation across the United Kingdom and Ireland.
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HOUSTON--03 November 2010-- GE Oil & Gas' drilling & production business has been awarded two contracts totaling more than $120 million by Daewoo Shipbuilding & Marine Engineering Co., Ltd (DSME) of South Korea, one of the world's leading specialized shipbuilding and offshore contractors.
Under the first contract, GE will supply a blowout preventer (BOP) stack and controls system, to be installed on a Petroserv-owned drillship for oil and gas production activities offshore Brazil.
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GE's 88-megawatt Wintering Hills Project Win Will Help Alberta, Canada Expand its Use of Renewable Energy
MONTREAL--02 November 2010-- GE (NYSE: GE) today announced an order from Suncor Energy for 55 of GE's advanced 1.6-megawatt wind turbines for one of the largest wind power projects in the province of Alberta, Canada. The Wintering Hills project is part of a new "crop" of wind farms being built across Canada with the help of GE's technical expertise and highly reliable wind turbine technologies.
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Reflects Strength of Integrated Oil & Gas Portfolio and GE's Continued Commitment to Angola
ABERDEEN, Scotland & LUANDA, Angola--29 October 2010-- GE (NYSE: GE) has been awarded a $113 million contract to supply gas turbines and compressors for deployment in the CLOV offshore Angola oil and gas fields owned by Sonangol, Angola's national oil company, and operated by Total (40 percent share), ExxonMobil, BP and Statoil.
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Partners Close Strategic Deal Announced in January, Reinforcing GE's Commitment to China
BEJING--25 October 2010-- GE (NYSE: GE) today announced the completion of its acquisition, from Shenyang Blower Works Group Company Ltd. (SBW Group), of a minority equity interest in Shenyang Turbo Machinery Corporation, a large-scale, Chinese state-owned enterprise dedicated to the design and manufacture of turbomachinery equipment and the main operating subsidiary of SBW Group.