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Sunday, November 22 - 2009

GE /ABB Consortium wins contract with Abu Dhabi Company for Onshore Oil Operations

  • United Arab Emirates: Thursday, May 28 - 2009 at 14:31
  • PRESS RELEASE

GE Oil and Gas, a world leader in oil and gas advanced technology equipment and services, announced today that a consortium consisting of GE Oil and Gas and ABB has won two contracts collectively worth more than $80m to supply compressors, electrical systems and services for the Abu Dhabi Company for Onshore Oil Operations (ADCO).

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The equipment will be used for new gas lift and gas injection facilities at the Asab and Sahil fields respectively which are required for each of the two fields to achieve their production targets.

Owned 60% by the Abu Dhabi National Oil Company and 40% by Shell, Total, BP, ExxonMobil and Partex, ADCO is targeting to increase its production to 1.8 million barrels per day.

By combining their resources and experience, GE Oil & Gas and ABB were able to win both contracts against strong competition, offering a broad technology package that meets the oil production and recovery requirements of the Asab and Sahil projects.

"By leveraging our experience in working with extremely resistant and advanced technology materials for compressor components, we are able to provide equipment capable of handling the highly sour and corrosive gas compositions of these fields,"
said Joe Mastrangelo, Vice President - turbomachinery for GE Oil & Gas.

"Our expertise in gas lifts and gas injection applications gives ADCO the confidence that our products can meet the challenges of these projects," he added.

GE Oil & Gas is supplying centrifugal compressors for the gas lift project at Asab and the gas injection project at Sahil. ABB, a global leader in power and automation technologies, is supplying the variable speed drive system (VSDS) electrical scope, including motors, transformers and converters. The projects will be commissioned in the fourth quarter of 2012.
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Notes and media contacts

About GE Oil & Gas:
GE Oil & Gas is a world leader in advanced technology equipment and services for all segments of the oil and gas industry, from drilling and production, LNG, pipelines and storage to industrial power generation, refining and petrochemicals. We also provide pipeline integrity solutions, including inspection and data management. As part of our 'Innovation Now' customer focus and commitment, GE Oil & Gas leverages technological innovation from other GE businesses, such as aviation and healthcare, to continuously improve oil and gas industry performance and productivity. GE Oil & Gas employs more than 12,000 people worldwide and operates in over 70 countries.

About ABB
ABB's Process Automation division delivers integrated solutions for control, plant optimization, and industry-specific application knowledge and services to help process industry customers worldwide meet their critical business needs in the areas of operational profitability, capital productivity, risk management and global responsibility. These industries include oil and gas, power, chemicals and pharmaceuticals, pulp and paper, metals, minerals, marine and turbocharging.

ABB is a leader in power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs more than 120,000 people.


For more information, please contact:
Nigel O'Connor
Global Media Relations
GE Oil & Gas
Tel: +44(0) 207 302 6941
OR
Malik Abdullrahman
Senior Account Executive
Asda'a Burson-Marsteller
Tel: 00966 1 2177250
Fax: 00966 1 4640051

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