GE wins multi-million dollar contract
Company to provide advanced technology for the Trans-Anatolian Natural Gas Pipeline
GE Oil & Gas will provide high-end turbomachinery for Phase 1 of the landmark Trans-Anatolian Natural Gas Pipeline (TANAP) that will transport gas from Azerbaijan via Turkey to European energy markets, the company said on Monday.
The multi-million dollar contract will provide critical systems referred to as "the heart of the pipeline" comprising aeroderivative gas turbine driven centrifugal compressor packages - also known as turbo-compressor trains - all manufactured, packaged and tested by GE Oil & Gas in Florence (Italy) for shipment in 2017.
The deal supports the commissioning of Phase 1 of TANAP scheduled to come online in 2018. GE Oil & Gas' state-of-the-art equipment was successful in being chosen due to its high levels of operational efficiency as well as lower emissions and lower maintenance.
Rami Qasem, President & CEO, GE Oil & Gas MENAT, said: "We are pleased to be providing technologically advanced GE O&G solutions for the prestigious TANAP project and building partnerships and trust with SOCAR, BOTA? and BP.
"This marks a key milestone for GE Oil & Gas and underlines our long-term commitment to Turkey where GE has been driving several localisation initiatives as part of its $900mn investment announced in 2012 in support of Turkey's Vision 2023."
He added: "The contract reiterates our commitment and proven track-record to support game-changer projects, such as TANAP that will not only support local economies through job creation and economic value but also strengthen the energy security of markets across Europe."
TANAP is a partnership between the State Oil Company of Azerbaijan (SOCAR), Turkey's state-owned BOTA? (Petroleum Pipeline Corporation), and BP.