GE Oil & Gas bags PDO deal to supply compressors
GE Oil & Gas also signed an agreement with PDO to extend training and development support for Omani nationals over the next 10 years
GE Oil & Gas has announced winning two contracts from Petroleum Development Oman (PDO) for supplying centrifugal compressors.
As part of the deals, GE Oil & Gas will cover the supply, testing, installation and commissioning of a fleet of electric motor driven centrifugal compressors to be deployed across PDO’s Saih Nihayda Depletion Compression Phase II, Kawther Depletion Compression Phase II, Yibal Khuff Depletion, Burhaan West and Fahud Gaslift Compression projects.
The contract also covers the aftermarket services for these new compressors as well as the existing GE compressor fleet.
In addition, GE Oil & Gas also signed an agreement with PDO to extend training and development support for Omani nationals over the next 10 years.
“We are making significant investments in strengthening our infrastructure that will enhance our productivity and help create new jobs for Omani nationals. In addition, we are focusing on strengthening local supply chain and maintenance capabilities that support Omani talent development,” PDO managing director Raoul Restucci said.
“The contracts with GE Oil & Gas, a long-term partner of PDO, will add significant value to the national economy,” Restucci said.
The contracts were signed at the Business Opportunities Forum held in Muscat and organised by the Oman Chamber of Commerce and Industry to promote the efforts and programmes of the private sector in the field of In-Country Value creation.
“Oman is one of the strategic growth hubs for GE Oil & Gas in the Middle East where we have achieved over 90 percent Omanisation,” Rami Qasem, president & CEO, GE Oil & Gas Middle East, North Africa and Turkey, said.
“The new contracts build on our commitment to deliver cutting edge technology, support localized innovation and promote talent development in Oman – a key element of how GE does business in the region,” Qasem was quoted as saying in a press release.
As Oman focusses on projects to enhance oil and gas production, GE Oil & Gas is investing in its partnership with PDO by offering advanced technology and local services capability in-country.
GE Oil & Gas, a wholly-owned unit of American corporation General Electric, has developed a range of advanced technology centrifugal compressors (over 30,000 HP) as well as re-injection compressors catering for the harshest and most corrosive gas services, with delivery pressures as high as 10,000 psi (700 bar).
GE Oil & Gas has also rolled out dedicated training programmes for Omani nationals at the Florence Oil & Gas University, a proof-point of ongoing support of ‘Omanisation’ and human capital development.
GE has also acquired land in Nizwa to develop a workshop for local repairs and services to strengthen its local capabilities.