SOURCE: Industrial Info Resources

Industrial Info Resources

April 22, 2010 05:10 ET

GE Oil & Gas Wins $100 Million Turbo Contract From Petrofac for El Merk Project in Algeria, an Industrial Info News Alert

BANGALORE, INDIA--(Marketwire - April 22, 2010) -  Researched by Industrial Info Resources (Sugar Land, Texas) -- GE Oil & Gas (Florence, Italy), a business division of the General Electric Company (NYSE:GE) (Fairfield, Connecticut), has won a $100 million contract from Petrofac International Limited (Sharjah, United Arab Emirates), a private oil and gas services company providing investment and management support, to supply turbo compression equipment for the El Merk central processing facility in the Berkine Basin region of Algeria. The El Merk oil and gas processing plant is being developed by Groupement Berkine, a joint venture of state-owned energy company Sonatrach (Hydra, Algeria) and Anadarko Petroleum Corporation (NYSE:APC) (The Woodlands, Texas).

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