SOURCE: Industrial Info Resources

Industrial Info Resources

February 03, 2011 05:20 ET

European Gas Storage Expansion and Pipeline Upgrade Build GE's Contract Stream, an Industrial Info News Alert

JOHANNESBURG, SOUTH AFRICA--(Marketwire - February 3, 2011) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Project development and upgrades in Europe's natural gas sector are providing GE Oil & Gas (Florence, Italy) with opportunities for a stream of ongoing new contracts that follow in the path of already-completed installations.

Storengy (Northwich, England), a subsidiary of GDF Suez (EPA:GSZ) (Paris, France) , will use GE's advanced integrated compressor line technology (ICL) for the expansion project at the Beynes natural gas storage project, which supplies gas to the Paris area in France.

GE Oil & Gas is part of General Electric Company (NYSE:GE) (Fairfield, Connecticut). 

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