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GE Wins $127.6 Million Service Contract for Malaysia LNG Complex

Source: www.GulfOilandGas.com 9/29/2003, Location: Asia

ATLANTA--(BUSINESS WIRE)--Sept. 29, 2003--GE Oil & Gas has signed a contractual service agreement (CSA) with Malaysia LNG Sdn. Bhd. to provide maintenance services for gas turbines and additional equipment at a liquefied natural gas (LNG) complex in Bintulu, Sarawak, Malaysia.

Valued at more than US$127.6 million, the CSA covers a period of 88 months. It includes all GE-supplied gas turbines and related equipment that comprise the power generation units and liquefaction trains for the LNG complex. There are three plants at the site - MLNG, MLNG Dua and MLNG Tiga.

"GE's contractual service agreements are structured to meet our customers' energy needs and mitigate the associated risks," said Jay Wileman, general manager of Global Services for GE Oil & Gas. "They provide price predictability, operational flexibility and best-in-class turbine reliability over the life of the agreement."

GE currently has CSAs and other service agreements in place at more than 580 sites around the world.

Malaysia LNG produces and exports LNG to countries across Asia. Based in Bintulu, Sarawak, it is the world's largest producer of LNG in a single location, producing 22.8 million metric tons per year.

GE Oil & Gas is a unit of GE Power Systems and is based in Florence, Italy, the home of Nuovo Pignone, a long-time global leader in gas compression and turbo generation products. Other members of the GE Oil & Gas business include Gemini, GE Packaged Power Odessa, Rotoflow, A-C Compressor and Conmec, all of the United States; Thermodyn of France; and PII Pipeline Solutions of the United Kingdom.

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Related Categories: Diesel Engine  Engine Parts  General  Generating Sets  Generators  Marine Diesel Engine  Power Pack  Turbines (General)  Turbines: Gas  Turbines: Hydro  Turbines: Steam 

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