Uganda seeks new refinery backers
The ministry had expected a final investment decision (FID) on the $4.5 billion Hoima facility by the end of June. The aim was for the facility to be ready for first oil from the Lake Albert fields in late 2025.
GE Oil & Gas
Historic North Sea industry building topples after price plunge
One of the north-east’s landmark buildings is being torn down after being sold at a bargain basement price.
Baker Hughes, GE invests £3m in Dyce office revamp
A US oil field services giant has moved more than 400 employees into a building in Dyce following a £3 million refurbishment.
UK export agency strikes first loan deal for Ghana energy project
Britain's credit export agency has signed its first direct loan deal in Africa providing GE Oil & Gas with $310million to supply equipment for a project in Ghana.
GE, Baker Hughes expected to reveal $30bn link-up on Monday, report says
General Electric (GE) is nearing a deal valued at about $30billion to combine its oil and gas business with Baker Hughes Inc., the Wall Street Journal reported.
BP hands GE Oil & Gas contract for Indonesian LNG project
BP has handed GE Oil & Gas a contract to provide a third liquefaction train at the LNG facility it operates in Indonesia.
GE Oil & Gas to close Peterhead base, consulting with staff
General Electric Oil and Gas said today it is in consultation with workers in Peterhead after revealing plans to close its site in the town later this year.
GE Oil & Gas to cut 269 jobs in Louisiana
GE Oil & Gas will cut 269 jobs from a facility in Louisiana later this year.
GE starts production on Shell’s Prelude risers, must withstand a 1-in-10,000-year cyclonic event
GE Oil & Gas today confirmed it had started production on four high pressure, high temperature dynamic flexible risers destined for Shell's Prelude, the world’s largest offshore floating facility.
Scots escape job cuts at General Electric
General Electric’s 5,000 Scotland-based employees will not be affected by plans to cut about 600 UK jobs, the US firm said yesterday. The redundancies at General Electric (GE) form part of the industrial giant’s wider plans to lay off 6,500 staff members in Europe, where it employs 100,000 people. Most of the 600 UK job losses are expected to take place at GE’s sites in Rugby and Stafford in England, a spokesman for GE said yesterday.
Independent Oil and Gas secures final funding for North Sea’s Skipper well
Independent Oil and Gas (IOG)secured the final £4.75million needed for its North Sea Skipper well.