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GE Oil

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GE Oil & Gas invests in new riser connectors for the offshore market

GE Oil & Gas has invested in the development of new completion and workover riser connectors for the offshore market. The company said the move will help enable operators in a bid to save rig time during operations. GE Oil & Gas has awarded SRP (Subsea Riser Products) a contract to develop and qualify SRP’s Nimway 510 and Nimway 710 completion and workover riser connectors.

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GE and Statoil to collaborate on lower cost energy solutions

GE Oil and Gas are set to collaborate on more environmentally and cost efficient energy solutions. The companies said the joint technology focused programme would be aimed at driving an industrial response to some of the challenges facing global oil production including flaring, CO2 and methane emissions. It will focus on creating the right format for oil and shale gas production while reducing emissions.