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GE Oil & Gas, a subsidiary of the the USA’s largest conglomerate General Electric, has announced that it has been awarded a contract, worth over $400 million, by Chevron that will see the company provide advanced liquefied natural gas (LNG) technology to the $37 billion Gorgon LNG project in Australia.
Claudi Santiago, president and CEO of the Italy-based company expressed delight at GE being selected for the contract, especially as it will allow them to be involved in the project’s carbon-dioxide (CO2) sequestration technology project.
“The contract consolidates our global LNG technology leadership position and our competitive edge in pioneering CO2 sequestration applications,” Santiago said.
“Gorgon demonstrates our customer commitment to Innovation Now solutions based on safe and reliable technology transfer and our partnership role in milestone projects shaping the future of world energy,” he added.
GE will supply Chevron with three main refrigerant compression trains that are required for Gorgon’s production of 15 million tonnes per annum (mtpa) of LNG.
The company said that it will also supply six compression trains to Gorgon’s carbon dioxide sequestration (C02) project.
The Gorgon Project, is operated by Chevron who own 50% of the joint venture with ExxonMobil and Shell each owning 25%.
