Mar. 26, 2009 (China Knowledge) - GE Oil & Gas, the technology leader and overall solutions provider in the oil and gas industry, has won the bid for the second phase of China's West-East Gas Pipeline project, to provide compression equipment worth US$300 million in total, announced its parent General Electric Co (GE) yesterday, sources reported. The project, being constructed by PetroChina<601857><857><PTR>, China's largest oil producer, will be equipped with 28 GE turbo compressors. GE Oil & Gas has adjusted its technology, simplified installation procedures and shortened the trial period to meet the project’s demanding timeline. Previously, GE Oil & Gas won several contracts from China's West-East Gas Pipeline project, earning revenues exceeding US$600 million. Copyright © 2009 www.chinaknowledge.com Send feedback or comments to: news@chinaknowledge.com For more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI | ![]()
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