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Tag: GE Oil & Gas

GE seals Baker Hughes buyout deal, becomes no. 2 oilfield service provider

Posted: July 4, 2017 at 1:55 pm   /   Oil & Gas

General Electric Co on Monday completed its buyout of Baker Hughes Inc, merging it with its own oil and gas equipment and services operations to create the world’s second-largest oilfield service provider by revenue. The new company, to be called “Baker Hughes, a GE company,” will begin trading on Wednesday on the New York Stock […]

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GE to localize its equipment manufacturing in Egypt

Posted: April 20, 2017 at 9:52 pm   /   Oil & Gas

The company is looking for another location to establish a new facility. General Electric (GE) Oil & Gas president and CEO for the Middle East, North Africa, and Turkey region (MENAT), Rami Qasem, stated that the company is committed to Egypt, adding that GE is willing to localize more of its manufacturing in the country. […]

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NAPEC 2017 signals optimism within the Oil & Gas Industry in North Africa

Posted: February 8, 2017 at 7:00 pm   /   Oil & Gas

Major players see opportunities in the region despite production cut to comply with OPEC agreement. The 7th North Africa Petroleum Exhibition & Conferences (NAPEC) to be held from 21-24 March, 2017 in Oran, Algeria, is set to focus on strengthening operational excellence and increasing productivity as the market in North Africa showed signs of stability, […]

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Expanded GE Oil & Gas service facility for a growing Egyptian Industry

Posted: November 22, 2016 at 12:32 pm   /   Oil & Gas

• GE Oil & Gas to expand its services facility  in the industrial free zone with an additional 2,000 sqm. • The expanded facility will handle the assembly, disassembly, repair, maintenance and testing for GE Oil & Gas upstream products. • The facility will include a Training Center for GE customers and employees. Following a […]

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GE Oil & Gas expands services facility in Egypt

Posted: November 4, 2016 at 2:26 pm   /   Oil & Gas

GE Oil & Gas has announced the expansion of its services facility in Egypt with an additional 2,000 sq m in the industrial free zone. The total area of the facility will now reach 5,000 sq m. Following a meeting with Mohamed Khodair, chairman of the General Authority for Investment and Free Zones (GAFI), GE […]

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