Britain's Rolls-Royce said it would sell its energy gas turbine and compressor business to German conglomerate Siemens AG for 785 million pounds($1.33 billion).
Rolls, whose energy gas turbine and compressor business has aroun
General Electric Company said it has signed a nearly $700 million deal with Saudi Electricity Company to supply natural gas turbine generators.
The order comes as demand for GE's generators has begun to slowly recover after be
Siemens, the global engineering and energy company, has been awarded two major contracts valued at approximately SR1 billion ($266 million) by Saudi Electricity Company (SEC).
The first contract includes the supply of five SGT6-20
Abu Dhabi-based Emirates Aluminium (Emal), one of the largest single site smelters in the world, has completed the installation of three new gas turbine units at its flagship industrial project in the emirate.
The construction of
Siemens said it has won a contract worth more than 100 million euros ($128 million) from Erbil-based KAR Group to supply gas turbines and generators for a gas turbine power plant in northern Iraq.
As per the contract, Siemens will
GE Oil & Gas has signed a contract with Qatar Operating Company Limited (Qatargas) to supply advanced combustion technology that will help reduce gas turbine emissions at its utility complex unit.
Announcing the deal on Monday at the W
GE said it has clinched contracts worth $300 million to supply six gas turbines and associated services to the Egyptian Electricity Holding Company for two new combined-cycle power plants near Cairo.
GE and its Chinese consortium partner,
Global technology leader GE has signed a multi-million dollar agreement with Mass Global Investment Company, an independent power producer (IPP) in Northern Iraq, for the maintenance of its gas turbines in the country.
The agreement i
Siemens is targeting the Saudi Arabian market for the 60 Hertz version of its SGT-8000 gas turbine series.
The turbine, which has already been ordered by customers in the US and Korea, has started test operation.
Siemens has enlarg
Ansaldo Thomassen Gulf (ATG), a leading high-tech gas turbine repair centre in the Middle East, said it is actively pursuing business opportunities in Bahrain, a strategic market for the company.
The company announced this at a technical s