GE signs technology agreement with Chevron

GE Oil & Gas have signed a long term service agreement with Chervon Australia to provide subsea services for natural gas operators in Western Australia.

 The agreement expands GE’s service footprint for oil and gas projects in the region, with a focus on Industrial Internet offerings.

Earlier this year GE opened a new oil and gas facility in Perth to help support the subsea project.  “The Broome location was chosen for its proximity to the offshore operation and to complement INPEX’s existing offshore support infrastructure in Broome”.

Lorenzo Simonelli, President & CEO of GE Oil & Gas, stated that most oil and gas sector companies are looking for fresh ways to tackle these challenges and many are turning to technology.

 “Given the current strong headwinds facing the industry, the sector, and the world, is crying out for innovation solution to extracting, transporting and processing oil and gas,” he said.

GE will supply a range of services to Chervon including project management, Inventory storage, preventative maintenance, and obsolescence management.

Mary Hackett, regional director for GE Oil, said “we are proud to expand our relationship with Chevron and to provide Industrial internet services that will support operational efficiency and productivity”.

GE recently signed another service agreement with Santos GLNG Ltd for liquefied natural gas plants. Under the Santos agreement, GE plant managers will receive a notification if a machine is behaving abnormally.

Hackett added, “These agreements also represent GE’s overall commitment to the oil and gas sector within Australia and Western Australia in perceptual the oil and gas facility in Broome, where more than 500 people that work across the GE businesses”. 

To keep up to date with Australian Mining, subscribe to our free email newsletters delivered straight to your inbox. Click here.