What happened to GE Oil and Gas?


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Diesel, Gasoline, Hybrid, LPG, CNG? Energies

GE plans to combine its power unit and its renewables unit, which make turbines for power plants and wind farms, respectively, and spin off that operation in early 2024.

The company’s remaining digital division will also move into the energy business. These units together had revenues of US$33 billion in 2020. GE plans to spin off the healthcare unit in early 2023.

This would leave behind a GE focused on jet engine manufacturing and maintenance. This unit, a key supplier to Boeing Co, has been hit hard by the pandemic and had revenues of US$22 billion in 2020.

GE’s board began considering the plan in the spring, Mr. Culp said, as efforts to reduce GE’s debt and improve operations had progressed enough to consider such a move. “We looked at this and other options,” he said. “It was clear that this is the right path for GE.”

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Types and correct selection of compressors / Jorge Romero

SONAGAS GE announces that it has successfully completed the acquisition of new shares in EGLNG, 5% of shares from the partners (Marathon, Mitsui and Marubeni) as a result of the negotiations of the Alen Gas Back Fill project plus all the shares of Mitsui, thus increasing from 25 to 37.9%. SONAGAS GE remains the majority shareholder after Marathon.

Teodoro Obiang Nguema Mbasogo, Head of State and Government and founding President of the Democratic Party of Equatorial Guinea, the National Company of Equatorial Guinea (SONAGAS GE) acquired the tanker SONAGAS GE TANKER to not only guarantee the LPG supply in the continental part of the country but also in the not too distant future to sell this product in other countries of the sub-region.

Thanks to this new ship that has a capacity to transport more than 3,400 m³, equivalent to 140 thousand LPG tanks, which includes the start up of the new domestic gas (LPG) bottling plant in the continental part, SONAGAS GE can be proud that the population of this continental part that has been suffering for a long time from the acquisition of this product finally arrives the moment in which the slogan “National Gas for All” becomes a reality.

How a Gas Turbine works / Funcionamiento de una Turbina

General Electric Company, also known as GE, is a highly diversified U.S.-based multinational infrastructure, financial services and media conglomerate corporation.

Originally incorporated in Schenectady, New York, the company is now headquartered in Fairfield, Connecticut.[1][3] From energy, water, transportation and healthcare to financial and information services, GE is present in more than 100 countries and has more than 300,000 employees around the world.

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In 1919, GE founded Radio Corporation of America (RCA) to promote international radio. GE used RCA as its radio sales division until 1930, when the company was spun off from GE. RCA itself quickly grew into an industrial giant.

GE is a multinational conglomerate headquartered in Fairfield, Connecticut. Its New York headquarters are located in Rockefeller Center at 30 Rockefeller Plaza (also known as the GE Building because of the prominent GE logo on its roof). The headquarters of the NBC television network (acquired by GE in 1986) is located in the building. Through its subsidiary RCA, it has been associated with the Center since its construction in the 1930s.