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GE Oil and Gas
GE Oil & Gas was the division of General Electric that owned its investments in the petroleum industry. In July 2017, this division was merged with Baker Hughes.
The division supplied equipment for the petroleum industry including drilling, subsea and offshore, onshore, LNG, distributed gas, oil pipeline and oil storage, oil refinery and petrochemical. GE Oil & Gas also designed and manufactured surface and subsea drilling and production systems, equipment for floating production platforms, gas compressors, gas turbines, turboexpanders, high pressure reactors, industrial electricity generation. GE Oil & Gas also provided pipeline integrity solutions[buzzword], sensor-based measurement, inspection, and condition monitoring, controls and radiation measurement solutions.[buzzword]
In 2016, GE Oil & Gas employed approximately 37,000 people, serving customers in over 140 countries.
The division was part of the GE Power (formerly GE Energy) division of General Electric.
GE entered the petroleum industry in 1994 with the acquisition of Italian company Nuovo Pignone (previously owned by ENI S.p.A.).
In 2002, the division acquired Bently Nevada, a condition monitoring instrumentation company that provides services for sensors, systems and monitoring machinery vibration. Products included plant asset management systems related to vibration monitoring, machinery protection, software and engineering services. Bently Nevada was added to the GE Measurement & Control division.
In 2007, GE acquired Vetco's Vetco Gray for $1.9 billion. VetcoGray operated in around 30 countries and was one of the world's leading suppliers of drilling, completion and production equipment for on- and offshore oil and gas fields, including subsea applications.
In October 2007, GE acquired Sondex Plc, a UK-based oilfield services technology company that specialized in the engineering and manufacturing of directional drilling and formation evaluation systems and wireline tools for the production of oil and gas, for £290 million.
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GE Oil and Gas
GE Oil & Gas was the division of General Electric that owned its investments in the petroleum industry. In July 2017, this division was merged with Baker Hughes.
The division supplied equipment for the petroleum industry including drilling, subsea and offshore, onshore, LNG, distributed gas, oil pipeline and oil storage, oil refinery and petrochemical. GE Oil & Gas also designed and manufactured surface and subsea drilling and production systems, equipment for floating production platforms, gas compressors, gas turbines, turboexpanders, high pressure reactors, industrial electricity generation. GE Oil & Gas also provided pipeline integrity solutions[buzzword], sensor-based measurement, inspection, and condition monitoring, controls and radiation measurement solutions.[buzzword]
In 2016, GE Oil & Gas employed approximately 37,000 people, serving customers in over 140 countries.
The division was part of the GE Power (formerly GE Energy) division of General Electric.
GE entered the petroleum industry in 1994 with the acquisition of Italian company Nuovo Pignone (previously owned by ENI S.p.A.).
In 2002, the division acquired Bently Nevada, a condition monitoring instrumentation company that provides services for sensors, systems and monitoring machinery vibration. Products included plant asset management systems related to vibration monitoring, machinery protection, software and engineering services. Bently Nevada was added to the GE Measurement & Control division.
In 2007, GE acquired Vetco's Vetco Gray for $1.9 billion. VetcoGray operated in around 30 countries and was one of the world's leading suppliers of drilling, completion and production equipment for on- and offshore oil and gas fields, including subsea applications.
In October 2007, GE acquired Sondex Plc, a UK-based oilfield services technology company that specialized in the engineering and manufacturing of directional drilling and formation evaluation systems and wireline tools for the production of oil and gas, for £290 million.
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