GE to supply natural gas equipment in Australia

GE Oil & Gas (NYSE: GE) received a $620 million, 22-year contractual service agreement to provide a broad range of technology services for QGC’s Queensland Curtis LNG (QCLNG) plant off the coast of Australia.

As part of the contract, GE will provide planned and unplanned maintenance of the GE equipment being installed at the plant, including 15 PGT25+G4 aeroderivative gas turbines, 28 centrifugal compressors, gearboxes, generators and all auxiliary equipment. The contract also includes monitoring and diagnostics. GE Power & Water supplied on-site power generation and water filtration equipment for the new water treatment plant to support the QCLNG project.

The QCLNG plant will be one of the world’s first to turn coal seam gas into liquid natural gas. It is the first of four LNG projects for Curtis Island and is expected to begin production in 2014.

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