GE And Technip Tie Up In LNG

Published at 04:15PM - 14/06/16

GE Oil & Gas and Technip signed a Memorandum of Understanding (MoU) today to cooperate in the creation of digital solutions for the liquefied natural gas (LNG) industry.

The two companies will be working together in assessing the application of digital solutions to the engineering, construction, commissioning, start-up and operation of LNG facilities, according to a statement issued by the firms.

“This partnership is a milestone for the oil and gas industry’s digital journey. (…) By embedding digital thinking at the very beginning of project development, we are truly building the digital future of oil and gas”, GE Oil & Gas Turbomachinery Solutions President and CEO, Rod Christie, said.

GE And Technip Tie Up In LNG

According to the executive, the companies will combine their complementary areas of expertise, to explore new digital capabilities for LNG that can then be applied from the design and construction phase to the operational phase.

“We are entering this partnership with the same pioneering spirit which inspired us 50 years ago when Technip built the world’s first LNG plant”, Technip’s Onshore Offshore President, Nello Ucelletti, said. “We are also convinced this partnership will represent another step forward in the LNG industry”, he added.

Technip CEO Thierry Pilenko (l)
Technip CEO Thierry Pilenko (l)

According to GE Oil & Gas Chief Digital Officer, Matthias Heilmann, “this marks the next era of digital application development for the oil and gas sector”. “Expanding digital into planning phases will enable operators to optimise machines, facilities and operations from the very start. This will provide tremendous speed in execution, shortening project delivery schedules”, he added.

Technip Gets Contract In The Gulf of Mexico

Technip was also awarded a contract today, by the offshore oil and gas service provider, Boa.

The agreement involves light construction, heavy lifting and possible umbilical lay operations and installations in the Gulf of Mexico.

According to the company, the contract will have a maximum duration of five months, including mobilisation and options.

The project will entail the use of the offshore construction vessel Boa Sub C, which is to start mobilisation right after completion an ongoing project offshore Africa.

Last updated on 10:40AM - 15/06/16