 | |
| Company type | Subsidiary |
|---|---|
| Industry | Oil and gas |
| Predecessor | GE Energy |
| Founded | 2016 |
| Headquarters | , |
Key people | Lorenzo Simonelli (CEO) |
| Revenue | US$16.5 billion (2015) |
Number of employees | 39,000 (2015) |
| Parent | Baker Hughes |
| Website | www |
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.[1]
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 Announces Completion of GE Oil & Gas and Baker Hughes Merger" (Press release). Business Wire. July 3, 2017.