GE Oil & Gas awarded $43 million compression units contract

GE Oil & Gas has signed a $43 million contract with Snam Rete Gas to supply three new compression units and services for three compression stations in Italy.

GE Oil & Gas has signed a contract with Snam Rete Gas to supply three new compression units and services for compression stations in Gallese, Tarsia and Melizzano. The stations are part of the Snam Rete Gas nationwide gas pipeline network in Italy.

Under the contract, valued at $43 million, the first unit is scheduled to be shipped in the first quarter of 2004, with commercial operation set to begin during the third quarter of that year. The equipment will be manufactured at the GE Oil & Gas facility in Florence, Italy.

Each of the three compression units will include a GE PGT-25 gas turbine with an ISO-rated power output of 23 megawatts, and a PCL602 centrifugal compressor. The units will be supplied with a predictive emissions monitoring system for continuous NO2 and CO monitoring, and also will be connected with a remote monitoring and diagnostics system.

In addition to supplying the equipment, the scope of the GE contract also includes erection, commissioning and startup activities, spare parts and training.

Under a separate, ten-year contractual service agreement, GE will offer operation and maintenance services for the three compression units.