GE Oil & Gas to Supply Turbocompressors to Adgas for Das Island LNG Complex


ABU DHABI, UAE - May 31, 2007 - GE Oil & Gas has been awarded a contract to supply two gas turbine-driven turbocompressor trains to the Abu Dhabi Gas Liquefaction Company (ADGAS).

The equipment will be used for feed gas service to compress natural gas from the ADGAS Das Island LNG complex through a 200-kilometer subsea pipeline to Ruwais and a 100-kilometer onshore pipeline to the onshore Habshan plant managed by GASCO, where the gas will be processed.

Das Island is part of the emirate of Abu Dhabi, United Arab Emirates, but lies well offshore, about 100 miles northwest of the mainland. It exports crude oil, LPG and liquified natural gas by ship around the world as far as Japan and Europe.

ADGAS, which is part of the Abu Dhabi National Oil Company (ADNOC), is one of the largest processors of LNG in the Middle East. The Das Island site already includes a power plant based on five GE Frame 5 gas turbines, LPG as well as LNG plants, and facilities for approximately 2,000 workers located on the island.

The new turbocompressor trains will be driven by GE Frame 5D gas turbines, with each compression train including a low-pressure and a high-pressure casing. Each train also will be equipped with a waste heat recovery unit for steam production.

The equipment will be manufactured at GE Oil & Gas facilities in Florence, Italy and shipped to Das Island in August of 2008, following string testing. Installation, commissioning and start-up of the new trains are expected to take an additional 12 months, with commercial operation targeted for the fourth quarter of 2009.

"Das Island is very important to the continuing growth of the LNG industry in Abu Dhabi, and we are very pleased to support the project with technology designed to meet the specific needs of this application," said Claudi Santiago GE senior vice president and president and CEO of GE Oil & Gas. "This project reinforces GE's already strong presence in Abu Dhabi and across the United Arab Emirates, where we have been providing the high-tech products and services necessary to meet the region's energy and industry needs."

A recent example was the announcement in 2006 that GE Oil & Gas will upgrade gas turbines and compressors at the GASCO Asab gas plant for the Asab Gas Development AGDII project in Abu Dhabi.

In addition to providing technology and services to help customers increase their productivity, GE is also investing in the development of local engineering talent. In 2005, GE signed an agreement to support the development of a specialized laboratory in the Department of Engineering at the Petroleum Institute in Abu Dhabi.

About Das Island
The most famous of Abu Dhabi's islands is Das, which is the centre of storage and export operations of crude oil and gas extracted from the Emirate's offshore fields. It was from Das that the first Abu Dhabi oil shipment was exported in July 1962. Das is also the site of the first plant of its kind in the Gulf area and the Middle East; ADGAS LNG Plant, which was commissioned in 1977, with its first shipment exported to Japan in April 1977.

Das island lies within the territorial waters of the Emirate of Abu Dhabi, approximately 160 Km. northwest of Abu Dhabi city. Its total area is about 2.5 km.

Despite its limited size, Das island is one of the most important industrial and petroleum centers, not just in Abu Dhabi but in the whole Gulf area, as well, especially so in view of its sophisticated plants and facilities that employ advanced, up-to-date technological methods. This is all supported and consolidated by the Island's modern services and facilities that are enjoyed by everybody who lives and works there.

About GE's Oil & Gas business
GE's Oil & Gas business is a world leader in advanced technology equipment and services for all segments of the global oil and gas industry. Based in Florence, Italy, the company offers complete solutions for production, LNG, transportation, storage, refineries and petrochemicals, as well as pipeline integrity solutions including pipeline inspection and pipeline asset management. Through its recent acquisition of VetcoGray, GE Oil & Gas has added products, systems and services for onshore and offshore drilling, completion and production to its portfolio.

For more information, contact:

Gabriele Peri
GE
Oil & Gas
+39 055 423 8280
gabriele.peri@ge.com

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