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KBR AND GENERAL ELECTRIC FORM ALLIANCE
HOUSTON - KBR (Kellogg Brown & Root) Production Services group and GE Power Systems have today announced that they have formed a formal strategic alliance to serve the global oil and gas market with an enhanced portfolio of Asset Management and Operations & Maintenance services. KBR is the engineering, construction and services subsidiary of Halliburton Company (NYSE:HAL).
The alliance combines the resources of two of the world's largest service providers integrating the oil & gas industry leading asset and maintenance management expertise of KBR's Aberdeen-based Production Services group with the extensive equipment technology and servicing capabilities of GE Power Systems (GEPS), including GE Oil & Gas and GE Aero Energy.
This alliance builds on the successful business relationship developed between KBR and GEPS over several decades and will allow the companies to proactively deliver superior operational effectiveness and production capability to the oil and gas industry, including the complete range of GE's LM Aeroderivative, Frame 5, and Frame 6 gas turbines, Rolls Royce Avon and Pratt & Whitney GG-4 gas generators, and GE Oil & Gas' extensive gas compressor maintenance capabilities.
Tadg Slattery, Vice President of KBR's Production Services group said, "Both KBR and General Electric enjoy a good reputation and presence in our respective fields of operation. This alliance integrates our combined experience and expertise to offer clients a substantially enhanced service which will be hard to match anywhere else."
"The alliance with KBR is the latest example of our ongoing strategy to expand our portfolio of products and services by developing partnerships with other leading experience and technology leaders," said Claudi Santiago, president of GE Oil & Gas. "Customers of both companies worldwide will benefit from the formation of this new team."
KBR's Production Services group is a leading global onshore and offshore contracting organization with a world-wide reputation for providing highly skilled project management, engineering, maintenance and construction services to the oil, gas and process industries.
KBR is a global engineering, construction and services company. Whether designing a chemical plant; serving as a defense industry contractor; or providing small capital construction, KBR delivers world class service and performance.
Founded in 1919, Halliburton is one of the world's largest providers of products and services to the petroleum and energy industries. The company serves its customers with a broad range of products and services through its Energy Services Group and Engineering and Construction business segments. The company's World Wide Web can be accessed at www.halliburton.com.
GE Oil & Gas is headquartered in Florence, Italy, the home of Nuovo Pignone, a long-time global leader in gas compression and turbo generation products. GE acquired ownership of Nuovo Pignone in 1994 and since then has continued to expand its oil and gas business with the addition of Gemini, GE Packaged Power Odessa, Rotoflow, A-C Compressor and Conmec, all of the United States; Thermodyn of France; and PII Pipeline Solutions of the United Kingdom.
GE Aero Energy is a leading supplier of aeroderivative gas turbines for industrial and marine applications and is also the world's largest and most experienced aeroderivative gas turbine service provider. GE Aero Energy provides power-generating equipment to utilities, industries and marine fleets throughout the world. In addition, GE Aero Energy provides comprehensive maintenance coverage and is dedicated to helping its customers improve their operations through reduced plant downtime, improved efficiency, and enhanced power or production output.
GE Power Systems (www.gepower.com) is one of the world's leading suppliers of power generation technology, energy services and management systems with 2002 revenues of nearly $23 billion. Based in Atlanta, Georgia, GE Power Systems provides equipment, service and management solutions across the power generation, oil and gas, distributed power and energy rental industries.
Contact
Sarah Houston
sarah.houston@halliburton.com
KBR
Public Relations
(p) 44.1224.777194
Employment Contact
Overseas & US Employment with KBR
www.kbrjobs.com
(p) 866.308.5239
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Supplier Diversity Contact
Erin Petkovich
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