General Electric Oil & Gas (NYSE: GE) and Petrojet Egypt, a multidisciplinary contractor who specializes in providing EPC services for the oil and gas sector, celebrated Monday the local manufacture in Egypt of the 1000th API Certified Sucker Rod pumping unit. The 1000th pumping unit celebration was formally inaugurated by senior government officials and representatives of GE Oil & Gas and Petrojet. GE Well Performance Services (WPS) sub-business, which includes the Lufkin product line, has historically focused on the manufacture of artificial lift solutions including beam pumping systems, hydraulic pumping units, plunger lifts, gas lifts, progressive cavity systems, automation equipment, well optimization and services for the oil and gas sector. The 1000th pumping unit manufactured locally in Egypt by Petrojet is a significant milestone for the company, highlighting its competencies in meeting the requirements of the Egyptian domestic oil and gas sector. Rami Qasem, President & CEO of GE Oil & Gas for the Middle East, North Africa and Turkey, said: "One of the core commitments of GE to Egypt, where we have had a presence for over 40 years, is to promote localized manufacturing that strengthens the domestic supply chain for the oil and gas sector. The achievement by GE's Well Performance Services highlights our ability to deliver advanced technological solutions to our customers faster as well as provide them the required support services locally. Strengthening the operations of GE Oil & Gas enables us to be closer to our customers and help enhance their operational efficiency." "The highly successful model of integrating Petrojet's extensive knowledge and potential in the Egyptian, Middle Eastern and African markets with the abilities of a partner like GE has undoubtedly been mutually beneficial for both parties and added real value to customers in Egypt, the Middle East and nearby markets by providing an affordable world-class product in a short delivery time," said Eng. Mohamed Shimy, Chairman of Petrojet. Petrojet's key fabrication facility is located in Kattamia, and has 25 years of experience in manufacturing process static equipment for oil and gas plants. It was the first partner of GE WPS outside the United States for building surface-well pumps that have reached several oil fields in Egypt, as well as Arab and European countries. A follow up two-day customer training event will be held on October 7 and 8, 2014. The training will include sessions by GE Oil & Gas experts on progressive cavity pumps; gas, plunger and hydraulic lifts; beam pumping systems; electric submergible pumps and surface pumping systems; GE Well Automation/Optimization and GE Power to LiftTM solutions. The event will conclude with a panel discussion focused on the key challenges and opportunities in the Egyptian oil and gas sector. GE Oil & Gas partners with Egyptian Liquefied Natural Gas (ELNG), one of the world's largest producers of liquefied national gas (LNG). Established with the Egyptian Natural Gas Company, GE's Pipeline Integrity Management Center of Excellence (PIMCOE) is focused on delivering proactive and cost effective services to Egypt's national gas grid and other customers in the petroleum sector. GE has also signed an agreement that will help bring electricity to more than 2.5 million additional homes in Egypt with the installation of eight 9FA turbines at the Giza North and Banha combined-cycle power plants that will together add 3GW of power to the country's grid. In another key partnership, GE has signed an agreement to support Carbon Holdings in Egypt on a US$3.8 billion naphtha cracker plant in Ain Sokhna. GE has a strong presence in Egypt in the healthcare, transportation and aviation sectors too.
