Subsea Expo

Access. Connect. Grow.

GE Strengthens Role in China Compressor Manufacturing with SBW Group

25 October 2010

GE today announced the completion of its acquisition, from Shenyang Blower Works Group Company Ltd. (SBW Group), of a minority equity interest in Shenyang Turbo Machinery Corporation, a large-scale, Chinese state-owned enterprise dedicated to the design and manufacture of turbomachinery equipment and the main operating subsidiary of SBW Group.

Claudi Santiago, president and CEO, GE Oil & Gas said: “GE is committed to a significant local presence and long-term investment in China. This agreement consolidates our 30-year relationship with SBW Group, China’s foremost manufacturer of compressors, and enables GE to continue to support China’s critical energy infrastructure projects with high-end technology and world-class engineering expertise.”

Mr. Su Yongqiang of SBW Group said: “We’re proud of our long-standing relationship with GE Oil & Gas. Together we are supporting some of China’s most important energy projects, including the milestone West-to-East gas pipeline. GE’s equity holding formalizes our successful partnership and provides a strong platform on which to build, working towards shared growth objectives.”

GE Oil & Gas is a major supplier of turbomachinery equipment to PetroChina, owner and developer of the West-to-East gas pipeline infrastructure project, which snakes through 13 provinces and autonomous regions and is playing a vital role in supporting China’s energy security and economic development. Supported by GE Oil & Gas, SBW manufactured compression equipment also for the West-to-East Gas pipeline project.

In addition to the West-to-East pipeline project, GE has been an equipment supplier for Sinopec's Sichuan-to-East China pipeline, which transports natural gas from the Puguang field in Sichuan to Shanghai in China's eastern region. Sinopec (China Petroleum and Chemical Corp.) is China's second-largest oil and gas producer.

Through the drilling and production solutions platform, GE Oil & Gas also supplies equipment and services for upstream exploration and production in China including wellheads, drilling systems, trees, valves, connectors, controls, compressors, gas turbines, multi-phase and reinjection pumps.