Subsidiary | |
Industry | Oil and gas |
Predecessor | GE Energy |
Founded | 2016 |
Headquarters | London, United Kingdom |
Key people
|
Lorenzo Simonelli (CEO) |
Revenue | US$16.5 billion (2015) |
Number of employees
|
39,000 (2015) |
Parent | General Electric |
Website |
www |
GE Oil & Gas was a subsidiary of the American multinational conglomerate corporation General Electric that is now part of Baker Hughes, a GE company. Headquartered in London, United Kingdom, the company supplies mission critical equipment for the global oil and gas industry, used in applications across all segments of the oil and gas value chain, including drilling, subsea and offshore, onshore, LNG, distributed gas, pipeline and storage, refinery and petrochemical.
GE Oil & Gas also designs and manufactures surface and subsea drilling and production systems, equipment for floating production platforms, compressors, turbines, turboexpanders, high pressure reactors, industrial power generation and a broad portfolio of auxiliary equipment. At the 2014 Investor Meeting, it was reported that GE Oil & Gas operate 304 manufacturing and service shops in the world’s main oil and gas extraction and production regions, and provides upgrades to customers’ machines. GE Oil & Gas also provide pipeline integrity solutions, sensor-based measurement, inspection, and asset condition monitoring, controls and radiation measurement solutions.
In 2016, GE Oil & Gas employs approximately 37,000, serving customers in over 140 countries.