GE inks deal to power oil refinery in Nigeria

The 12-year agreement includes the provision of parts, spares, repairs and services over two major inspection cycles for three units of GE’s TM2500 aeroderivative gas turbines earlier installed at the plant site in March 2015.

“As an integrated energy company with a constant focus on commitment for greater efficiency in our investments and reduction of our costs without compromising the safety and production goals of our customers, we have been working with GE for several years to ensure optimum performance of the power generation assets installed at our various plants” said Akinwole Omoboriowo II, Chairman, Genesis Energy Holding. “We are pleased with this unique transaction experience with GE, which will help our esteemed customer, the Nigerian National Petroleum Corp., to accomplish the scheduled outages of our assets at the Port Harcourt Refining Company, while also increasing significantly our savings in maintenance throughout the duration of the agreement”.

GE’s Power Services offering will feature the expanded capabilities on GE’s TM2500* fast power solution assets installed at the plant. GE’s TM2500* aeroderivative gas turbines enable governments, utilities, and businesses around the world to fulfill their generation requirements within days.

Sustaining gas turbine performance in these present times of ever-shrinking budgets can be a difficult challenge. As oil prices are a determinant of the country’s growth pattern; this service agreement is crucial to help improve power supply for the constant production of one of the nation’s leading facilities,” said Narendra Asnani, Executive Sales Director for GE Power Services, Sub-Saharan Africa. “I’m therefore very proud we’ll be able to provide the right tailored services solutions to help reduce GELUL’s operational and maintenance costs, while providing operational and technical support for the next 12 years.”??

The state-owned refinery will have an optimal supply of the power it needs to run its plant reliably and efficiently. With production capacity currently at approximately 210 000 bpd, Port-Harcourt refinery needs a constant supply. of power with no room for downtime to the facility and its operations.??

Read the article online at: https://www.hydrocarbonengineering.com/refining/06112018/ge-inks-deal-to-power-oil-refinery-in-nigeria/