General Electric Co. is tapping proceeds from the sale of NBC to fund its $3.3 billion purchase of Lufkin Industries Inc. as Chief Executive Officer Jeffrey Immelt takes advantage of an oil-drilling ...

Petroleum Development Oman (PDO) has handed GE Oil & Gas a $250 million compressor supply job as the Oman state-run player works to boost output from its gas fields. Under the multi-year, ...

For more efficient extraction of gas from depleted wells in four of its gas fields, Petroleum Development Oman (PDO) has turned to advanced, high-pressure compression technology from GE Oil & Gas. For ...

LUFKIN's oil field pumping units are known throughout the world as the industry standard. The types of units produced include conventional Mark II, beam-balanced, air-balanced, low profile, slant hole ...

The FINANCIAL — GE Oil & Gas signed a contract with Avanzia Group to refurbish and upgrade four CO2 compression trains including all the auxiliaries and BOP (Balance of Plant) components of Mexico’s ...