gas turbines

General Electric (GE) saw its stock price surge more than 7% on June 26 after the company said it would dissolve its stake in oil services company Baker Hughes and spin off its healthcare unit over the next few years. The announcement comes one day after GE said it would sell its Distributed Power business, […]

Siemens has received an order for three SGT5-4000F gas turbines from United Arab Emirates (UAE). The turbines will be used in Unit H Phase 4 of the Al Aweer power plant complex which is located approximately 35 kilometers from downtown Dubai. DEWA has awarded the project EPC contract to Siemens in a consortium led by […]

Siemens and General Electric, two rivals battling financial problems due to fewer orders for their flagship energy products and services, could each announce major restructuring moves in the coming weeks, according to media reports. Reuters on June 21, citing a person familiar with the matter, said Siemens plans to merge or trim some of its […]

Siemens Chief Executive Joe Kaeser on June 19 said reports last week that the German engineering company was considering a sale of its gas turbines manufacturing unit are “media speculation.” Kaeser made the remarks during an event in Zurich, Switzerland. He told Reuters that his company wants to improve the performance of the turbine unit, […]

Siemens still hasn’t commented on reports it could be looking to sell its gas turbine business. But the managing board member responsible for the company’s power and gas division reportedly issued a memo to staff in the wake of those reports, saying Siemens remains committed to its long-time flagship product. Bloomberg, which on June 13 […]

ORLANDO, Florida (April 26, 2018) — Siemens has received an order from Inter Pipeline Ltd (“Inter Pipeline”) to provide long-term service for two SGT-800 gas turbine generator sets in Canada. The units are scheduled for operation at the Central Utilities Block (CUB), part of the company’s Heartland Petrochemical Complex currently under construction in Alberta’s Industrial […]

The growth in power generation from renewable energy sources, along with the continued shift from coal-fired generation to natural gas, is expected to drive the global market for turbines over the next several years, according to a report released by international business analysts Research and Markets. The Dublin, Ireland-based company in an April 25 news […]

Project includes six SGT-A35 aeroderivative offshore gas turbine packages Contract includes a long-term service agreement Siemens Power and Gas, including its Dresser-Rand business, received an order for four SGT-A35 gas turbine power generation packages and two SGT-A35-driven DATUM CO2 compressor packages for MODEC’s Sépia floating production, storage, and offloading (FPSO) vessel. The vessel, which is […]

Chubu Electric’s Nishi-Nagoya power plant Block-1 in Japan, a plant powered by three GE 7HA turbines and Toshiba Energy Systems & Solutions steam turbine and generator technology, is officially the world’s most efficient combined-cycle power plant, according to Guinness World Records.  The entity that collects and showcases ultimate record-breaking facts highlighted the plant’s achievement of […]

Ansaldo Energia has been awarded a contract by Shanghai Electric Group, worth approximately €40 million, to supply Gas Turbines and Generators for Pancevo Combined Cycle Power Plant in Serbia.  The 200 MW Pancevo combined cycle power plant is owned by TE-TO Pancevo, and Shanghai Electric Group will be responsible for Engineering, Procurement and Construction (EPC) […]