Tag: Converteam
GE acquires
GE Energy has announced that it has acquired Converteam for USD 3.2 billion. As part of the growing trend of electrification in the oil and gas industry, its technologies are used to drive mission critical customer equipment in the production and transportation of hydrocarbons, said GE in the announcement.
Natural gas project
Converteam has been commissioned by Chipeta Processing LLC to supply a complete Variable Speed Drive System (VSDS) to control two natural gas compressor trains at the Chipeta Processing Plant in Utah. The VSDS
GE Energy to Acquire Converteam
GE’s Energy business has entered into an agreement to acquire approximately 90% of electrification and automation equipment and systems company Converteam, for approximately USD 3.2 billion.