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Nuovo Pignone S.p.A Signs Equipment and Services Agreement With Petronas

Posted on June 17, 2009

GE Oil & Gas affiliate Nuovo Pignone S.p.A has signed a global frame agreement with Petronas, Malaysia’s state-owned oil company, for the supply of a range of gas turbines and compressors for Petronas’ projects in Malaysia and other parts of the world.

The signing of this agreement follows the signing of other global frame agreements initiated by Petronas with its key equipment suppliers to streamline its procurement activity throughout the Petronas Group as well as its production sharing contractors.

“GE Oil & Gas has a very diversified portfolio of products and services to offer Petronas,” said Sandro Malquori, Asia Pacific regional sales manager for GE Oil & Gas. “The global frame agreement will facilitate the procurement of long-lead time items.”

In addition to equipment supply, the new arrangement with Petronas also includes a long term service agreement. GE Oil & Gas through its Malaysian partner Sapura Power Services Sdn Bhd will undertake to provide a wide range of services designed to enhance equipment efficiency and performance during the period of the frame work agreement, including spare parts, maintenance, repairs and on-line monitoring.

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