Wednesday, December 23, 2009

GE Oil & Gas, Qatar Petroleum sign deal (AP)

HOUSTON — GE Oil & Gas and a subsidiary of Qatar Petroleum said Tuesday that they have signed partnership deals that the companies say will bolster GE Oil & Gas' pipeline business in the Middle East and help Qatar boost oil and gas capacity.

Under the first agreement, Al Shaheen Energy Services will become a 50 percent partner in GE Oil and Gas' PII Pipeline Solutions business that provides services to help secure safe pipeline operations, maximize throughput for operators and maintain cost-effective compliance.

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