Tag Archives | GE

GE Boss Sees "Huge Potential" in Iraq

By John Lee. The head of GE’s Middle East operations has told Arabian Business that there is huge potential in Iraq, but says he expects delays in the decision making and execution of significant infrastructure projects as civil unrest in the country grows. Nabil Habayeb (pictured) said: “What’s happening in Iraq concerns us first of […]

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Pentagon to Sell Apaches to Iraq

By John Lee. The US Defense Security Cooperation Agency (DSCA) has notified Congress of a possible Foreign Military Sale to Iraq for AH-64E APACHE LONGBOW Attack Helicopters and associated equipment, parts, training and logistical support for an estimated cost of $4.8 billion. The Government of Iraq has requested a possible sale of 24 AH-64E APACHE […]

BGR Energy Signs $246m Deal

By John Lee. BGR Energy Systems has signed a contract with the Ministry of Electricity for engineering, procurement and construction (EPC) of four 125-MW gas-fueled power project at Nasiriya. The Economic Times reports that the contract is valued at $246 million and includes the scope of engineering, procurement and construction services of BOP, civil works […]

GE Opens New Facility to Help Boost Oil Production

By John Lee. Underlining its commitment to help strengthen Iraq's energy infrastructure, GE Oil & Gas has established a new technology and service center near Basra City. The facility, which was opened earlier this month, brings the latest GE technology and expertise to local customers to help boost production in the Rumaila oil field. In […]

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Iraq Close to Decision on $3bn Power-Plant Projects

Bloomberg reports that Iraq will award seven major electricity generation contracts within the next 2 weeks as part of a three-year plan to expand power capacity. Kosay Sattar, the Electricity Ministry's director general of planning, said companies from Iran, Europe, Egypt and South Korea are bidding for $3 billion of orders to build 7,000 megawatts […]

Enka Signs $235m Iraqi Power Deal

Reuters reports that Iraq has signed a $235-million electricity deal with a subsidiary of Turkey's Enka Insaat to install a 500-megawatt power plant in the Al-Najibiya district of Basra. The company will install four General Electric (GE) gas units, each with a capacity of 125 megawatts, within the next 16 months, said electricity minister Karim Aftan. […]

GE to Help Iraq in Healthcare Infrastructure

GE Healthcare, the healthcare business of GE (NYSE: GE), showcased its range of advanced healthcare technologies that will enable Iraq to develop a modern healthcare infrastructure, at the 38th Baghdad International Trade Fair held recently. GE Healthcare participated in the exhibition themed ‘Construction New Investment in the New Iraq’ as part of the USA Pavilion. […]

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GE Opens New Offices in Iraq

GE marked the opening of its dedicated office in Erbil, the capital of the Kurdistan Region of Iraq, with the first GE Day. The event underlined the company’s focus on strengthening public private partnerships, highlighted by the recent multi-million dollar, multi-year agreement with Mass Global Investment Company to support power distribution in Northern Iraq. GE […]