GE Oil & Gas Announces Long-Term Services Agreement with Qatar Fertiliser
GE Oil & Gas (NYSE: GE) announced its Downstream Technology Solutions (DTS) business has been awarded a long-term service contract with Qatar Fertiliser Company QSCC (QAFCO) to help optimize the performance of the company’s fertilizer plant in Mesaieed, Qatar. QAFCO is one of the world’s largest fertilizer producers.
The actual agreement is between QAFCO and GE’s joint venture with Qatar Petroleum, Al-Shaheen GE Services Company (QSC), which supports GE’s regionalization strategy of deploying capability and resources closer to its customers around the world.
The long-term service agreement covers the standard maintenance and repairs of existing GE on-site power and compression equipment as well as training for QAFCO workers and site operators. QAFCO’s Mesaieed facility produces ammonia and urea contributing to the total QAFCO annual production capacity of 3.8 million MT of ammonia and 5.6 million MT of urea.