5 February 2010

"REP Holding" executives took part in the GE Oil & Gas Annual Meeting (Florence, Italy on February 1st and 2nd 2010)

The GE Oil & Gas Annual Meeting for partners and customers, working in the oil and gas industry was held in Florence, Italy on February 1st and 2nd 2010.

The GE Oil & Gas Annual Meeting is a conference dedicated to showcasing advanced technology solutions for all segments of the oil and gas industry, from drilling and production through processing and the formation of hydrocarbon based products.

Program highlights include presentations by top oil and gas company executives, seminars and workshops on GE's new and emerging technologies, a product fair featuring a broad array of advanced technology solutions, and tours of GE’s state-of-the-art manufacturing and testing facilities in Florence and Massa where some of the world’s largest and most advanced oil and gas machinery is manufactured, packaged, tested and readied for installation in projects throughout the globe.

The Meeting was attended by representatives of major international companies such as ExxonMobil, Conoco Phillips, British Petroleum, Chevron, Gazprom, etc.

Our company was represented by the president of "REP Holding" Gennady Lokotkov and vice-president Boris Shaydak.

The 2010 theme, "Innovation Now", was focused on solutions for the industry’s most challenging and urgent production, transportation and processing requirements, including enhancing productivity, controlling costs and protecting the environment.

While discussing modern gas transport the cooperation between General Electric Nuovo Pignone and "REP Holding", concerning turbine MS 5002 E production in Russia and the creation on its basis the current GPA, was noted as a positive and perspective. These units will be used not only on the pipe Bovanenkovo-Ukhta, but also on the newly planned gas pipeline «South Stream», and eastern pipelines.

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