GPIC signs deal with GE Oil & Gas

Manama : The Gulf Petrochemical Industries Company (GPIC) has signed a long-term bilateral agreement with GE Oil & Gas to enhance efficiency of its major plant operations and support and supervise periodic maintenance of all GE Oil & Gas equipment according to the highest quality, health and safety standards.

In his comments, GPIC President Dr. Abdulrahman Jawahery said the agreement is a turning point in the strong partnership between the two companies and would contribute to enhancing efficiency of the company’s factories which produce Ammonia and Methanol and promote Bahrain’s manufacturing industries, besides supporting the national economy.

According to the agreement, GE Oil & Gas will provide a full range of field services, spare parts and maintenance for its plants as well as cover manufacturing services for all its major equipment including carbon dioxide compressors and gas turbine generators. 

Dr. Jawahery said they are focussed on enhancing the efficiency and overall safety standards of plants, reducing downtime and increasing efficiency of operational processes, critical to achieving the company’s production goals. He said the agreement would provide GPIC with the latest technology in this field.

GE Oil & Gas Chief Executive Officer of Saudi Arabia & Bahrain  Zaher Ibrahim said the agreement would enhance efficiency of GPIC’s plants, besides contributing significantly to raising levels of productivity and operational safety.

GPIC was set up in 1979 as a joint venture between the Gulf Cooperation Council (GCC) countries. It is equally owned by the National Oil and Gas Holding Authority of Bahrain, the Saudi Basic Industries Corporation and the Petrochemical Industries Company of Kuwait.