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News & Press: Headlines

GE, Transocean Announce Performance-Based Service Agreement

Wednesday, January 11, 2017  
GE Oil & Gas has secured a new contractual service agreement (CSA), valued at approximately $180 million, with Transocean. Under the agreement, GE will provide condition-based monitoring and maintenance services for pressure control equipment on seven of Transocean’s rigs over the next 10 to 12 years. More...