GE Press Release:

GE Oil & Gas to Deploy First High-Speed Direct Drive Motor-Compressor Solution for Offshore Platforms

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January 28, 2013

Total Norway’s Martin Linge Project in North Sea to Showcase Benefits of Variable Speed Direct Drive Motor-Compressor Solution for Offshore Applications

FLORENCE, ITALY—January 28, 2013—Building on its reputation as a global leader in developing innovative production solutions for the offshore oil and gas industry, GE Oil & Gas (NYSE: GE) today announced it has received a contract for the supply of four complete, variable frequency drive high-speed electric motor and centrifugal compressor packages for Total E&P Norge’s new offshore production platform on the Martin Linge oil and gas field. The area is located 150 kilometers off the coast of Norway in the North Sea. Production at the Martin Linge field is scheduled to start in 2016.

The Martin Linge project will benefit from the first application of GE’s high-speed direct drive motor-compressor package in an offshore environment. This is an important technology milestone. The packages combine GE Oil & Gas’s advanced centrifugal compressor technology on Active Magnetic Bearings (AMBs) with GE Power Conversion high-frequency variable speed drive and high-speed motor technology. In addition, one of the packages has a unique configuration with a central high-speed electrical motor driving one centrifugal compressor from one end and a two-section compressor from the other end.

GE Oil & Gas is a global supplier of equipment for offshore production units. Over the past 10 years, the company has provided gas turbines, compressors and additional equipment for fixed and floating production storage and offloading projects in countries worldwide including Angola, Brazil, Canada, China, Nigeria, Norway, South Africa and the U.K.

This contract illustrates how GE is able to offer an integrated, single-source solution by taking advantage of GE Power Conversion’s extensive experience and successful track record with solutions that drive compressors with high-speed, stand-alone induction motors.

This Martin Linge project with Total is an important industry reference for GE’s direct high-speed driven compressors with AMBs.

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About GE Power Conversion

GE acquired Power Conversion (then known as Converteam) in September 2011. GE’s Power Conversion business applies the science and systems of power conversion to help drive the electric transformation of the world’s energy infrastructure. Designing and delivering advanced motor, drive and control technologies that evolve today’s industrial processes for a cleaner, more productive future, it serves specialized sectors such as energy, marine, industry and all related services. To learn more, please visit: www.ge-energy.com/electrifyingchange.

About GE Oil & Gas

GE Oil & Gas is a world leader in advanced technologies and services with 37,000 employees in more than 100 countries supporting customers across the industry—from extraction to transportation to end use. Making the environment, health and safety, quality and integrity our highest priorities is The Way We Work. Our technologies and services include: surface and subsea drilling and production, monitoring and diagnostics, measurement and controls, large-scale LNG, pipeline compression and inspection, well site and industrial power generation, technologies for the refining and petrochemical industries, and modular CNG and LNG units for transportation sectors. Through our customized service solutions, training programs and technologies, GE Oil & Gas partners with customers to maximize their efficiency, productivity and equipment reliability; develop their next generation workforce; and fully benefit from the megatrends of natural gas, the growth of subsea and hard-to-reach reserves and the revolution in asset health management.

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