GE (GE)

General Electric has received a $400 million order to supply equipment to the world's biggest new liquefied natural gas development, being built by Chevron Corp in Australia.
The company said on Wednesday that it had been tapped to provide compressors to compress the gas and sequester carbon dioxide released during its production. Chevron and partners Exxon Mobil Corp and Royal Dutch Shell expect the project to cost some $37 billion to build.

Oct 22 · 2:21:00 PM · Source: Reuters · Related: Chevron
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by Michael Oliveto