GE’s new NovaLT16 gas turbine will have mechanical efficiencies of up to 37% – raising the efficiency and reliability standards for oil and gas applications in the 10-20 MW power range.

Calibrated for 16.5mW and 7.800TM, this turbine is ideally suited for compression applications for oil and gas pipelines, power plants and power generation. Thanks to its ability to withstand pronounced pitching and rolling, the NovaLT16 is also excellent for producing compression and power on offshore platforms.

As a result of their collaboration on the pipeline unit configuration, GE and TransCanada have signed a Memorandum of Understanding to continue development of the NoveL turbine 16, including technical assessment, optimization of provision of gas compression stations and negotiation of the terms of purchase.

Increasing efficiency and reducing emissions over a wide range of applications makes the operability of the new gas turbine very flexible. It offers high availability (up to 99%) and reliability, as it can run continuously for up to four years between maintenance cycles.

Houston, Texas – September 23, 2014 – At the Turbomachinery Symposium in Houston, GE (NYSE: GE) today announced the launch of a new 16.5 megawatt (mW) gas turbine, the NovaLT16, for the mechanical propulsion and power generation applications of the oil and gas industry. The NovaLT16 was developed by GE Oil and Gas to meet the new challenges of the industry; It combines the best proven GE turbine technology in the industry with the knowledge benefits of TransCanada (TSX, NYSE: TRP), a leading energy infrastructure company in North America.

Today, hydrocarbon producers must transport gas from more remote locations and in harsh environments, while complying with stricter regulations. These challenges increase the demand for major equipment that is efficient, low-pollution and easy to maintain. The 16.5 MW NovaLT16 gas turbine will have mechanical efficiencies of up to 37%, raising the efficiency and reliability standards for compression applications for pipelines and gas-fired power plants, and production electricity. It will help meet the growing demand for energy in the world.

“We are striving to continue to innovate and test new technologies that could save money and reduce emissions from our facilities,” said David Montemurro, Vice President, Pipeline Facilities and Projects, TransCanada. “We are pleased to have signed the Memorandum of Understanding to underline our commitment to developing a gas turbine that is more energy efficient. “

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“This collaboration with TransCanada has allowed us to develop a winning alternative for the North American oil and gas industry,” said Rafael Santana, General Manager and President, Turbomachinery Solutions, GE Oil & Gas. “Together, we will design a solution specifically tailored to meet the market’s challenges of increasing efficiency, reducing waste and increasing reliability.