· GE will implement its Asset Performance Management (APM) software solution for NOMAC, a wholly-owned subsidiary of ACWA Power, for the early detection of potential operational challenges across 26 power generation and desalination sites in 9 countries
· APM will be integrated as part of NOMAC's Monitoring and Prediction Center and will help reduce unscheduled downtime and maintenance duration, as well as increase operational efficiency and reliability
Riyadh, KSA; October 30, 2017: GE Power (NYSE: GE) signed a deal with the First National Operations and Maintenance Company (NOMAC), a wholly-owned subsidiary of Saudi Arabia’s ACWA Power, to implement its APM solution, powered by Predix at 26 thermal, wind and solar power generation and water desalination sites. The facilities are located across Saudi Arabia, UAE, Oman, Morocco, Jordan, Turkey, South Africa, Bulgaria and Vietnam. Together, they generate more than 22,000 megawatts (MW) of electricity and over 2.5 million cubic meters of water per day. NOMAC provides operations and maintenance services at these facilities and APM will help them reduce unscheduled downtime and maintenance duration, as well as to increase operational efficiency and reliability at the plants.
The agreement was signed by Julio Torre Gutierrez, President & CEO of NOMAC and Bhanu Shekhar, Chief Digital Officer of GE Power in the Middle East & Africa, in the presence of other senior executives from both companies at GE Digital’s 6th Annual Minds+Machines Conference held in San Francisco on October 25 and 26.
Julio Torre Gutierrez of NOMAC said, “With our growing geographic footprint, it is vital that our technological capabilities match our expanded reach. GE’s APM solution is an excellent fit for our requirements, enabling us to serve our customers and the communities they power better by enhancing the availability of uninterrupted, reliable and more affordable electricity.”
APM will help NOMAC to collect, analyze and visualize the data that is crucial to asset health at its monitoring centers in Dubai & Jeddah and prioritize work by understanding the true status of an asset, as well as determining which assets are most critical to the overall health of operations. It will enable NOMAC to predict equipment and process issues with greater accuracy before they occur and assure the mechanical integrity of assets. GE’s APM solution is powered by Predix, which is GE’s application development platform for the Industrial Internet, purpose-built to meet the scale, complexity, speed and security requirements of industry.
Bhanu Shekhar of GE said, “GE’s agreement with NOMAC underscores both the significant focus on driving better efficiency and reliability across the power generation industry, as well as the tangible cost benefits that digital technologies bring to the sector globally. By embracing the digital transformation today, leaders such as NOMAC are enabling the future success and competitiveness of their organizations.”
Today, the APM solution has helped customers globally improve the reliability of power generating machines, reducing unplanned downtime up to 5 percent, reducing false positive alerts up to 75 percent and reducing operations and maintenance costs up to 25 percent. The solution works across all assets for thermal, wind, solar and desalination plants, as well as for technologies manufactured by various original equipment manufacturers (GE and non-GE).
GE has over eight decades of partnership in the Kingdom. It has over a 4,000-strong workforce, including Baker Hughes, a GE company, with 50 percent of its talent in highly skilled engineering and technology roles. GE also aims to double leadership, technical and engineering training across sectors to over 10,000 Saudi professionals through local and global programs. A key partner in the Kingdom’s power sector, GE has more than 500 gas turbines installed in Saudi Arabia, which provide over 50 percent of the country's electricity.
Note to Editors
NOMAC is a 100% owned ACWA Power subsidiary. NOMAC operates a portfolio of 22,000 MW power generation and 2.5 million cubic meters per day desalinated water production plants currently with presence in 10 countries including in the Middle East and North Africa, Southern Africa and South-East Asia regions. NOMAC is registered and head-quartered in the Kingdom of Saudi Arabia.
Our broad range of services includes, but is not limited to long term O&M, major overhaul of high-tech plant equipment, and development of plant-specific Standard O&M procedures.
Supported by accelerated global expansion in the last five years, NOMAC was enabled to draw near to realize its vision of being a leading global O&M service provider in the power production and water desalination sectors.
As a world-class Operations and Maintenance service provider, NOMAC demonstrate a commitment in terms of safety and quality by operating all plants in accordance with their design and to the highest standards and the latest operating practices.
About ACWA Power:
ACWA Power is a developer, investor and operator of a portfolio of power generation and desalinated water production plants currently with presence in 10 countries including in the Middle East and North Africa, Southern Africa and South-East Asia regions. ACWA Power’s portfolio, with an investment value in excess of USD 30 billion, can generate 22+ GW of power and produce 2.5 million m3 /day of desalinated water to be mostly delivered on a bulk basis to state utilities and industrial majors on long term off-take contracts under Public-Private-Partnership, Concession and Utility Services Outsourcing models.
ACWA Power, registered and head-quartered in the Kingdom of Saudi Arabia, is owned by eight Saudi conglomerates, Sanabil Direct Investment Company (owned by the Public Investment Fund of Saudi Arabia), the Saudi Public Pensions Agency and the International Finance Corporation (a member of the World Bank Group).
ACWA Power pursues a mission to reliably deliver electricity and desalinated water at the lowest possible cost, thereby contributing to the social and economic development of the communities and countries it invests in and serves.
ACWA Power strives to achieve success by adhering to the values of Safety, People and Performance in operating its business.
GE (NYSE: GE) is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the "GE Store," through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry. To learn more, please visit www.ge.com.
About GE Power:
GE Power is a world energy leader that provides technology, solutions and services across the entire energy value chain from the point of generation to consumption. We are transforming the electricity industry by uniting all the resources and scale of the world’s first Digital Industrial company. Our customers operate in more than 150 countries, and together we power more than a third of the world to illuminate cities, build economies and connect the world.
For more information, please contact:
Communications Manager, NOMAC
+966 5 3385 3331
GE Communications Leader, Saudi Arabia & Bahrain
+966 54 919 6404
Communications Director, GE Power, MENAT
+9714 429 6318
Kelly Home | Nivine William
+9714 450 7600