[5][6][7] VetcoGray operated in around 30 countries and was one of the world's leading suppliers of drilling, completion and production equipment for on- and offshore oil and gas fields, including subsea applications.

[8] In October 2007, GE acquired Sondex Plc, a UK-based oilfield services technology company that specialized in the engineering and manufacturing of directional drilling and formation evaluation systems and wireline tools for the production of oil and gas, for £290 million.

[13][14][15] In April 2011, GE acquired John Wood Group’s Well Support Division, which allowed for it to expand into the drilling and surface manufacturing and services portfolio, for $2.8 billion.

[21] Also In 2012, GE acquired Naxys, a provider of subsea leak detection and condition monitoring sensors based on passive acoustic technology.

[buzzword][28][29][30] At the end of October 2016, it was announced that General Electric was under negotiations for a deal valued at about $30 billion to combine GE Oil & Gas with Baker Hughes.

[40] In 2013, GE announced they had selected a site in Downtown Oklahoma City for a Global Research Center dedicated to oil and gas technology.

In January 2012, GE Oil & Gas announced they had won contracts worth more than US$1 billion to supply equipment and services for the Ichthys LNG project in Australia.

GE will provide rotating equipment, including gas turbines and compressors, and associated floating production storage and offloading and a central processing facility.

This agreement includes an initial investment of US$175 million to build a new manufacturing facility in Soyo that will supply subsea equipment to the oil and gas industry in Angola.

The collaboration is focused on technological innovations that will allow the oil and gas industry to reduce emissions and local community impacts while improving productivity.

[44] This collaboration has included two Open Innovation Challenges that invited businesses, institutions and individuals to develop potential solutions[buzzword] to make energy production more sustainable.

The first Open Innovation Challenge was issued in January 2015 and required entrants to find ways to reduce the amount of sand needed on oil wells.

[48] In November 2015 GE Oil & Gas announced they had signed a Contractual Service Agreement with Asian energy company PT Donggi Senoro LNG.