ASTROMAN - Consulting, Executive Search


Courtesy of GE

Oklahoma City, Okla., USA - December 06, 2013

~ New Center to create 130 high-tech jobs

~ At full capacity, Center to generate $13 million annually in economic impact for the state and greater Oklahoma City metro area

~ Further strengthens GE’s Oil & Gas business, building on $14 billion in recent investments

General Electric (NYSE: GE) today announced the selection of a site in Downtown Oklahoma City for the company’s first-ever Global Research Center dedicated to Oil & Gas technology.

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.
Courtesy of GE Oil & Gas

GE’s new Center will create 130 high-tech jobs and is expected to have a direct and indirect economic impact of $13 million on the state and local economies.

GE has invested approximately $14 billion in its Oil & Gas business globally since 2007.

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.
Courtesy of GE Oil & Gas

This new Center represents yet another example of GE’s commitment to building broad technical capabilities that can deliver productivity gains and foster innovation for its Oil & Gas customers and the industry.

The new Center will be located on a site at 10th and Walnut Avenue, near downtown Oklahoma City.

Daniel C. Heintzelman, president and CEO, GE Oil & Gas.
Courtesy of General Electric

Michael Ming, General Manager of GE’s new Center, will speak about the new site during a speech before the Greater Oklahoma City Chamber of Commerce’s Friday Forum.

Ming will be joined by GE’s Chief Technology Officer, Mark Little, Oklahoma City Mayor Mick Cornett and a host of other State, local and university leaders.

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.
Courtesy of GE Oil & Gas

Ming said,
“New technological breakthroughs in Oil & Gas are transforming the world’s energy landscape in ways unimagined just a decade ago. The new Center’s close proximity to many of our customers and the State’s great university network and engineering talent will allow us to accelerate the development of new technologies. Governor Fallin, Mayor Cornett, the Oklahoma City Urban Renewal Association, local business and community leaders have provided immeasurable support for the Center, a vital ingredient in the selection of today’s site.”

General Electric LM6000PF DLE Gas Turbine.
Courtesy of GE Oil & Gas

The Center will focus on accelerating mid- to later-stage Oil & Gas technologies developed in GE’s Global Research labs, including production systems, well construction, water use optimization, CO2 solutions, and energy systems.

General Electric LM6000PF DLE Gas Turbine.
Courtesy of GE Oil & Gas

Oklahoma Governor Mary Fallin said,
“In April, we celebrated news of GE’s decision to invest and establish their Oil & Gas R&D center in our great State. Today, we mark another milestone that shows how this vision is quickly becoming a reality. GE’s new Oil & Gas Technology Center will not only make a great addition to the Oklahoma City skyline, it will be a beacon for attracting international attention from Oil & Gas partners around the world who value GE’s technology excellence in the energy sector. By establishing such strong research and development roots, we are planting new seeds of growth that will lead to more jobs and more economic activity for Oklahomans.”

General Electric, High Speed Reciprocating Compressor
Courtesy of GE Oil & Gas

Intended to be a collaboration hub for both domestic and global customers, the Center will attract oil & gas industry influencers from all around the globe.

The Center will also serve as a focal point for building new working relationships with State’s great university network, including the University of Oklahoma, Oklahoma State University and University of Tulsa.

General Electric, ICL Compressor
Courtesy of GE Oil & Gas

Oklahoma City Mayor Mick Cornett said,
“We are thrilled that GE has chosen to build its new Oil & Gas Technology Center here. We have worked hard to make the City a place where companies want to locate and grow their operations. Drawing one of the world’s largest industrial companies with such a strong global customer base and rich heritage of innovation builds on the tremendous progress we have made in attracting new investments and jobs to our City. GE’s technology presence will provide a major boost for our local economy.”

General Electric, Wayne Helix Fuel Dispensers
Courtesy of GE Oil & Gas

Construction on the 95,000 sq. ft. facility will begin in the spring of 2014, with the building expected to be completed and operational in 2015.

Miles Associates, a local architectural and design firm in Oklahoma City, has been selected to lead the design of GE’s new Oil & Gas Technology Center.

In the interim, GE is leasing temporary office space in the City Place Tower in downtown Oklahoma City.

Final negotiations are progressing with the Oklahoma City Urban Renewal Association (OCURA) on the property and are expected to be completed later this month.

About GE

GE (NYSE: GE) works on things that matter.
The best people and the best technologies taking on the toughest challenges.

Finding solutions in energy, health and home, transportation and finance.

Building, powering, moving and curing the world.
Not just imagining. Doing. GE works.

For more information, visit the company's website at www.ge.com

About GE Global Research

GE Global Research is the hub of technology development for all of GE's businesses.

Our scientists and engineers redefine what’s possible, drive growth for our businesses, and find answers to some of the world’s toughest problems.

We innovate 24 hours a day, with sites in Niskayuna, New York; San Ramon, California; Ann Arbor, Michigan; Bangalore, India; Shanghai, China; Munich, Germany; and Rio de Janeiro, Brazil.

Visit GE Global Research on the web at www.ge.com/research

Connect with our technologists at http://edisonsdesk.com

and http://twitter.com/edisonsdesk .

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.

Follow GE Oil & Gas on Twitter @GE_OilandGas.

Contact Information:

Todd Alhart
GE
Phone +1 518 387 7914
Email todd.alhart@ge.com

Source: General Electric Company

http://www.genewscenter.com

ASTROMAN Magazine - 2013.12.01

EU domestic shale gas production could add a million jobs, new study shows

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1594

ASTROMAN Magazine - 2013.12.01

San Leon Energy to announce the successful execution of the vertical hydraulic fracture stimulations in Poland

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1592

ASTROMAN Magazine - 2013.10.17

Rob Posthauer Named General Electric Appliances' Sales General Manager

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1575

ASTROMAN Magazine - 2013.09.18

Polish Company PKN ORLEN to acquire an upstream company TriOil Resources in Canada

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1560

ASTROMAN Magazine – 2013.08.26

Jeff Immelt, Chairman and CEO at GE: How to Differentiate Great Leaders from Good Leaders

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1530

ASTROMAN Magazine – 2013.08.03

GE Completes Acquisition of Avio Aviation Business for US$4.3 Billion

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1507

ASTROMAN Magazine - 2013.07.12

Ben van Beurden to be next Chief Executive Officer of Royal Dutch Shell plc

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1495

ASTROMAN Magazine - 2013.06.27

Poland in second place in Europe in terms of foreign direct investment

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1486

ASTROMAN Magazine - 2013.06.09

Kulczyk Oil Ventures Net Production Reaches 19.9 MMcf/d in Ukraine

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1478

ASTROMAN Magazine - 2013.06.03

Poland is an excellent place to invest and develop business. Why we have invested in Poland?

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1472

ASTROMAN Magazine - 2013.05.18

Europe is in need of reform. The 5th European Economic Congress has ended

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1463

ASTROMAN Magazine – 2013.05.04

GE Agrees to Acquire Salof, a Designer and Manufacturer of Small LNG Technologies

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1456

ASTROMAN Magazine - 2013.04.28

Kulczyk Oil Ventures To Acquire Winstar Resources and be renamed Serinus Energy Inc.

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1450

ASTROMAN Magazine - 2012.11.19

IEA: the United States becomes a net exporter of natural gas by 2020 and world's top energy producer by 2035

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1353

ASTROMAN Magazine - 2012.11.12

Recommended Merger of San Leon Energy plc and Aurelian Oil & Gas plc

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1349

ASTROMAN Magazine - 2012.09.02

San Leon to announce that it has found oil in southwest Poland

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1308

ASTROMAN Magazine – 2012.07.22

General Electric Simplifies Energy Business

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1280

ASTROMAN Magazine – 2012.07.01

GE's ecomagination Reaches $105 Billion in Revenue

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1265

ASTROMAN Magazine - 2012.06.09

Chesapeake Energy Corporation Announces Plan to Sell Its Midstream Assets of More Than $4.0 Billion

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1255

ASTROMAN Magazine - 2012.03.17

The U.S. Energy Information Administration presents updated projections for U.S. energy markets to 2035

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1208

ASTROMAN Magazine - 2012.03.11

ExxonMobil and GE Join University Initiative to Help Bring Latest Natural Gas Best Practices to Shale Development

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1200

ASTROMAN Magazine - 2012.02.12

The Talisman Energy and San Leon Energy reports shale gas exploration success in Poland

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1173

ASTROMAN Magazine - 2012.02.06

Royal Dutch Shell sets out new growth agenda

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1169

ASTROMAN Magazine - 2012.02.05

Total to invest US$4.2 billion in the North Sea, Norway

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1166

ASTROMAN Magazine - 2011.09.06

GE Energy Completes $3.2 Billion Deal to Acquire Converteam

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1051