OKLAHOMA CITY-General Electric has announced plans to build a $110 million Global Research Center in Oklahoma, with the aim of driving technology advancements in the oil and gas sector and getting products to market more quickly. At this time, the company is looking for a likely site on which to construct the center, which is anticipated to create 125 technology and engineering jobs.
According to a press release, the new facility will be GE’s first sector-specific center, and it comes at a time during which more unconventional types of energy (such as shale gas) are coming online. To that end, the center’s initial focus will be on technologies to enable safe, efficient and reliable product, delivery and use of unconventional energy sources. Oklahoma City is already the site of GE Oil & Gas Artificial Lift Business, which manufactures electric submersible pumps and provides services to them.
In Oklahoma, we know that Americas energy security and economic well-being demand more domestic energy production,” says Oklahoma Governor Mary Fallin in a prepared statement. “Technology continues to be the key to unlocking new energy resources and effectively utilizing those we have already discovered. I am thrilled that GE, with its rich history of innovation, has chosen Oklahoma as the home for these new technologies.”