{"id":1004071418,"date":"2013-04-19T07:06:47","date_gmt":"2013-04-19T15:06:47","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=119726"},"modified":"2022-12-04T20:37:51","modified_gmt":"2022-12-05T04:37:51","slug":"ge-eyes-sites-for-110m-research-center","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/ge-eyes-sites-for-110m-research-center\/","title":{"rendered":"GE Eyes Sites for $110M Research Center"},"content":{"rendered":"

By Gabriel Circiog, Associate Editor<\/em><\/p>\n

General Electric will build a $110 million Global Research Center in the Oklahoma City area that will pursue innovation in the oil and gas sector and to bringing products to the market faster.\"\"<\/a><\/p>\n

Announced April 3 at the capitol by GE chairman & CEO Jeff Immelt and Gov. Mary Fallin, the facility will be GE Research\u2019s first-sector specific center. It will initially create 125 high-tech jobs for researchers, who will join GE\u2019s global network of 50,000 scientists and engineers.<\/p>\n

GE did not immediately reveal details about the facility\u2019s location, design or development timetable. The company said that it is evaluating sites that can draw on educational institutions like the University of Oklahoma and on the metro region\u2019s skilled workforce. Oklahoma City is also home to GE Oil & Gas\u2019 Artificial Lift business, which has more than 550 employees.<\/p>\n

\u201cAdvancements in technology are revolutionizing the way energy is produced, whether it be deeper subsea fields, hard to reach unconventional resource sources, or mature oil fields getting a second life,\u201d said Daniel Heintzelman, president & CEO of GE Oil & Gas. \u201cThe creation of the new center, in close proximity to many of our customers, will allow us to accelerate the development of new technologies and enable GE to deliver even more advanced solutions to our customers faster.\u201d<\/p>\n

At the outset, the new center will focus on technologies that permit safe, efficient and reliable production, delivery and use of unconventional oil and gas resources. Unconventional resources like shale gas have the potential to create jobs, fuel innovation and lead to greater energy independence, the company said.<\/p>\n

\u00a0\u201cAt GE, we see a tremendous opportunity in the oil and gas space, \u201csaid Immelt. \u201cSince 2007, we have invested $11 billion to build broad technical capabilities that can deliver productivity gains and foster innovation for our customers.\u201d<\/p>\n

Photo Courtesy of: GE Power & Water via www.genewscenter.com<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

General Electric will build a new Global Research Center in Oklahoma which will be dedicated to driving innovation and technological advancements in the oil and gas sector and to bringing products to the market faster.<\/p>\n","protected":false},"author":264,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742],"tags":[],"class_list":["post-1004071418","post","type-post","status-publish","format-standard","hentry","category-latest"],"acf":[],"yoast_head":"\nGE Eyes Sites for $110M Research Center - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/ge-eyes-sites-for-110m-research-center\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GE Eyes Sites for $110M Research Center\" \/>\n<meta property=\"og:description\" content=\"General Electric will build a new Global Research Center in Oklahoma which will be dedicated to driving innovation and technological advancements in the oil and gas sector and to bringing products to the market faster.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/ge-eyes-sites-for-110m-research-center\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2013-04-19T15:06:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-05T04:37:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/04\/GE.png\" \/>\n<meta name=\"author\" content=\"Gabriel Circiog\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ge-eyes-sites-for-110m-research-center\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ge-eyes-sites-for-110m-research-center\\\/\"},\"author\":{\"name\":\"Gabriel Circiog\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/dc807179924e7fea3aeab259237f45a5\"},\"headline\":\"GE Eyes Sites for $110M Research Center\",\"datePublished\":\"2013-04-19T15:06:47+00:00\",\"dateModified\":\"2022-12-05T04:37:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ge-eyes-sites-for-110m-research-center\\\/\"},\"wordCount\":322,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ge-eyes-sites-for-110m-research-center\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2013\\\/04\\\/GE.png\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ge-eyes-sites-for-110m-research-center\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ge-eyes-sites-for-110m-research-center\\\/\",\"name\":\"GE Eyes Sites for $110M Research Center - 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