General Electric and Chevron Corp. on Monday expanded their partnership in a move that promises to send business to GE’s planned Oil and Gas Technology Center in Oklahoma City.
The Chevron GE Technology Alliance will focus initially on flow meters for oil, natural gas and other products.
“It’s one of the many examples of things we’re going to do at the center and the kind of collaboration we’re going to do with the industry,” said Mike Ming, general manger of the Oklahoma City facility. “It validates the commitment the company has to technology development, and that the industry recognizes the benefits of the collaborative approach to technology development.”
The flow meter research is a key example of the kind of research the Oklahoma City center was designed to address, GE Oil and Gas CEO Lorenzo Simonelli said.
“Chevron’s deep understanding of the oil and gas industry, combined with GE’s long tradition of technology development and close collaboration with strategic partners, will uniquely position this new alliance to address the industry’s technology needs,” Simonelli said in a statement Monday. “The solutions developed by this alliance will take on even more industry significance given Chevron’s proven leadership in being first to field-test and deploy new technology breakthroughs.”
Continue reading this story on the...