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GE poised to make impact in oil industry, official says

GE's oil and gas research center, which will be established in Oklahoma City, is poised to innovate in the industry, General Manager Mike Ming said.
BY JAY F. MARKS Business Writer jmarks@opubco.com Published: August 28, 2013
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Former Oklahoma Energy Secretary Mike Ming is excited about the impact his new employer will have on the oil and natural gas industry.

Ming said GE, one of the oldest companies in the United States, is poised to make its mark as an innovator. Technology from its other segments will be adapted to benefit all aspects of the oil and gas industry.

“For a company like GE to commit itself to the space is really pretty telling,” Ming said Tuesday at the Tulsa Pipeline Expo. “It's going to fit a need.”

He said many people still don't know GE, which was founded in 1892 by Thomas Edison, is in the oil and gas business, but that division employs more than 43,000 people in 100-plus countries. GE Oil and Gas has about 800 employees in Oklahoma.

“It's just an enormous entity,” Ming said.

Ming said GE is committed to applying its experience in innovation to the industry, as evidenced by its plan to open an oil and gas research center in Oklahoma City.

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