General Electric Co. will build an oil and gas research center in downtown Oklahoma City in a move aimed at building up technologies for the industry and its customers.
The 95,000-square-foot-center to be based at 10th and Walnut Avenue will house 130 high-tech employees and could generate $13 million for the state and local economies, GE said Friday.
Michael Ming, general manager of the new center, said the facility is intended to help Oklahoma’s university network and engineers develop new oil and gas technologies.
Technology works at the center will focus on production systems, well construction, water use optimization, carbon dioxide solutions and energy systems developed in GE’s research labs.
The center will serve as a collaboration site for local and global clients and GE also wants to work with University of Oklahoma, Oklahoma State University and University of Tulsa through the hub.
GE selected Oklahoma-based Miles Associates to design the research center and construction will begin in the spring of 2014 through 2015.