GE Oil & Gas to Establish New Global HQ in London

MarineLink.com
Wednesday, July 17, 2013

GE Oil & Gas is to establish its new global headquarters in London, England. Florence will remain the global headquarters for GE Oil & Gas Turbomachinery Products & Services, a more than $6 billion business and a key manufacturing and engineering site for the production of centrifugal compressors and gas turbines.

“London was selected as the new headquarters location given its position as a leading international business and travel hub. From this location, a team of leaders from our global support functions will be able to more efficiently reach and serve our colleagues and businesses globally,” said Dan Heintzelman, president and CEO of GE Oil & Gas.

The new global headquarters will support the business and 43,000 employees working in more than 100 countries. In addition to Turbomachinery Products & Services in Florence, GE Oil & Gas is comprised of Subsea Systems (Aberdeen, U.K.); Measurement & Control (Boston); Drilling & Surface (Houston); Downstream & Unconventional Products & Services (Houston); Lufkin (Lufkin, Texas) and PII Pipeline Solutions (Cramlington, U.K.).

GE Oil & Gas expects to relocate a limited number of employees, mainly associated with the support functions, to London. The new headquarters will be operational in London starting in January 2014.

Added Heintzelman: “Florence will keep strengthening its reputation as a center of excellence for the manufacturing of centrifugal compressors and gas turbines. In 2012 alone we invested more than $100 million in the modernization of our plants in Italy and continue to be committed to maintaining Florence as one of our premiere manufacturing sites."
 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

MSHS Group President Recognized for Safety Leadership

Signal Mutual Indemnity Association, a self-insured group provider of Longshore benefits, presented MSHS President Are Friesecke with the Francis R. Sharp Executive

Apply Now for the MN 100

The August 2016 edition of MarineNews, the leading voice in the North American workboat market, will feature 100 leaders and innovators, including workboat owners and operators,

Mothballed Vessels SE Asia Reflect Oil Slump Pain

Around 1,300 offshore support vessels lying idle worldwide. Not everyone in shipping is bemoaning the industry's worst crisis in living memory: a cluster of

Offshore Energy

Mothballed Vessels SE Asia Reflect Oil Slump Pain

Around 1,300 offshore support vessels lying idle worldwide. Not everyone in shipping is bemoaning the industry's worst crisis in living memory: a cluster of

Bulgaria, Greece to Consider Greek LNG terminal

Bulgarian state energy holding company BEH and Greek natural gas company Gastrade have set up a joint task force to prepare a proposal to build an off-shore liquefied

Trim Optimization – Saving Fuel on Offshore Supply Vessels

A joint development project (JDP) between DNV GL, Statoil and Farstad Shipping has demonstrated that offshore supply vessels (OSV) can save up to 21,000 Euros on their annual fuel bill,

 
 
Maritime Careers / Shipboard Positions Maritime Security Navigation Offshore Oil Pod Propulsion Port Authority Salvage Ship Electronics Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0981 sec (10 req/sec)