By Stephany Romanow
HOUSTON -- When speaking about Houston, Texas, most individuals
think of Space City due to Houstons long-time connection
with NASA and the space shuttle program. Likewise, many
individuals consider Houston as an energy center; it is home to
many major E&P and service companies.
Houston is major manufacturing center and home to General
Electrics largest manufacturing center and GEs
Energy Management, Power and Water and Energy business
John Krenicki, vice chairman, GE and president and CEO, GE
Energy addressed the Greater Houston Partnership at a breakfast
meeting on May 8, 2012. Krenicki shared GEs view of the
future. Tomorrows opportunities involve securing reliable
cost-efficient energy resources.
The future is unconventional fuels and technology will make an impact on
how unconventional energy resources are tapped, says
GE does see a bright future for the US. The US can provide
many benefits for investors. It is resource rich nation.
Likewise, the US can boast of advanced technology development along with a
trained workforce. Intellectual property laws protect
Innovation will be a key part in future energy development,
he says. The US is leading the way with advanced water reuse
methods and reduced emissions in oil production. Using
electric-well pads over diesel-power units is another
environmentally based and energy efficiency development.
Krenicki also commented, The energy business is a
people business. One company cannot do it alone.
Partnerships with universities and other companies are needed
to advance ideas into the market. He announced that GE is
investing $10 million in the development of a new Oil & Gas
Training Facility in Houston to support and advance training
and development for its customers and employees.
Training at the facility will focus on customer, technical and
leadership skills aimed to meet the changing needs and growing
global demand for drilling technologies. Scheduled to open in
the fourth quarter of 2012, the 50,000-square-foot facility
will be GEs premier oil and gas training facility in the
The company also is creating approximately 100 new technical
jobs in Houston to support the growth of GEs Drilling
Systems business, which is headquartered at the same
Located at GEs Drilling Systems Technology Center, the new facility
will continue to drive competitiveness in the region and
reinforces Houstons claim to the title of energy
capital of the world.
Despite tough economic times, Houston has demonstrated
an unwavering economic strengthdue in no small part to
the energy leadership and innovative manufacturing found
throughout this region, said Krenicki.
Todays announcement emphasizes our continued
commitment to investing in solutions that power the world, as
well as in opportunities that drive American
For more details on GE's training center, visit their
website by clicking here.