03 February 2014 – GE Oil & Gas and Chevron Energy Technology have joined forces to co-develop and commercialise technology for the oil and gas industry.
The companies are working on flow analysis technology for well and will leverage research and development from GE’s newest Global Research Centre.
As well as that collaboration, the companies are also managing a coatings project and will taking on more projects in the near-future.
Chevron chief technology officer Paul Siegele said the partnership was established to develop “impactful” technology for industry.
“GE brings its leading manufacturing capabilities, worldwide marketing, distribution, and extensive R&D capabilities not only for oil and gas, but also other business sectors to this alliance.”
GE president Lorenzo Simonelli said he was pleased to be working with Chevron.
“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,” he said.
*Bianca Bartucciotto – Upstreamonline