General Electric announced the opening of the $500 million Brazil Technology Center that will focus on developing advanced subsea oil and gas technology. The center, GE’s first in Latin America, will be a hub for engagement and collaboration with GE’s customers in the region and is expected to employ 400 researchers in the future.
Through the Brazil Technology Center, GE is engaged with several Oil & Gas customer partners to develop all the pieces that will make this subsea oil and gas processing facility a reality. On November 13th, GE unveiled plans to work with Petrobras and BG Group in the future.
“ Our new research center in Brazil will allow GE to innovate locally for our customers in Latin America and then export those innovations to the world ,” said GE Chairman and CEO Jeff Immelt . “ Over the past decade, we have doubled down on our R&D investment and expanded our global network of Research Centers to address customer’s growing needs for breakthrough technology that we develop with them. We see significant growth opportunities in Latin America and having the best technology and solutions will ensure we maintain GE’s competitive edge.”
The future of Oil and Gas on the Seabed
Today, the processing of offshore oil and gas happens at the surface on a platform often located miles from a wellhead. Advanced subsea processing takes the floating platforms that would usually float on the surface of the sea and bolts them to seabed. Plus, new wellhead technologies that use subsea pumps and compressors will increase recovery and offer more economical oil field development with lower emissions, GE wrote in a press release.
GE is working with Petrobras and BG Group on research projects to develop the technologies and equipment that will be required to move production from the platform to the seabed.
About the Brazil Technology Center
The Center is located on the Ilha do Bom Jesus peninsula in Rio de Janeiro. GE has been in Brazil since 1919 and, today, employs more than 8,800 people in the country. The GE Brazil Technology Center is one of nine research centers globally and one of five outside the U.S. The company has operations throughout the country, including São Paulo, Minas Gerais and Rio de Janeiro. The new R&D center in Rio is approximately 250,000 square feet, of which half is devoted to lab space.
The Center will also be home to a Global Learning facility, where GE employees will join senior leaders from industry, academia and government to learn and share best practices. The Rio branch of “Crotonville,” GE’s global leadership development institute in the United States, will focus on leadership strategy, business management, and finance training as part of GE’s $1 billion annual investment in employee growth worldwide.
Mark Little , Senior Vice President and Chief Technology Officer, GE Global Research said, “ Expanding opportunities for oil & gas production in ultra-deep waters requires the kind of industry and technology know-how for extreme environments that is a part of GE’s DNA. The Brazil Technology Center is a place where we can work closely with local customers and universities in the region and harness the full power of our global research network to drive innovation in ways no one else can.”
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