GE oil & gas to establish new global headquarters in London

Published:  29 January, 2014

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

Dan Heintzelman, president and CEO of GE Oil & Gas commented: “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.”

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.

Heintzelman added: “Florence will keep strengthening its reputation as a centre of excellence for the manufacturing of centrifugal compressors and gas turbines. In 2012 alone we invested more than US$100m in the modernisation of our plants in Italy and continue to be committed to maintaining Florence as one of our premiere manufacturing sites. We deeply appreciate the ongoing support of our employees, suppliers and partners in the country who are committed to the success of this business and GE Oil & Gas global growth.”