Teledyne Oil & Gas Growing Locally and Globally
Dr. Henry Singleton and Dr. George Kozmetsky formed Teledyne Technologies back in 1960 to capitalize on the wave of innovation that would take place as digital technology replaced analog devices and systems. It was a revolution in virtually everything we touch, or will touch, in the future.
That vision has evolved, and today their technology is found on the Hubble Space Telescope exploring the cosmos, and on the bottom of the sea helping to locate and extract energy resources. Teledyne’s reputation for providing equipment for the most challenging environments – from space, to sea, to everywhere in between – has earned them another reputation for being “everywhere you look.”
Teledyne Oil & Gas, headquartered in Daytona Beach, a business unit of Teledyne Technologies, delivers high-reliability equipment for power transmission, data transmission and monitoring applications to operators in the oil and gas exploration and production industry around the world. Employing over 1,320 globally, its mission-critical products are crucial both in meeting growing energy demands and ensuring the ecological integrity of these deep sea locations.
Some of their systems are designed to be deployed and connected wet, at pressure, on the ocean floor by robotic arms on remotely operated vehicles (ROVs). Equipment that is designed to operate at high pressure in the harsh subsea environment has to have a level of reliability unequalled in other industries.
Last year, Teledyne celebrated the grand opening of its new 52,000-sq.ft. Technology Development Center in Daytona Beach. The Center is a high-tech research and new product development facility to bring forward-engineered solutions to complex technical challenges, primarily for the offshore oil and gas production and exploration industries. The new building complements the existing 100,000-sq.ft. Teledyne Oil & Gas headquarters and manufacturing plant located on the same campus.
Teledyne Oil & Gas President Mike Read commented, “Through the investment in new technology and global capacity expansion, including the new technology center in Daytona Beach, Teledyne Oil & Gas continues its market leadership position in the subsea oil and gas market. Over 100 highly skilled employees have been recently recruited, bringing the local workforce to over 500 employees.”