Chief executive of Investment Agency Locate in Kent, Paul Wookey, said he was optimistic about new jobs.
BBC: Pfizer site: New owner hopes for 3,000 new jobs
2.
Land agents for the utility firm have been exploring a site in Wookey, and have also looked at Cheddar, where the company has an existing reservoir.
BBC: Concerns raised over new Bristol Water reservoir site
3.
Wookey is expected to stay at Oracle for an unspecified transition period as Thomas Kurian, who manages the Fusion middleware business, takes over all Fusion applications development.