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"A leading engineer and manufacturer of high-quality, flexible pipeline products for oil and gas transportation in the susbsea production industry, " Wellstream's acquisition demonstrates a double interest by GE to both tap the deepwater drilling business and enter one of the world's most dynamic economies in the sector, Brazil.
FORBES: Magazine Article
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She was governor of Alaska which is the 6th WEALTHIEST STATES IN AMERICA and accomplished in 6 months what all Alaskans had only attempted to do from the time Alaska became a state in regulating the oil industry and getting the gas pipeline built.
FORBES: Sarah Palin Goes Grizzly At Glenn Beck Rally
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Oil and Gas UK - the offshore industry body - said oil transported through the Brent pipeline system represented 10% of the UK's North Sea oil production.
BBC: Cormorant Alpha
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Showing that there are no doubts about the importance of deepwater drilling in the oil and gas industry, General Electric announced a plan to purchase 100% of subsea pipeline manufacturer Wellstream Holdings .
FORBES: Magazine Article