HOUSTON, TEXAS---September 8, 2008---GE Oil & Gas' PII Pipeline Solutions division has signed a pipeline integrity services distributor agreement with Tecnicontrol S.A., in Colombia, as part of GE's strategy to strengthen its pipeline integrity services in South America.
GE's PII Pipeline Solutions is a world-leading provider of pipeline inspection technology and integrity management services for the oil and gas industry. Tecnicontrol's expertise lies in providing integral solutions to the industry ranging from engineering, procurement, supervision, QA/QC and project management to asset integrity management, including inspection, maintenance and repairs. Tecnicontrol will act as distributor for PII services in the Andean Region by providing local inspection tools and crews, project management and logistics.
PII will continue to support Tecnicontrol by supplying its state-of-the art inspection technology, data analysis and pipeline integrity management expertise.
"This long term deal will benefit pipeline operators in the Latin American region by combining PII's technology and expertise with our partner's local presence so operators will receive the very latest pigging and integrity management technology with unrivaled local customer service," said John Bucci, General Manager of GE Oil & Gas' PII Pipeline Solutions division.
About GE's Oil & Gas business
GE Oil & Gas (www.ge.com/oilandgas) is a world leader in advanced technology equipment and services for all segments of the oil and gas industry, offering complete solutions for production, LNG, transportation, storage, refineries, and petrochemicals. It also provides pipeline integrity solutions including software and asset management. With its acquisition of VetcoGray and Hydril Pressure Control, GE Oil & Gas now offers additional products, systems and services for drilling, completion and production within onshore, offshore and subsea applications.
About GE
GE (NYSE: GE) is a diversified global infrastructure, finance and media company that is built to meet essential world needs. From energy, water, transportation and health to access to money and information, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. GE is Imagination at Work. For more information, visit the company's Web site at http://www.ge.com.
Tom Murnane
Soteryx Corporation
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Ken Darling
Masto Public Relations
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Sara Hassett
GE Oil & Gas
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Laure Brooks
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