Motley Fool energy analyst Taylor Muckerman interviewed Art Eunson, general manager of General Electric's (GE 1.30%) Bently Nevada product line. After being acquired in 2002 by GE, Bently Nevada has grown significantly and provides the oil and gas industry with sensors, monitors, and diagnostics.

In part two of this four-part interview, Eunson talks about industry regulation standards and Bently Nevada's real-time monitoring products, which help minimize or head off disaster by alerting operators to faulty equipment that either needs to be repaired or swapped out. When billions of dollars are being spent on equipment used many miles offshore, this monitoring can mean the difference between success or failure.

Click on the video below for more information.