TietoEnator Delivers IT Systems to Major Venezuelan Oilfield
TIETOENATOR CORPORATION PRESS RELEASE 14 JUNE 2000 2.00 PM 1(1) TietoEnator Delivers IT Systems to Major Venezuelan Oilfield TietoEnator has won a contract to deliver its Energy Components solution to the Zuata heavy oilfield in the Orinoco area of Venezuela. The field is operated by SINCOR, a consortium of TotalFina Elf, Petroleos de Venezuela and Statoil. Energy Components is a complete set of software building blocks which are combined to form a modern and flexible system for oil and gas production, reporting, allocation and hydrocarbon accounting. " TietoEnator Energy Components is the preferred solution for Northern Seas offshore fields. This contract represents a breakthrough in international deliveries of Energy Components to complex on-shore operations ", says Henning Stokke, Manager of TietoEnator Energy Components, from his Office in Stavanger, Norway " This contract serves as a good example of TietoEnator business concept. TietoEnator focuses on vertical markets that represent the strongest Nordic Industries. Based on our long lasting relationship with the offshore companies operating the Northern Seas, TietoEnator has elaborated on its expertise and created reusable products and services for the global markets@, says Managing Director TietoEnator Consulting, and Country Manager Norway Per Bakseter. For further information contact: TietoEnator Consulting, Per Bakseter, tel. +47 2207600 or +4791369043 Henning Stokke, tel +47 5196 3037 henning.stokke@tietoenator.com TIETOENATOR CORPORATION With a staff of 10,000 and an annual turnover of 1.2 billion euros, TietoEnator is a leading supplier of value-added IT services in Europe. We can provide consulting, systems development and integration, operation and support and software services. We have in-depth knowledge of our customers' businesses in areas such as energy, telecommunication, banking and finance, the public sector and the forest industry. TietoEnator has 15 years of experience in developing and implementing systems for the entire value chain of the Energy & Petroleum industry. Based on its Energy Components product, TietoEnator provides state-of-the- art solutions for oil and gas production, transportation and sales DISTRIBUTION Principal media ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/06/14/20000614BIT00480/bit0001.doc http://www.bit.se/bitonline/2000/06/14/20000614BIT00480/bit0002.pdf