SOURCE: Tieto Oyj

October 19, 2010 03:44 ET

Tieto's Energy Component Chosen by Australia's Largest Gas Transporter

Norwegian IT Solution Goes "Down Under"

HELSINKI, FINLAND--(Marketwire - October 19, 2010) -  APA Group, Australia's largest transporter of natural gas, has selected Tieto's Energy Components product suite as its gas & customer management solution.

"APA operates in a dynamic energy industry and is responding to the needs of its customers with innovative solutions. The Energy Components product suite will enhance our service to customers by providing complete functional coverage of APA's gas transmission business, from marketing and sales through to billing and reporting," says APA General Manager Commercial, Rob Wheals.

Energy Components is the world leading system for the administration of production, transport, sales and revenue management for oil, gas and other hydrocarbon products. The solution is recognised as global best practice by major oil and gas companies, and is used by companies such as ExxonMobil, Shell, BP, Chevron, ConocoPhillips, and Santos.

APA Group (APA) transports more than 50 percent of Australia's natural gas, and owns and operates gas transmission pipelines in every mainland Australian state. "The Energy Components product suite therefore has to manage several thousand transactions every day, comprising a wide diversity of commercial agreements, as well as meet specific regulatory requirements. This all places considerable demands on the flexibility and accuracy of the calculation work," explains Ragnhild Olsen, Vice President for Energy Components in Tieto.

With Energy Components, APA's customers will be able to place their orders for transport of gas directly in the system, which then ensures that the correct volume of natural gas is delivered to the correct destination. The system also calculates prices and dispatches invoices.

Tieto is an IT service company providing IT, R&D and consulting services. With approximately 17,000 experts, we are among the leading IT service companies in Northern Europe and the global leader in selected segments. We specialize in areas where we have the deepest understanding of our customers' businesses and needs. Our superior customer centricity and expertise in digital services set us apart from our competitors. www.tieto.com

TIETO CORPORATION

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Contact Information

  • For further information, please contact:
    Kolbjorn Haarr
    Country Manager
    Tieto Norway
    tel + 47 97 05 78 34

    Ragnhild Olsen
    Vice President
    Tieto Energy Components
    +47 908 26 020
    ragnhild.olsen@tieto.com

    Trude Martinsen Brun
    Marketing and Communication Manager
    Tieto Norway
    +47 90 55 28 23
    trude.brun@tieto.com