Business News

Tieto strengthens its leading position in the oil and gas sector in Russia and CIS-countries

Friday 30. October 2009 - Tieto has launched an automated production management system based on Tieto Energy Components for Lukoil Overseas. The required consulting services, the supply and configuration of the system, as well as training for the implementation team were delivered as a part of the project.

Lukoil Overseas searched for an automated production management system to improve production process management, the quality of planning accuracy and the timeliness of monitoring activities.

The decision to implement Tieto Energy Components was taken based on the results of a prestudy project. Tieto Energy Components was found to be the best product in its class, used by major oil and gas companies and many major independent companies worldwide.

“We were pleased to participate in this project, as Lukoil Overseas is one of the leading oil and gas companies in Russia – one of Tieto’s target markets,” said Tuomo Summanen, Country Manager at Tieto Russia and CIS. “We hope that this successful implementation will serve as a catalyst for our future success in the Russian and CIS oil and gas market.”

“The automated production management system based on Tieto Energy Components gives companies effective tools and methodologies. This will improve the efficiency of key processes in accordance with best international practices,” says Leonid Bliachov, Senior Vice President, Tieto.

Tieto Energy provides solutions for the oil and gas industry worldwide. Leading players in the oil and gas sector, such as ExxonMobil, Shell, BP, Chevron and ConocoPhillips, are amongst our clients and the total number of implementations based on Tieto Energy Components exceeds to 220 projects.