ROCKVILLE, Md., June 9, 2010 — Telvent (Nasdaq:TLVT), the IT company for a sustainable and secure world, announced today a new contract with Bunde Etzel Pipeline — Gesellschaft mbH & Co. KG (BEP) to deliver a turnkey control system for the company’s newly constructed natural gas transport pipeline. The Telvent control solution will help assure the security, safety, and efficient operation of the new pipeline — key in supporting the growing natural gas market in Europe.
BEP selected Telvent for its industry-leading, pipeline control systems, project expertise and ability to install and deploy the control system within a rigorous timeframe.
Telvent’s comprehensive solution is based on its advanced-technology supervisory control and data acquisition (SCADA) system.
High-technology gas measurement devices will be included to feed pipeline data to the SCADA system and to integrated pipeline modeling applications. A high-speed, redundant fiber optic network delivers real-time pipeline data to operators at main control centers and remote centers located along the pipeline.
The complete information management solution optimizes security and operational efficiency of the new BEP pipeline — connecting gas storage facilities in Germany with the natural gas pipeline network in the Netherlands — and helps assure reliable delivery of natural gas to Western Europe.
“We are very pleased to have been selected by Bunde Etzel Pipeline to install the control system for this important pipeline,” said Ignacio Gonzalez, Telvent’s CEO. “Our leading technology and project capabilities enable BEP to start up this new pipeline on time and operate it in the most efficient manner.”
About Telvent
Telvent (Nasdaq:TLVT) is a global IT solutions and business information services provider dedicated to helping improve efficiency and reliability of the world’s leading companies. Telvent serves markets that are critical to the sustainability of the planet, including the energy, transportation, agricultural and environmental sectors.
(www.telvent.com)
About Bunde Etzel Pipeline
BEP is a joint venture of a number of companies from the energy industry in Europe: Deutsche BP Aktiengesellschaft, EDF Gas Deutschland GmbH, IVG Caverns GmbH, OMV Gas & Power GmbH, DONG Energy A/S, EnBW Energie Baden-Wurttemberg AG, GAZPROM Germania GmbH. Its business goal is the construction of a pipeline that connects the cavern facility in Etzel to the natural gas grid at Oude Statenzijl in the Netherlands.
