BP, Dresser Wayne in Three-Year Fuel Dispenser Deal

Agreement names equipment firm as primary supplier to oil co.'s retail locations

LONDON -- BP PLC has entered into a three-year agreement with Dresser Wayne, a global innovator of retail fuel dispensers and technologies. The agreement names Dresser Wayne as the primary supplier of fuel dispensers to BP's retail fuel locations in Europe and North America.

"The new agreement builds on a long and successful relationship. BP is known for their innovative and performance-driven approach. These are core ideals within Dresser Wayne, as we strive to continue to deliver industry-leading solutions for the forecourt," said Neil H. Thomas, Dresser Wayne global president.

Alastair Greene, BP European procurement manager, said, "We look forward to continuing our relationship with Dresser Wayne. Their global presence and reputation for quality dispensers and forecourt products, both in traditional and alternative fuels technology, were important in our decision to continue to rely on Dresser Wayne fuel dispensers in our retail stores."

Dresser Inc., Addison, Texas, is a leader in providing highly engineered infrastructure products for the global energy industry. The company has leading positions in a broad portfolio of products including valves, actuators, meters, switches, regulators, piping products, natural gas-fueled engines, retail fuel dispensers and associated retail point-of-sale (POS) systems and air and gas handling equipment.

Dresser Wayne, headquartered in Austin, Texas, is one of the largest business units of Dresser Inc., and is an industry pioneer for the retail fueling industry. Among its innovations, Dresser Wayne was the first to introduce self-service consoles and fuel blending dispensers to service stations, in-pump card readers and cash acceptors, in-pump radio frequency identification payment systems and dispenser-mounted touch screen payment/communication systems. In addition, Dresser Wayne designs and markets software systems that enable its retail fueling customers to manage the convenience store aspects of their businesses more efficiently, including inventory control, price book management, labor management and site administration.