16 LAteSt NeWS, eveNtS, JobS oNLINe – WWW.PetRoLPLAzA.CoM
All text on this page is submitted and written by suppliers. Please email product news to editor@erpecnews.com Nigeria tests payment system EasyFuel Limited, an integrated cashless fuelling company in the downstream oil and gas sector, has successfully conducted a pre-launch system test for its operations at Oando outlets. In a statement, the company, a Payment Terminal Service Provider (PTSP)-licensed operator, said the test, which was conducted across designated Oando service stations in Lagos, was done in preparation for the commercial launch of the service. Managing Director, Mr. Tayo Olajide, said: “We have just concluded the test run of our system. All the service stations that are live on our network were involved in the process and the feedback has been fantastic. The Point of Sales (PoS) terminals installed at the service stations are working perfectly as expected and coordinating well with our back-end platform.” KSS and PWM launch PriceSync KSS Fuels and PWM Electronic Price Signs announced the general availability of PriceSync, an integration module that supports the auto mated delivery and verification of fuel price changes from head office to the electronic price sign at a retail location. PriceSync will guarantee the accuracy of price displays, with immediate notification of any issues in the timing or update of price changes. PriceSync integrates KSS Fuels’ PriceNet software and PWM’s price signs, creating a closed-loop system and confirming successful implementation of new fuel prices at the sign as well as taking care of the synchronization with point-of-sale systems and fuel dispensers. PriceSync represents a major step forward in fuel price automation and will ensure fuel retailers can respond quickly to market or competitor changes. oRteC secures oPet deal in turkey Following an extensive return on investment analysis, OPET, a leading player in the petroleum and oil industry and part of Koc Holding, selects ORTEC to automate its lubricant distribution planning. Speaking about the selection, Murat Inci, Project Manager at OPET, explains: “From a group of several specialist suppliers, ORTEC outshone all the competition by clearly demonstrating the necessary capabilities to handle all of our planning constraints. The deciding factor, however, was the fact that ORTEC could deliver large reductions in transportation costs, by an estimated 5 percent compared with the previous year, which would equate to significant financial savings for our company. We expect the ROI time for this project to be approximately one year.” oPW LA and FuelQuest announce global partnership OPW Latin América, (a business unit of OPW) and FuelQuest Inc. announce a global partnership agreement to offer an end-to-end, centralized fuel network management solution. Fuel operators can now enjoy the benefits of proactive tank monitoring integrated with fuel management automation software and services to reduce fuel costs, lower working capital requirements, identify incidences of theft and improve environmental compliance. “Fuel operators face unique challenges in terms of procuring, monitoring and managing fuel, says Fernando Whitaker, Managing Director of OPW Latin América. “By combining forces, OPW and FuelQuest a solution that tackles these core fuel challenges by providing petroleum retailers and fleet operators with the greatest opportunity to reduce fuel costs and remain business compliant.” New bever appointment LAteSt NeWS, eveNtS, JobS oNLINe – WWW.PetRoLPLAzA.CoM PRoDUCt NeWS Clear2Pay and IFSF team results Clear2Pay, a provider of next generation payment solutions for financial institutions and the International Forecourt Standards Forum (IFSF), the non-profit standards organization of international petroleum retail, announce the result of their successful collaboration in the development of the technical specifications for the issuance of EMV-based fuel cards. The main aim of this co-operation was to facilitate petroleum retailers and other Fuel Card issuers to migrate seamlessly from magnetic stripe to chip-based Fuel Cards and enable a common way of working between Fuel Card issuers assuring worldwide interoperability. The specifications are based on the field-proven EMV technology, the global standard for chip-based payments and current IFSF EFT interface and security standards. Jyrki Löf, seven years working as Technical Director for Finnish LED Signs OY, responsible for the technical management and sales of LED products to European oil companies and resellers, has joined Bever Innovations bv as Business Devel opment Director Scandinavia and Baltic States. Based in Finland (Helsinki) Jyrki is responsible for the business development of all LED products in Norway, Sweden, Finland and the Baltic states such as Estonia, Latvia and Lithuania. 17