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Oct. 8, 2003 -- ALSTOM has signed a five-year agreement to supply international oil and gas company ChevronTexaco with electrical distribution equipment at sites around the world.
The agreement is worth approximately 35M euro per year to ALSTOM and covers a wide category of products such as oil-filled transformers, high-voltage circuit breakers, low- and medium-voltage switchgear and motors, predominantly in the IEC-standard market.
ALSTOM's Transmission & Distribution (T&D) Sector will manufacture equipment at sites in several countries and supply equipment to ChevronTexaco's worldwide facilities.
Alain Boussant, ALSTOM T&D's Global Oil and Gas Director, said: "We are very pleased to be a preferred supplier of ChevronTexaco. Our ability to provide a wide range of electrical equipment in countries all over the world with associated local services was a major factor in our winning this deal. It reinforces our position as a major supplier to the oil and gas industry."
ALSTOM is a provider of energy and transport infrastructure. The company serves the energy market through its activities in the fields of power generation and power transmission and distribution, and the transport market through its activities in rail and marine. In fiscal year 2002/03, ALSTOM had annual sales in excess of �20 billion and employed around 100,000 people in over 70 countries worldwide.
ALSTOM's Transmission and Distribution Sector (T&D) employs 25,000 people and is an active player around the globe. T&D designs, manufactures and supplies a complete range of equipment, systems and services for all stages in the transfer of electricity, from the generator to the end-user.
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