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AUSTIN, Texas -- BP, the largest gas and oil producer in the United States, has entered into a five-year global dispenser sole supply agreement with Dresser Wayne, a designer and developer of technology for the retail petroleum industry. The relationship is intended to challenge both parties to develop innovative business solutions that will create significant improvement in overall performance and benefit both BP and Dresser Wayne.
"We are excited about the opportunity to become BP's sole global supplier," said John Ryan, president of Dresser Wayne. "Our long relationship with BP combined with our history of industry-leading product development and the depth of our global operations match up well with BP's scope and direction."
A key element in the selection process was Wayne's history of being first to market with new technology and products including, among others, pay-at-the-pump and the forward-thinking Ovation dispenser.