Software platform developer Petrotechnics has secured five new North Sea contracts and two contracts for software upgrades.
Petrotronics has developed a software platform for operational excellence (OE) in hazardous industries.
This OE software simplifies things and automates complex planning, operations and maintenance processes in the oil, gas and petrochemical industries.
When compared to 2016, the company had witnessed a 60% growth in its North Sea business, exceeding the expectations of 2017.
Petrotechnicals claimed that this growth was due to Proscient’s ability to deliver OE and drive digital transformation for clients.
A case study of a customer indicated annual saving of more than £5m because of job execution efficiencies and reduction in equipment downtime.
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By GlobalDataPetrotechnics COO Iain Mackay said: “Forward-thinking operators are choosing Petrotechnics as their trusted partner and Proscient as the foundation for their digital transformation journey. Our client base is growing rapidly from the Americas to Asia because they know we will deliver exactly what we promise, on-time and on budget – every time.
“As the North Sea market continues to rebound, leading organisations are increasingly implementing Industry 4.0 and IIoT strategies to deliver OE and achieve safer, more sustainable operations and revolutionise the production cost base. This is disrupting the norm, and we are very excited to be a part of it.”
According to the contracts, Proscient will be deployed to more than 5,000 new users across 15 North Sea assets .
The software will allow operators to boost the control of safety, productivity and cost management by delivering an effective way to visualise and manage risk and activity in their operations.