Muscat – Energy giant Shell International will see its Production Universe (PU) software integrated into Oman-based iNNOVATEQ’s Nibras platform.
The union will ensure an easier, faster and improved workflow for asset management and production optimization. The partnership will start rolling from September in several countries around the world.
The partnership between the two companies was signed during a press conference at the InterContinental Muscat on Thursday.
Speaking about the integration with Shell International, Dr. Riyadh Moosa, CEO of iNNOVATEQ, said, “We look forward to enriching our offerings with this collaboration to help oilfield operators accelerate their digital transformations by offering PU on Nibras.
He added that Nibras was designed with LEAN methodologies, which have been used for over a decade in the management of wells, reservoirs and facilities in the oil and gas industry. “It’s an agile, customer-focused solution that enables the platform to modernize and automate day-to-day operations while proactively making decisions using data insights.”
Created in 2017, iNNOVATEQ (Innovation Technical Solutions) specializes in digital transformation and the development of IT solutions with several solutions and platforms to its credit, including Nibras for the oil and gas industry.
Nibras is currently used by 3,000 users in 17 technical and business disciplines to manage over 8,000 oil wells and over 11,000 surface facility equipment. Nibras delivers significant business value to its customers by reducing HSE risks and saving engineers and operators 40% time.
On the occasion, Wim Servaes, CTO at iNNOVATEQ, said: “This collaboration will unlock the full value of PU in Shell International as it links PU technology to Nibras’ integrated asset management platform to facilitate more prioritization. precise and faster launch of asset actions to deal with postponements and optimizations.
According to Paul Paterson, Head of Data and Global Workflow at Shell International, the energy giant’s goal in integrating the PU software with iNNOVATEQ’s Nibras platform is to maintain the PU with state-of-the-art technology. while reducing operating expenses and increasing the value of PU within Shell International.
PU is a state-of-the-art software with real-time analysis application for well management in oil and gas production operations. It is currently deployed on a range of production assets operated by Shell, from deepwater to onshore.
Mohammad Sweidan, CCO of iNNOVATEQ, said, “Collaborating with Shell International will provide the industry with an exceptional solution that will enable customers to leverage their operational data to generate and sustain significant value. We draw on over 20 years of experience to help our clients accelerate their own digital transformation journey by focusing on what works, how to ensure wide adoption and how to sustain business gains,” he said. .