PARIS–(BUSINESS WIRE)–
Beicip-Franlab, an international oil and gas consulting and software
solutions provider, and an affiliate of IFP Energies Nouvelles, today
announced a strategic partnership with Transform Software and Services,
the leading innovator in integrated interpretation and analytics
software and solutions for unconventional and conventional reservoirs.
Beicip-Franlab and Transform will work together, in a common development
environment, to simplify the integration of data and workflows from
basin modeling through interpretation and reservoir modeling and
analytics.
Beicip-Franlab will become the exclusive reseller of Transform’s
software in the Middle East, Africa, Western and Eastern Europe, Central
America and much of South America, to help Transform increase its global
footprint and provide its rapidly expanding client base with high
quality support and services, with a localized presence. In addition,
Beicip-Franlab and Transform will focus on providing new workflows that
leverage Beicip-Franlab‘s technical excellence in basin modeling,
reservoir characterization, modeling and simulation with Transform’s
acknowledged leadership in unconventional workflows, reservoir analytics
and 3D seismic interpretation. These workflows will enrich both the
common software offering and the scope of consulting services provided
by Beicip-Franlab to its clients.
“Beicip-Franlab’s customers will immediately benefit from Transform’s
interpretation and analytics software and its differentiating
unconventional workflows”, says Jean Burrus CEO of Beicip-Franlab.
”Beicip-Franlab and Transform expertise and software will allow our
customers to explore and develop unconventional oil and gas reserves
with an unprecedented efficiency. In conventional plays, ranging from
exploration through mature field development and heavy and enhanced oil
development, our innovative OpenFlowTM suite of technology
will benefit from Transform’s capabilities. Our customers, which include
the largest National and International Oil Companies, are constantly
seeking game-changing technology in streamlined workflows and operations
– and our collaboration with Transform will help satisfy today’s and
tomorrow’s needs of our clients.”
“Rapid integration of our software and workflows will be greatly
enhanced by both Transform’s and Beicip-Franlab’s use of a common
development environment”, says Dean Witte CEO of Transform. “In addition
to the many development synergies this partnership will enable,
Beicip-Franlab will provide Transform with a significant global partner
to help grow and support our rapidly expanding business. We have had
tremendous growth and success domestically and in targeted international
markets, and our agreement with Beicip-Franlab will help us build upon
our sales momentum and satisfy a broader, international customer base.”
About Beicip-Franlab
Beicip-Franlab is one of the leading petroleum consulting firms and
software developers in the world. Its internationally recognized
permanent staff of more than 250 experts and its innovative technology
are available through industrial software solutions, consultancy
services, technical assistance and transfer of knowledge. Its
affiliation with IFP Energies Nouvelles is a symbol of independence,
professionalism and innovations. The Beicip-Franlab personnel, who have
gained worldwide experience, constitute the backbone of the Company’s
structure and competence. Beicip-Franlab integrates the full range of
petroleum consulting services within the same organization.
Beicip-Franlab has provided, since 1960, consultancy and advisory
services to more than 500 oil companies and institutions, and also to
the foremost international bodies.
About Transform Software and Services
Transform is the leading innovator in EP data access, data enhancement,
interpretation and reservoir analytics in both conventional and
unconventional reservoirs. Since its inception in 2004, Transform has
taken a workflow approach to meeting unique customer challenges in:
unconventional oil and gas plays, heavy oil production monitoring and
offshore reservoir development. Transform provides software and services
to nine of the ten largest Independents, many leading IOC’s and NOC’s,
service companies and progressive companies of all sizes.
Article source: http://finance.yahoo.com/news/beicip-franlab-transform-software-services-153800168.html