An Aberdeen oil and gas software specialist has signed a £1.6million deal to install its productivity optimisation product across ten FPSOs in the North Sea and offshore Brazil.
Teekay Petrojarl, one of the largest operators of FPSOs in the North Sea, has installed software developed by Petrotechnics on its Voyageur Spirit asset.
The North Sea-based FPSO is the first of 10 assets scheduled to go live with Petrotechnic’s software platform, Proscient, over the next 10-15 months.
Roar Bye, Teekay operations strategy and support manager, said:“Our selection of Petrotechnics was based on three key points: firstly, they had the best technology solution which met our needs. Secondly and perhaps most importantly, they had the best implementation model and the experience to back it up. Thirdly, Petrotechnics’ references were excellent and very much spoke to the strength and depth of its capabilities.”
Iain Mackay, vice president of Petrotechnics said: “Reducing operational risk and improving productivity don’t have to be mutually exclusive.
“We’re proud of the partnership we have with Teekay Petrojarl and the positive impact Proscient will have in helping it more effectively manage, optimise and execute operational activity across its global fleet.
“Together we have taken a bold step to making safer but more effective production a reality in harsh operating environments”, added Mackay.
In May last year, the Business Growth Fund (BGF) invested £6million in Petrotechnics, taking a minority stake in the Aberdeen oil and gas technology firm.
The company, which specialises in software to improve frontline operational performance and risk management in hazardous industries, said the investment would help to drive its global growth strategy.