AVEVA Announces New Centre of Excellence for Owner Operators in the Oil and Gas Industry

JOC Staff |
Houston, Americas, 24th August 2010: AVEVA (LSE:AVV) one of the world's leading providers of engineering design and information management solutions for the plant, power and marine industries, today announced the opening of a new oil and gas Centre of Excellence for Operations Integrity Management (OIM) in Stavanger, Norway. Addressing the complex needs of long term asset management, the centre will work with owner operators to design and deploy software solutions that meet their unique data handover, enterprise asset management and decision support requirements. AVEVA’s recently announced acquisition of the oil and gas business from ADB Systemer AS forms the foundation for the new facility. Leveraging the experience and proven software solutions from the ADB acquisition, the new AVEVA Centre of Excellence is being launched with more than 20 years of expertise in the oil and gas industry.

Based in one of the oil industry’s most strategic locations for technology and best practice, the mission of the Centre of Excellence is to share the collective knowledge of creating and maintaining operational information integrity with organisations around the world. Through the use of recognised industry standards and world class software and consulting services, owner operators can dramatically improve the quality of their operational information. Better information integrity translates directly to their bottom line through reduced risk, accurate reporting, minimised rework, and lower overall operating costs.

The AVEVA software and consulting services play a key role in the mission of the new Centre. The AVEVA NET, Technical Information Manager (TIM) and WorkMate products deliver asset performance management solutions within a highly intuitive environment. In combination with AVEVA’s industry-leading 3D design and visualisation products, no other company can deliver such a proven and comprehensive information integrity solution for oil and gas owner operators.

“The opening of our new Centre of Excellence in Stavanger is a major milestone for AVEVA,” explained Trond Straume, Head of Centre of Excellence, OIM Solutions at AVEVA. “This is an exciting opportunity to bring together the extensive experience gained through the pioneering work done with our customers here in Norway. We look forward to working closely with our colleagues around the globe as part of our focus on Operations Integrity Management in the oil and gas industry. One of our greatest advantages is the strong foundation upon which the Centre is build. We already have an impressive list of industry-leading operators that are using our solutions on brownfield and greenfield sites as part of their company-wide initiatives for operational excellence. We are delighted to play such a key role with our current customers and look forward to building new partnerships in the future.”

About AVEVA Group plc
AVEVA is trusted around the world for delivering engineering design and information management solutions with compelling value propositions to leading companies in the plant and marine industries. For further information please visit www.aveva.com or www.aveva.com/ednotes