Offshore staff
(Houston)-Schlumberger Information Solutions has purchased from Aspen Technologies the exclusive rights to market, sell and develop products and solutions using Aspen Asset Builder in the upstream drilling and production market.
Aspen Technologies says that its Aspen Asset Builder technology enables the integration of simulation models from a variety of sources.
"Our goal with AspenTech remains unchanged—to drive greater operational efficiency by eliminating the divide between upstream and downstream business processes," said Olivier Le Peuch, president, SIS. "Over the past several months, the oil and gas industry has responded favorably to the integration of our strong domain capabilities. By taking this next step, we can better serve the upstream market through accelerated technology delivery and a unified market presence."
"We are delighted to expand our relationship with Schlumberger, whose global understanding of the oilfield and best-in-class production software are perfect companions for AspenTech's deep process industry expertise," said Mark Fusco, president and CEO, AspenTech. "This new agreement reaffirms AspenTech's commitment to this important market segment and enables us and SIS to bring high-value solutions to market more quickly, fully capitalize on our individual strengths and technologies, and ultimately deliver significant value to our customers in the oil and gas market."
6/9/2006
