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BP Amoco and GeoQuest Partner to Develop an E-Solution for Information Management.


Business/Energy Editors & Technology Writers

HOUSTON--(BUSINESS WIRE)--April 18, 2000

BP Amoco and GeoQuest announced today that they will develop an e-business framework to provide petrotechnical information management services to BP Amoco's upstream business.

Steve Peacock, vice president, Upstream Digital Business for BP Amoco, stated, "Rapid access to quality technical data is a key lever for productivity in the upstream oil business. An approach utilizing Web-based technologies will allow BP Amoco to ensure that the right data is available to the right people at the right time. The BP Amoco technical community will be armed with the information to make well-informed decisions more efficiently and, hence, dramatically improve productivity."

BP Amoco, its business partners and contractors will have access to quality information and data services at reduced business cost, delivered through Web-based technologies that access a variety of existing databases. Plans are to deploy this new solution initially in Aberdeen, Stavanger and Sunbury, with other sites to follow. BP Amoco expects this new e-solution to significantly facilitate the development of common processes and procedures.

Users will have rapid access to all entitled en·ti·tle  
tr.v. en·ti·tled, en·ti·tling, en·ti·tles
1. To give a name or title to.

2. To furnish with a right or claim to something:
 data, such as proprietary, public, digital or physical data, from a common, intuitive interface or portal that can be customized for the user.

"GeoQuest and BP Amoco have had a long-term business relationship that has resulted in the development of a number of innovative solutions to bring efficiencies to BP Amoco's operations," said Thierry Pilenko, president of GeoQuest. "Our objectives are mutually aligned to ensure that this step change in information management will contribute to the goals of BP Amoco."

GeoQuest has been providing information management services and expertise to BP Amoco since 1994. While these services have been delivered to a number of worldwide BP Amoco sites, this project will pilot a new approach for access to data and information.

About the Organizations

BP Amoco p.l.c. (NYSE NYSE

See: New York Stock Exchange
:BPA BPA British Paediatric Association. ) is the holding company of one of the world's largest petroleum and petrochemicals groups. The company's main activities are exploration and production of crude oil and natural gas; refining, marketing, supply and transportation; and manufacturing and marketing of petrochemicals. In addition, the company has growing activity in gas and power and solar power generation. BP Amoco is on the internet at: http://www.bpamoco.com.

GeoQuest, an operating unit operating unit

A type of operating company that engages in transactions with outsiders and that is owned by another business. For example, in 1995 the stockholders of Capital Cities/ABC approved a $19 billion merger with the Walt Disney Company, whereupon
 of Schlumberger Oilfield Services Schlumberger Oilfield Services, a division of Schlumberger Limited, is the world’s largest supplier of exploration and production (E&P) services, solutions and technology to the international petroleum industry. , is the E&P industry leader for the supply of integrated software Separate software components or applications that have been combined into one package. See integrated software package.  systems and data management solutions to assist petroleum companies in optimizing the value of their oil and gas reservoirs gas reservoir

In geology, a naturally occurring storage area, characteristically a folded rock formation, that traps and holds natural gas. The reservoir rock must be permeable and porous to contain the gas, and it has to be capped by impervious rock in order to form an
. Schlumberger Oilfield Services, a business segment of Schlumberger Limited (NYSE:SLB SLB Solomon Islands (ISO Country code)
SLB Schlumberger Ltd. (oil field services firm)
SLB Server Load Balancing
SLB Sport Lisboa e Benfica (soccer) 
), is the leading supplier of services and technology to the international petroleum industry, operating offices, service locations, and research and development facilities around the world. Schlumberger is a global leader in technical services spanning the oil and gas, utility, semiconductor, smart cards Example of widely used contactless smart cards are Hong Kong's Octopus card, Paris' Calypso/Navigo card and Lisbon' LisboaViva card, which predate the ISO/IEC 14443 standard. The following tables list smart cards used for public transportation and other electronic purse applications. , network and Internet solutions industries. Schlumberger revenue was $8.4 billion in 1999. Schlumberger is on the Internet at http://www.slb.com.
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Publication:Business Wire
Date:Apr 18, 2000
Words:494
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