BP Announces Partnership With CiDRA Corporation.Business Editors HOUSTON, Texas--(BUSINESS WIRE)--Aug. 7, 2000 BP and CiDRA Corporation announced the signing of an agreement under which CiDRA will provide BP with specialist consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" to integrate fiber optics fiber optics, transmission of digitized messages or information by light pulses along hair-thin glass fibers. Each fiber is surrounded by a cladding having a high index of refractance so that the light is internally reflected and travels the length of the fiber into deep-water and other developments, undertake the development of new fiber optic products, enhance capabilities of existing technologies and integrate multiple optical technologies for specific applications. CiDRA will also provide fiber optic monitoring systems. While details of the agreement are not being disclosed, Paul Martins, Head of Well Performance for BP Worldwide, indicated that, "We see fiber optic sensor technology playing a strategic role in future field developments. CiDRA has demonstrated leadership in developing a range of fiber optic technologies for the oil industry and we want to build on their successes. We see this relationship as a starting point Noun 1. starting point - earliest limiting point terminus a quo commencement, get-go, offset, outset, showtime, starting time, beginning, start, kickoff, first - the time at which something is supposed to begin; "they got an early start"; "she knew from the for the routine integration of fiber optics into well construction." "As a Strategic Partner and a lead customer, BP will provide vital focus and guidance to CiDRA in prioritizing ongoing, fiber optic, permanent reservoir monitoring sensor development activities. We will jointly identify any `technology gaps' which may exist and CiDRA can assure they are bridged, to meet the overall industry's future needs," said Keith Morley, CiDRA's Senior V.P & G.M, Optical Sensing optical sensing, in general, any method by which information that occurs as variations in the intensity, or some other property, of light is translated into an electric signal. This is usually accomplished by the use of various photoelectric devices. Systems. CiDRA Corporation is a privately owned innovator, designer, manufacturer and supplier of Fiber Optic Products and Systems for the Energy and Telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. industries. CiDRA's Optical Sensing Systems unit is a leading provider of all-optical, Permanent Reservoir Monitoring Systems, including pressure, temperature, flow, fluid fraction and in-well seismic systems. CiDRA's Corporate Headquarters are in Wallingford, Connecticut Wallingford is a town in New Haven County, Connecticut, United States. The population was 43,026 at the 2000 census. History Wallingford was established on October 10, 1667, when the Connecticut General Assembly authorized the "making of a village on the east river" to , with the Optical Sensing Systems principle office in Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation). Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the , and a regional development center at OptoPlan A.S., in Trondheim, Norway. For more information about CiDRA, visit the CiDRA Website at www.cidra.com. For more information about BP, visit the BPWebsite at http://www.bp.com |
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