GeoQuest and Enigma Deliver Project Archiving Innovations; New Global Alliance Helps Preserve Knowledge, Control Costs and Improve Project Data Availability.Business/Energy Editors HOUSTON--(BUSINESS WIRE)--March 5, 2001 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. , today announced that it has signed a global software reseller An organization that sells hardware and software to the general public. Resellers purchase products from software publishers and hardware manufacturers. , support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services and application service provider (ASP) agreement with Enigma Enigma Device used by the German military to encode strategic messages before and during World War II. The Enigma code was first broken by the Poles in the early 1930s, so that German messages were eventually intercepted and deciphered by Allied code-breakers during the war. Data Systems to generate complete project archiving solutions to companies worldwide. The agreement allows GeoQuest to apply Enigma's portfolio of technology, including Project Archive and Retrieval System (PARS(TM)), to create master project archiving solutions -- cataloging, indexing and storing -- tailored to customers' specific business needs and technical requirements, and provide ongoing support services. The new partnership provides exploration and production (E&P) companies with Enigma-based project archiving through GeoQuest's data management service centers worldwide. "This alliance adds proven project archival and retrieval technology to our project data management solutions to create a unique offering. Our clients will be able to access this solution through onsite data management implementations or through a hosted service delivered via LiveQuest(a), GeoQuest's ASP solution," said Ron Mobed, vice president and general manager of Data Management for GeoQuest. "This is another example of our commitment to delivering the best and most effective technology available." The combined technology through the new agreement will enable customers to reduce storage costs and more effectively protect and utilize their asset knowledge, a crucial competitive advantage. This translates to shorter project cycle times, more productive professionals and less costly, more effective knowledge management. "We expect this alliance to make a substantial impact on the upstream oil and gas industry," said Duncan Wright, chief executive officer, Enigma Data Systems. "GeoQuest's pervasive global presence and E&P solutions expertise will deliver the benefits of Enigma technology to a wider circle of users." About the Organizations Enigma Data Systems (http//www.enigmadata.com), a private company backed by 3i, Europe's largest venture capital group, is the leader in project archiving technology for the upstream oil and gas industry. Enigma provides the most advanced, scalable, highest-performing systems for preserving and rapidly accessing data without terabytes of disk. Enigma solutions enable companies to compete more effectively by preserving strategic data while giving users rapid access -- speeding workflow, raising productivity and reducing disk utilization and associates costs. The company's installed base spans North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe, Africa, the Middle East, Far East and Australia. GeoQuest, an operating unit of Schlumberger Oilfield Services, 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 NYSE See: New York Stock Exchange :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 and operates 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 card, network and Internet solutions industries. Schlumberger revenue was $9.61 billion in 2000. Schlumberger is on the Internet at http://www.slb.com (a) Mark of Schlumberger (TM) Trademark of Enigma |
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