Xvision_Lundin_Pressrelease
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Transcript of Xvision_Lundin_Pressrelease
Pressrelease
IntroducingboundarybreakingvisualtoolformoreCOSTEFFECTIVEfieldplanning
Oslo,12February2016-XVISION,ahighlyinnovativevisualengineeringcompanybasedinOslo,Norway,knownforprovidingstateoftheart3DvisualsolutionstotheSubseaindustryformorethan15years,hasnowreleasedanewandboundarybreakingtoolforsubstantialimprovementofcosteffectivefielddevelopmentwork,theFieldActivityPlanner.
TheOil&Gasindustryisexperiencingasubstantialwindofchange.Costlevelshavebeengrowingsignificantlywiththehighdemandandnow,whentheoilpriceisplummeting,theindustryneedstoswitchfocus–toimproveefficiencyandreduceitscostbase.
Attackingthenewindustryreality,Xvisionhastogetherwiththeleadingandhighlyinnovativeoilcompany–LundinNorway–developedanewtoolforstrengtheningdecisionmakingintheplanningandoperationofoil&gasfields.
Theapplicationisenablingtheoperatingoil&gascompany–suchasLundinNorway-toquicklydeveloptheirownscenariosoffieldlayoutoptionsandcreateasubstantiallymoresimpleandintuitivevisualizationoftheactivityplanthananyothercurrenttoolsarecapableofdoing.TheapplicationisavailableasaSaaS(SoftwareasaService)solutionthatrunsdirectlyinyourwebbrowserwithstringentsecurityandencryptiontechnology.
“Weareveryexcitedaboutthelaunchofournewdisruptivesolutionforenablingourcustomersplanningandoperatingtheirfields,usingvisualdesigntoaccesscriticaldataformorecosteffectivedecisionmaking”,saysMartinSorensen,BoardMemberofXVISIONandOil&GasIndustryExecutive.
XVISIONenteredintoaclosecooperationwithLundintoensurethattheFieldAPsolutionwasdesignedandstreamlinedforaccommodatingtheworkingproceduresanddecisionmakingprocessesusedbyfieldoperators.
“FieldAPistakingourplanningandmonitoringprocessestothenextlevel-makingallcommunicationanddatasharingfullytransparentacrosstheteam”,saysTomWiderøe,ProjectManageratLundinNorwayAS.
UsingFieldAPtheoperatortypicallycreatesanoverviewoftheequipmentutilized,theactivitiesinvolved,withtimelineandcost.Youcanquicklyvalidateandcompareoptions,andmakeadjustmentsdirectlyinworksessions,savingversionstodocumentprogression.
FieldAPisaglobalofferingtotheentiresubseaandoffshorefielddevelopersaroundtheworld,andisexpectedtotakeastrongpositionasapreferredtoolforplanningandmonitoringinternationaloil&gasfields.
AboutXvisionXvisionisprovidingcuttingedge3Dvisualizationdesigntotheinternationalsubseaandoffshoresectorusingbestofbreedtechnologytosecureefficientandvaluableuserexperiencestotheirgasindustryallovertheworld.Ourteamofvisionary,creativeandcommittedindividualsareamongthemosttalentedvisualengineersintheworld.
AboutLundinNorwayASLundinNorwaywasestablishedin2004toconductoilandgasactivitiesontheNorwegianshelf.Thecompanyhasbuiltupaconsiderablepositionandportfolio.LundinNorwayhasbeenthemostsuccessfulexplorationcompanyinNorwayoverthelastdecade,andisresponsibleforthediscoveryoffieldsincludingEdvardGriegandJohanSverdrupintheNorthSea.ThecompanyhasalsomadesignificantdiscoveriesintheAltaandGohtaprospectsinthesouthernBarentsSea.TheEdvardGriegfieldisnowinproduction,withLundinasoperator.Today,thecompanyisafullyintegratedoilcompanywhichisactivewithinexploration,developmentandoperations.OurheadquartersislocatedatLysakerinBærummunicipality.WealsohaveabranchofficeinHarstad..Contactinformation:XvisionASMartinSorensen,BoardMemberMob:+4791324889Mail:[email protected],CTOMob:+4748400464Mail:[email protected]