Landmark awarded $25m Nigerian contract
Posted: 12 December 2003
First national multi-client petroleum data bank in Africa
Landmark Graphics Corporation, a wholly owned business unit of
Halliburton, has been awarded a five-year contract from the Department
of Petroleum Resources in Nigeria valued at $25 million.
The contract, awarded to Landmark and its associate Integrated
Data Services Limited (IDSL), calls for the design, development
and operation of a National Data Repository (NDR) for Nigerian exploration
and production (E&P) data using Landmark's PetroBank technology,
among the most advanced multi-client data management systems in
the E&P industry.
Landmark and IDSL will also be responsible for commissioning and
delivering the communications infrastructures that will connect
NDR subscribers to the NDR facilities in Lagos and Port Harcourt.
Seismic, well, other E&P information and key intellectual assets,
both in digital and non-digital formats, will be securely stored
for easy and rapid access from entitled subscribers to the NDR.
"With Nigeria's leading role in deepwater exploration and
production and the associated volumes of technical information,
the Department of Petroleum Resources has recognized the importance
of protecting this valuable country asset," said Andy Lane,
president, Landmark. "The Department of Petroleum Resources
decision to leverage Landmark's data management solutions and operational
experience is an indication of the confidence that they have in
the direction that we are taking the PetroBank data hosting and
management services."
"From the inception of the oil and gas industry in Nigeria,
storage and retrieval of E & P data accumulated over the years
has remained a major problem," said Mac Ofurhie, Director,
Department of Petroleum Resources. "Nigeria chose Landmark's
PetroBank technology based on its recognition as a mature, purpose-built
multi-client solution that is extremely reliable. Nigeria is confident
that Landmark, with its expertise and experience, will deliver a
state-of-the-art solution for us as they have done world-wide in
the past decade."
"Because of our proven successful deployment and operation
of data banks around the world, including Brazil, Indonesia, Kazakhstan,
Norway and the UK, the Department of Petroleum Resources selected
Landmark's PetroBank services to establish its National Data Bank
operation in cooperation with IDSL," said Murray Roth, executive
vice president marketing and systems, Landmark. "The installation
and ongoing operations of PetroBank will provide benefits to the
government and will give E&P specialists in Nigeria the opportunity
to optimize their work processes in prospect generation and field
development, through efficient information access."
Landmark is the leading supplier of software and services for the
upstream oil and gas industry. The company's software solutions
span exploration, production, drilling, business decision analysis
and data management. Landmark offers a broad range of consulting
services that enables customers to optimize their technical, business
and decision processes.
For more information see www.lgc.com.
Halliburton, founded in 1919, is one of the world's largest providers
of products and services to the petroleum and energy industries.
The company serves its customers with a broad range of products
and services through its Energy Services Group and Engineering and
Construction Groups.
For more information see www.halliburton.com.
Posted by Richard Price,
Editor Pipeline Magazine
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