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Petrotechnics Announced as a Finalist for New Technology Development of the Year 2013 at the Oil & Gas Awards - Gulf Coast

HOUSTON, January 27, 2014 /PRNewswire/ --

Petrotechnics, the global leader for transforming frontline Operational Performance and Lowering Operational Risk in Hazardous Industries, is delighted to announce it has been named as a Finalist for its Software in New Technology Development of The Year 2014 for the Oil & Gas Awards in the Gulf Coast region for North America.

The Awards Ceremony will take place on Tuesday 18 March 2014 at The Westin Galleria in Houston. The Oil & Gas Awards recognize the outstanding achievements made within the Upstream and Midstream sectors of the Oil & Gas Industry; rewarding success and commitment to health & safety, environmental stewardship and corporate social responsibility.

Proscient, Petrotechnics' enterprise-ready Operational Performance & Predictive Risk software platform, helps companies simplify the complexities of managing frontline operations. By providing the means to better connect key elements of the work management process such as integrated activity planning, workload prioritization, risk management and work control and execution, Proscient can help organizations get more of the right work done safely, efficiently and sustainably. It can improve coordination and collaboration across functions such as Maintenance, Operations, Planning, HSE and Engineering to optimise production efficiency, lower operational risk and improve policy management.  

"Proscient allows organizations to better manage workload against risk in the dynamic context of frontline operations.  With a common view of risk across operations, organizations can better prioritise work according to risk, criticality and capacity and thus build execution into the work plan," said Mike Neill, President of Petrotechnics USA.  Neill added: "With easy to use and intuitive decision making tools embedded in the technology, Proscient provides the platform to not only understand risk, but proactively manage it. I think this is where we make a difference and why we've been chosen. Proscient can help drive operational efficiencies and improved asset integrity health leading to a reduction in the maintenance backlogs, increase wrench-time, and a lowering of operational risk.  Being recognised for this, alongside the likes of Honeywell, Devon Energy and Anadarko is a significant milestone for us - we're honoured to be nominated."

The 2013 Oil and Gas Awards Judging Panel commented: "Managing operational risk whilst optimizing production is a key aim for responsible operators and Proscient can help companies achieve this goal. Technology that can help organizations work more efficiently and safer is noteworthy. Some impressive savings referenced."

About Petrotechnics

Petrotechnics has been working with customers in hazardous industries for over 15 years, providing practical solutions to transform and improve frontline performance. This latest innovation comes as a result of working closely with customers to understand their needs and ensure that the relevant tools are available to help them improve production efficiency and lower operational risk. To find out more, please visit http://www.petrotechnics.com/contact-us

Proscient(R) is a registered trademark of Petrotechnics Ltd.

SOURCE Petrotechnics Ltd

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