Satyam forms strategic alliance with POSC

By : |August 30, 2005 0

HYDERABAD: Satyam Computer Services Ltd. and the Petrotechnical Open Standards Consortium (POSC) today announced the formation of a strategic alliance that will deliver a robust data exchange system for members of the consortium based in the Asia-Pacific region. The goal of this effort is to assist in the development and adoption of POSC standards.

POSC is the leading global IT standards consortium in the energy sector and provides forums for companies in the Oil and Gas industry to collaborate in a non-competitive setting. Satyam, a member of the consortium since 2002, has been active in using POSC eStandards in its development of IT solutions for its clients.

POSC has chosen Satyam based on its robust scientific personnel, commitment to its Oil & Gas customers and well-established footprint in the Asia-Pacific region. Under the agreement, Satyam will provide an ongoing presence in the region to establish POSC communities, gather local requirements for information standards, provide technical member support for POSC standards and help strengthen the ties between local oil and gas organizations and the international POSC membership.

David Archer, President & CEO of POSC commented: “While POSC has always had an international reach and includes membership from around the globe, most of the consortium’s activities have historically focused on the US and Europe. We realize that it is time to expand the POSC community and activities to support the rapidly growing energy business in the Asia-Pacific region, with an initial focus on India.”

Since POSC’s inception in 1990, membership participation has grown to over 70 companies. POSC’s worldwide membership represents major and national oil companies, suppliers of petroleum exploration and production software and services, government agencies, computing and consulting companies, and research and academic institutions.

The consortium is focused on the use of Service Oriented Architectures (SOA), particularly the use of XML Web Services, for the exchange of key energy data including real time drilling and production information. Satyam has significant experience with these architectures and will be able to provide direct support for pilot applications that make use of new and emerging POSC data exchange standards. The key POSC exchange standards are based on the WITSML (Well Site Information Transfer Standard) family of XML specifications.

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