Providing A Platform
Telvent, an IT and information provider, will provide a liquid natural gas (LNG) supply management platform to the China National Offshore Oil Corp. (CNOOC). CNOOC is a producer of offshore crude oil and natural gas in China, and is one of the largest independent oil and gas exploration, production and sales companies worldwide, Telvent said.
The software platform will centralize production monitoring and control and management of LNG shipping schedules, automated tanking and inventory control, Telvent said. The control system will interface with a system that manages trade settlement and sales contracts and integrates with a new billing system.
A co-engineering process between CNOOC and Telvent will identify the specific functionalities required. The project should be completed in two years, the company said.
For more information: www.telvent.com