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Matrikon to supply oil field solution in $6.5m deal with Statoil

Industrial intelligence supplier Matrikon will build an intelligent oil field solution for Statoil’s Norwegian well and production facilities including 35 off-shore assets in the North Sea with the possibility of international expansion following successful implementation in Norway.

Statoil is one of the largest energy companies in the world. The project is estimated at $6.5 million.

“We believe that Matrikon has deployed Intelligent Field (i-Field) solutions to more oil and gas wells than any other independent solution provider,” said EMEA vice president, Ian Brown.

The solution employs the latest version of Well Performance Monitor, which is now empowered by Intuition to combine the powerful data cleansing, visualisation and analysis tools from Matrikon’s traditional Well Performance Monitor integrated solution with advanced tools for collaboration and workflow management, the company says.

Intuition unified enterprise-wide information management not only to access data, but also to transform it into information and display it to provide context, according to the company.

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