Omnix International forms partnership with AVEVA dedicated to KSA, Kuwait and Qatar Oil and Gas

Press Release (ePRNews.com) - CAMBRIDGE, England - May 17, 2016 - Omnix International (http://www.omnix.ae/), the provider of technology enabled solutions to the Middle East and AVEVA (http://www.aveva.com/), the world’s leading engineering software provider, have today announced a formal business partnership. The alliance has been created specifically to address the increasingly complex needs of the Oil and Gas Industry in the KSA, Kuwait and Qatar region.

Under the agreement, Omnix, which has over 25 years’ experience of working in this region, will be positioned to offer AVEVA’s software solutions to its customers. AVEVA’s design and engineering tools assist engineering companies and owner operators to increase the speed and efficiency of project execution and enhance operations reliability. Omnix is building a dedicated team of AVEVA specialists who will combine local knowledge and AVEVA certified technical expertise.

“Energy demand in the Middle East and North African region is growing at more than three times the global average and-despite the oil price pressures-our region’s Oil & Gas sector still has active projects totalling approximately half a trillion dollars.  According to MEED Projects[1], Kuwait alone is expected to award nearly $35bn of contracts before the year-end,” said Jayant Deshpande, Director, Omnix.

“Despite this positive outlook, there is significant pressure on the sector to improve performance as projects increase in complexity, especially as PWC reported 70-90% of budget and schedules overrun on Middle East Capital Projects[2].”

“Technology has a critical role to play in improving performance, and this prompted us to evaluate our portfolio to ensure we continued to offer the world-class solutions for which Omnix is known in the region. Having reviewed the market carefully, it became clear that AVEVA’s solutions for the Oil and Gas sector would help our customers become more agile, efficient and effective amid such turbulence. We also wanted a partner that would remain relevant in the future. AVEVA’s history of innovation, from the creation of the object-centric 3D design category with PDMS through to its ground-breaking information management and decision support solutions built to run on the largest touchscreens really impressed us.”

Deshpande continues: “More importantly, having met with the executive team at AVEVA, we discovered a partner with whom we can truly collaborate effectively, becoming an extension of the AVEVA business.”

Louis Khoury, SVP of Operations MEA, AVEVA said: “AVEVA has considerable success in UAE and Oman where we have direct relationships with end users. However, we also recognise that the markets in KSA, Qatar and Kuwait deserve specialist support and infrastructure, as they are complex and dynamic, and are experiencing the same shortage of skilled resources affecting the rest of the GCC.  In such situations, it is vital to have a strong local presence of highly skilled, highly experienced technical resources to provide the maximum level of direct customer assistance. Omnix has an impeccable track record of expertise and excellence across the region as a whole, and so we are honoured that it has chosen to partner with AVEVA and to add AVEVA technology into its portfolio.”

Khoury continues: “When we were evaluating the viability of this partnership, Omnix made it clear that it took this commitment very seriously. I am confident that, as a result, Project Directors, Engineering Directors, and Design Managers within Oil and Gas EPCs and Owner Operators will get levels of support and choice that the region has never previously enjoyed. We can now provide EPCs and OOs with direct expertise and access to a wide range of AVEVA products and services.”

Ends

Media contact:

Jeremy Jones

Director of Brand Marketing

AVEVA Solutions Ltd

jeremy.jones@aveva.com (mailto:kate.magill@aveva.com)

Tel: +44 1223 556613

Follow AVEVA on twitter @avevagroup

Watch AVEVA on YouTube www.youtube.com/avevagroup

For customer stories read AVEVA World Magazine at www.aveva.com/Media-Centre/AWM

About AVEVA

For almost 50 years, AVEVA software has enabled the creation of some of the world’s most complex power and process plants, vessels and offshore facilities. AVEVA’s Digital Asset approach ensures there is always an accurate digital representation of each physical asset. This allows engineering contractors, Owner Operators and shipbuilders to work more safely, more efficiently and with less risk throughout the life cycle of their projects and operations. AVEVA is the proud winner of the Frost and Sullivan 2015 Global Engineering Information Management Solutions Competitive Strategy Innovation and Leadership Award. For further information please visit www.aveva.com/ednotes.

Copyright 2016 AVEVA Solutions Limited. All rights reserved. AVEVA Solutions Limited is owned by AVEVA Group plc. AVEVA, the AVEVA logos and AVEVA product names are trademarks or registered trademarks of AVEVA Group plc or its subsidiaries in the United Kingdom and other countries. Other brands and product names are the trademarks of their respective companies.

[1] MEED, Engineering, Procurement & Construction  http://ezine.meed.com/MEED-magazine-2013-40-Supplement-EPC/Arabtec/files/meed_131004_epc%20in%20the%20middle%20east.pdf

[2]PricewaterHouse Cooper, Black Gold: The road ahead,  http://www.pwc.com/m1/en/publications/documents/blackgold.pdf

Source : AVEVA Solutions Ltd

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