![]() Financial Daily from THE HINDU group of publications Thursday, Jan 20, 2005 |
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Alliances & Joint Ventures Industry & Economy - Petroleum Scicom partners with Norwegian co for data centre Our Bureau
New Delhi , Jan. 19 SCICOM Infotech has tied up with Norway-based Aker Kvaerner Geo to set up an Exploration and Production (E&P) Data Management Centre in Noida. The centre will cater to companies such as Oil and Natural Gas Corporation, which are involved in exploration of oil and petroleum. "This will be first of its kind in India in an offshore setting. At present, owing to the sensitivity of the E&P data, the function is managed by oil companies, internally. The MoU signed between Scicom and Aker Kvaerner will give these companies an option to outsource a part of their requirements," said Dr Indarnil Chakravarty, Managing Director, Scicom Infotech. The centre, which will cater to the needs of oil companies globally, will have about 100 employees in the next two years. The two partners will jointly invest about $1 million to set up the centre. Scicom is already in talks with ONGC and Hindustan Petroleum for offering the data management service.
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