Emerson and Total Sign Long-Term Global Agreement for Paradigm Exploration & Production Software Solutions

Loading...
Loading...

Total becomes an active member of Emerson's OpenDB Consortium

Emerson EMR announced today a long-term global agreement with Total® S.A. to provide all Total geoscientists with access to Emerson's Paradigm exploration and production (E&P) software portfolio to help the global energy leader maximize performance of reservoir subsurface modeling and formation evaluation.

"Emerson is one of our key suppliers of E&P geosciences software," said François Alabert, vice president, Geo-Technology at Total E&P. "With this agreement, our geoscientists will have improved and easier access to critical technology wherever and whenever they can most benefit from it, while keeping full flexibility in using our own tools as well as alternative external solutions."

In late 2017, Emerson acquired Paradigm, which combined with Emerson's existing portfolio, makes Emerson the largest independent provider of E&P software to the oil and gas industry.

"The primary focus of our E&P Software business is to help energy producers extract the greatest value from their field assets," said Mike Train, executive president, Emerson Automation Solutions. "We're proud to collaborate with Total to provide their geoscience experts the insights they need to maximize reservoir performance."

The agreement provides Total access to the Paradigm SKUA-GOCAD™ and Paradigm Geolog® software solution suites for full field life cycle subsurface modeling and formation evaluation activities. Additionally, through use of a Paradigm software development kit, Total will continue to integrate the technology into its own proprietary geosciences and reservoir integrated platform.

With the new agreement, Total will also become an active member of the new OpenDB Consortium, Emerson's E&P Software initiative to build a next-generation database using industry standard formats. By participating in the consortium, Total will be able to contribute directly to the design and implementation of the database and influence future technological developments.

For more information on Paradigm products and services, please visit www.Emerson.com/Paradigm or e-mail ParadigmSoftware@Emerson.com.

About Emerson

Emerson EMR, headquartered in St. Louis, Missouri (USA), is a global technology and engineering company providing innovative solutions for customers in industrial, commercial, and residential markets. Our Emerson Automation Solutions business helps process, hybrid, and discrete manufacturers maximize production, protect personnel and the environment while optimizing their energy and operating costs. Our Emerson Commercial & Residential Solutions business helps ensure human comfort and health, protect food quality and safety, advance energy efficiency, and create sustainable infrastructure. For more information visit www.Emerson.com.

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: Press Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...