December 9, 2011
Rystad Energy and Scandinasia Solutions Ltd announced joining forces to combine their mutual strengths in delivering to the rapidly growing software market in South East Asia. Under the agreement, Rystad Energy has provided Scandinasia Solutions with exclusive rights for sales of Rystad Energy’s UCube and DCube E&P databases to Indonesia, Malaysia, Thailand and Vietnam. The agreement also grants Scandiasia Solutions non-exclusive rights to sell Rystad Energy’s solutions throughout Asia.
“The time has come – Rystad Energy’s cooperation with Scandinasia Solutions opens up a great new sales channel and presence in South East Asia. We regard our complete bottom-up and field-by-field database UCube to be the ideal tool for anyone involved in the E&P sector in Asia and with interest in macro analysis, competitor analysis, benchmarking, deal screening and cost and investment analysis,” says Arne Gulbrandsen, Senior Partner and Head of Sales & Marketing at Rystad Energy.
Rystad Energy’s databases will be locally promoted, sold and distributed by Scandinasia Solutions engaging their strong expertise and networking opportunities in the Asian market. Local support for and training of UCube and DCube will also be provided by them.
“We are proud to partner up with Rystad Energy. In this partnership, Scandinasia Solutions will promote, sell and support Rystad Energy’s unique UCube and DCube databases to oil and gas operators, consultancy companies, financial institutions, investors and governmental institutions within the E&P sector in South East Asia from our offices in Kuala Lumpur, Jakarta, Bangkok and Ho Chi Minh City,” states Morten Tonnesen, CEO at Scandinasia Solutions.
Rystad Energy has developed to become Norway's largest and most recognized independent oil and gas database and strategy advisory firm. Rystad Energy database offerings are currently being used by a variety of E&P companies, including majors, international investment banks and consulting firms as well as governmental institutions. Rystad Energy’s main database UCube is a complete bottom-up field-by-field database for the global upstream industry.
It contains 65,000 assets and 3,200 companies as well as reserves, production profiles, owner shares, economics and a range of additional key figures for all fields, discoveries and exploration licenses globally. Data is historically ranging from 1900 and forward-looking to 2100. Rystad Energy’s DCube is a unique and specified tool for oil service market research, including E&P spending analysis, oil service market identification, customer business intelligence and opportunity screening.
For more information: www.rystadenergy.com
Scandinasia Solutions Ltd. provides consultancy services focused at business development , marketing, sales execution and provision of local support resources in Asia to leading, innovative small to mid-sized vendors to the Oil and Energy Sector from Scandinavia and USA. We mainly focus on solutions and expertise for Portfolio, Asset- and Reservoir Management, Enhanced/Increased Oil Production (EOR/IOR) and Unconventional Reservoirs (Shale Gas/CBM/CSG/Fractured Basement Reservoirs). Scandinasia Solutions and local partners in Asia offers solutions and skilled human resources to the E&P sector worldwide.
For more information: www.scandinasia.no
If you would like to hear more about this topic or to schedule an interview, please contact Arne Gulbrandsen, Senior Partner and Head of Sales & Marketing at +47 92 49 09 36, email@example.com.