Asset Guardian Solutions Ltd. (AGSL) has secured a deal for a process software management toolset with an oil and gas supermajor in Perth, Western Australia, the company said in a Feb. 23 release.
The contract requires AGSL to provide Asset Guardian, a process software management toolset that protects the integrity of process control software used to operate key oil and gas assets.
Initially, Asset Guardian software will be used during the commissioning phase of a new LNG development that is nearing completion off the northwest coast of Australia. The specialist software will manage process software configuration changes and all control system hardware associated with the project. It will also provide the plant operator with a secure repository to store software files and associated data.
The contract is the third to be awarded to AGSL, which specializes in protecting companies’ process critical software assets, in Australia during the last two years.
In 2012, Woodside Energy implemented Asset Guardian to protect the process control software used to operate the company’s production facilities. The following year, INPEX purchased Asset Guardian for its Ichthys LNG Project, a $34 billion development that aims to develop the gas and condensate field in the Browse Basin offshore Western Australia.
Recommended Reading
Oil Rises After OPEC+ Extends Output Cuts
2024-03-04 - Rising geopolitical tensions due to the Israel-Hamas conflict and Houthi attacks on Red Sea shipping have supported oil prices in 2024, although concern about economic growth has weighed.
Russia Orders Companies to Cut Oil Output to Meet OPEC+ Target
2024-03-25 - Russia plans to gradually ease the export cuts and focus on only reducing output.
US Gulf Coast Heavy Crude Oil Prices Firm as Supplies Tighten
2024-04-10 - Pushing up heavy crude prices are falling oil exports from Mexico, the potential for resumption of sanctions on Venezuelan crude, the imminent startup of a Canadian pipeline and continued output cuts by OPEC+.
Global Oil Demand to Grow by 1.9 MMbbl/d in 2024, Says Wood Mac
2024-02-29 - Oil prices have found support this year from rising geopolitical tensions including attacks by the Iran-aligned Houthi group on Red Sea shipping.
BP Starts Oil Production at New Offshore Platform in Azerbaijan
2024-04-16 - Azeri Central East offshore platform is the seventh oil platform installed in the Azeri-Chirag-Gunashli field in the Caspian Sea.