November 1, 2010
Aspen Technology, Inc. (NASDAQ: AZPN), a leading provider of software and services to the process industries, announced it has signed a multimillion dollar contract with international oil & gas facilities service provider Petrofac. The deal will result in aspenONE® Engineering being deployed across Petrofac’s global operations.
Mohan Narasimhan, Global Chief Information Officer, Petrofac"Expanding and standardizing on aspenONE Engineering solutions will allow us to enhance the efficiency of our engineering teams and integrate more closely with our customers. The flexibility of the licensing model also allows us to use the software in multiple parts of our organization as market requirements change. "
Antonio Pietri, Senior Vice President, Field Operations
"As demand for energy in emerging markets continues to grow, leading engineering and construction companies such as Petrofac require tools that can help optimize the design and operations of facilities. By standardizing on aspenONE, Petrofac will be able to extend engineering best practices globally while delivering enhanced value to their end customers."
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AspenTech is a leading supplier of software that optimizes process manufacturing – for energy, chemicals, pharmaceuticals, engineering and construction, and other industries that manufacture and produce products from a chemical process. With integrated aspenONE solutions, process manufacturers can implement best practices for optimizing their engineering, manufacturing and supply chain operations. As a result, AspenTech customers are better able to increase capacity, improve margins, reduce costs and become more energy efficient. To see how the world’s leading process manufacturers rely on AspenTech to achieve their operational excellence goals, visit www.aspentech.com.
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