AVEVA AND PETROFAC ENTER MOU TO ACCELERATE DIGITAL INITIATIVES FOR THE ENERGY INDUSTRY

AVEVA has signed a memorandum of understanding (MoU) with Petrofac. The new agreement will see AVEVA cooperate with Petrofac towards:

• Digital transformation of the end-to-end supply chain system process, including engineering cataloging, procurement, site material control and construction planning

• Supporting the delivery of Petrofac’s netzero targets using AVEVA’s sustainable engineering solutions

The plan includes, cooperation kick-off, design thinking sessions for new solutions and use cases, technical assessments, an execution strategy and more.

George Eapen, Group CIO, Petrofac said: “Petrofac and AVEVA have a long-standing relationship and we are very happy to