AN Aberdeen company specialising in predictive analysis for the oil and gas sector has won a multi-million-pound contract with China National Offshore Oil Corporation covering key North Sea platforms.

OPEX Group’s three-year contract will see it roll out its X-PAS predictive analysis service for CNOOC Petroleum Europe on the Buzzard, Golden Eagle, and Scott platforms, supporting operations across all topside, oil, gas, water and power systems.

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The Aberdeen company has delivered digital services for CNOOC Petroleum Europe for the past seven years. CNOOC is one of the largest oil producers in the UK North Sea. It puts its share of UK oil production at more than 25 per cent.

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The Chinese giant is also active on the exploration front in the Central North Sea and West of Shetland,

OPEX’s analysis service is aimed at supporting oil and gas operators in improving the predictability of offshore operations.

The company collaborates with oil and gas operating companies to “extract maximum value from their operational data”, with the aim of helping them to “solve complex problems, improve production efficiency, reduce maintenance costs and mitigate risk”.

OPEX’s service combines oil and gas and data-science expertise with a range of predictive technologies.

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Jamie Bennett, executive chairman of OPEX, said: “This new contract with CNOOC Petroleum Europe... is the culmination of several years of close collaboration between our organisations.

“We are pleased to have extended our scope across the company’s UKCS (UK Continental Shelf) assets.”

He added: “We have seen a notable shift as the industry is starting to show real commitment to digitalisation, which will undoubtedly bring breakthroughs in productivity and safety by using data to create meaningful insights.”