SAS, a provider of business intelligence and analytic software and services, yesterday launched Global Oil and Gas Business Unit dedicated to the advanced technology needs of the energy industry worldwide.
The new unit aims to leverage the booming oil and gas sector in the Middle East, which has seen tremendous growth in terms of oil wealth – reaching $30 trillion (Dh110trn) from 1995 to 2007.
The business unit aims to provide support for oil and gas organisations operating within exploration and production, refineries / manufacturing, and downstream operations, amidst mounting concerns in managing growing information stores, minimising downtime and enabling collaboration. Comprising domain-savvy staff members who specialise in optimising performance for upstream and downstream customers, the new business unit is fully equipped to help oil and gas customers maintain predictable business processes and a stable business model.
"With energy demand surging worldwide, oil and gas companies face daunting challenges daily," said Frank Mollerop, Vice-President, SAS Global Oil and Gas Business Unit.
"The size of the oil and gas industry in the Middle East alone makes it a key focus region for SAS, and it is our strong belief that our solutions can bring tremendous benefits to oil companies and the regional oil and gas sector at large. In addition to the Global Oil and Gas Business Unit, we have been tailor-fitting our solutions to play a major role in the Middle East market amidst the lack of resources in the industry," said Peter Venn, Business Development Director: Oil & Gas, SAS - Middle East & Africa.