ACCESSWIRE
17 Mar 2023, 04:19 GMT+10
HOUSTON, TX / ACCESSWIRE / March 16, 2023 / OFS Portal, a member-based group of industry-leading upstream oil and gas suppliers, has announced the milestone of over 600 Energy Industry Partners signing an OFS Portal Electronic Data (EDA) or Interoperability Agreement (IOA). This includes over 550 Operators transacting across 45+ cloud e-commerce platforms. Operators in the OFS Portal community include supermajors, NOCs and IOCs. Implementing an EDA provides operators all the benefit from more efficient implementation of digital transactions with OFS Portal Members, including confidentiality and reliability, and preservation of data ownership.
Supply chain digital integration continues to be a priority for most operators, but emissions reporting is gaining ground. EDAs and IOAs define data use for more than just transactions, and while emissions reports are not part of the transaction, it is data that is shared between Suppliers and Operators and can be used to augment the processes in the supply chain. OFS Portal is developing a reporting system that supports both top-down and bottom-up emissions reporting.
OFS Portal CEO Chris Welsh states, 'All OFS Portal Operator and Network Agreements cover data stewardship with relation to transactions as well as data content. This permits the exchange of Scope 3 Emissions Data between OFS Portal Members and their customers to be covered under the content specification, a network of over 600 ready-made agreements to facilitate the exchange of emissions reporting across the Oil & Gas Industry.'
The OFS Portal Community has been working with global standards and industry organizations for over two decades. All the while encouraging reduced costs through promoting open industry transactional data standards and the use of cost-effective business processes.
OFS Portal's current members include: Baker Hughes, Halliburton, SLB, Weatherford International, Select Energy Services, and Wellbore Integrity Solutions. Membership to OFS Portal is open to any supplier operating in the oil and gas industry. For more information, please visit www.ofs-portal.com.
About OFS Portal LLC
OFS Portal is a member-based group of industry-leading upstream oil and gas suppliers. We have implemented a standard way for Oil & Gas Suppliers and Operators to digitally transact; our secure, trusted and collaborative environment results in efficiencies for both service providers and operators. OFS Portal's current members include: Baker Hughes, Halliburton, SLB, Weatherford International, Select Energy Services, and Wellbore Integrity Solutions. Membership to OFS Portal is open to any supplier operating in the oil and gas industry. For more information, please visit www.ofs-portal.com.
Contact Information:
Beverly Jernigan
Principal
beverly@beverlypr.com
713-494-1733
Mimi Stansbury
info@ofs-portal.com
SOURCE: OFS Portal
Get a daily dose of Los Angeles Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Los Angeles Herald.
More InformationJAKARTA, Indonesia: Officials from Indonesia's Aceh province said that more than 180 Rohingya Muslims landed this week by boat, in ...
HONG KONG: Hong Kong's first authorized protest took place since the end of COVID-19 restrictions and under new strict security ...
MOSCOW, Russia: A new campaign has begun across Russia to attract badly needed recruits to replenish its troop numbers for ...
WASHINGTON D.C.: US House of Representatives Speaker Kevin McCarthy has said that lawmakers will move forward on legislation aimed at ...
CROWNPOINT, New Mexico: Navajo Technical University, located on the largest Native American reservation in the US, has become the first ...
WEST READING, Pennsylvania: An explosion occurred at a chocolate factory in Pennsylvania, killing seven people and seeing ten staff members ...
NEW YORK CITY, New York: Bloomberg News has reported that New Jersey-based Valley National Bancorp is bidding to purchase Silicon ...
SAN FRANCISCO, California: A new round of extreme winter weather that hit California, also drifted into neighboring Southwest states, with ...
BENTON, Arkansas: Reuters reported that due to a reduction or elimination in evening and weekend shifts, Walmart will lay off ...
Washington [US], March 30 (ANI): For some generations, it's a 'cult' show! But does the present generation feel the same ...
Washington [US], March 30 (ANI): Brad Pitt is officially saying adieu to his Los Angeles home. Pitt has found a ...
Malik Monk scored 19 points off the bench and the Sacramento Kings ended the longest playoff drought in NBA history ...