Major Oil Company Extends Coreworx Contract for Projects
Houston, Texas (November 22, 2017): Coreworx Inc. (now Ascertra) announced today a major oil company has extended their contract to use Coreworx Interface Management to help manage risk on their projects. Coreworx Interface Management is currently being used on their $12 billion project in West Africa. This project includes the construction of a new floating production, storage and offloading (FPSO) facility with an expected peak production of 225,000 barrels of oil per day.
Implementation of Coreworx Interface Management began early January 2017 and will be used initially during FEED to enable the management of interfaces between FEED contractors in the US and West Africa. The Coreworx solution is helping to manage technical deliverables across all project disciplines during FEED and then will transfer all interface information and responsibilities to the execution phase where responsibility will then shift to the project’s EPC contractors. In addition to helping the team manage internal project interfaces, Coreworx also helps to ensure the project is in full compliance with local Nigerian content laws.
“Coreworx solutions have been a tool of choice for major offshore projects for the last 10 years. We understand the complexities involved with managing information and deliverables between contracting parties and the risks associated with interfaces themselves. Our clients see the value our solutions bring to their complex projects – and this renewal demonstrates the confidence they have in our solutions,” said Coreworx CEO.
About Coreworx Interface Management
All capital engineering and construction projects involve complex interface dependencies between contracting parties. These interfaces can create challenges to successful project execution. Coreworx Interface Management software helps project teams overcome these interface challenges through a pre-configured, web-based solution that supports the direct and formalized communication between contractors.
