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 St Louis Star 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 St Louis Star.
More InformationWASHINGTON, DC - Within hours of blocking a UN Security Council resolution from demanding a ceasefire in the current Mideast ...
WASHINGTON D.C.: In a sign of the challenges ahead for his 2024 re-election bid, a new Reuters/Ipsos poll showed that ...
Israel has acknowledged and thanked the United States and President Joe Biden for standing firmly by Israel's side at the ...
NEW YORK: This week, New York City officials said that one person was killed and six others were injured when ...
NEW YORK, New York - The United Kingdom refrained from supporting demands for a ceasefire in the two-months long Israel-Gaza ...
NEW YORK, New York - The U.S. was alone on Friday in a 13-1 vote for a ceasefire in the ...
LOS ANGELES, California: This week, members of the SAG-AFTRA actors union approved a three-year contract with major studios, formally ending ...
LAS VEGAS, Nevada: The U.S. Transportation Department has allocated US$3 billion for a $12 billion Las Vegas to Southern California ...
WASHINGTON D.C.: U.S. gasoline prices could fall below US$3 a gallon for the first time since 2021 and are currently ...
WASHINGTON D.C.: To fix issues that could lead to further bank failures in the U.S., such as the collapse of ...
ARLINGTON, Virginia: This week, Reuters reported that Boeing delivered 46 narrowbody 737s jets in November. The total brings the U.S. ...
NEW YORK, New York - A positive employment report from the U.S. Bureau of Labor Statistics indicating a fall in ...