Teekay Petrojarl Invests in Petrotechnics' Proscient™

ABERDEEN, Scotland, September 10, 2013 /PRNewswire/ --

Petrotechnics, the global leader in transforming frontline operational performance and lowering operational risk announced today that Teekay Petrojarl has awarded it the contract to deploy Proscient™ across its global fleet.

Following a comprehensive competitive review, Teekay Petrojarl has awarded Petrotechnics a two million euro contract to deploy Proscient™ across all of their assets worldwide. Petrotechnics will provide dynamic, industry leading work management tools to support Teekay Petrojarl's goal of creating a standardised approach to work management across their global operations. This will provide a common method of increasing work management efficiency and enhancing the organisations view of the relationship between asset risk, operational risk and control of work.

"This is a significant award for Petrotechnics and the start of a long-term relationship with an innovative and progressive company," said Iain Mackay, Petrotechnics' Executive Vice President.  "Petrotechnics has led the safe system of work marketplace for the last decade and Teekay Petrojarl's award represents the market moving to a solution that is more than simply permit to work," continued Mackay.

Teekay Petrojarl, the global leader in harshwater FPSOs, currently operates within UK, Norwegian and Brazilian sectors. Petrotechnics will provide Teekay Petrojarl, with a complete and efficient permit to work, operational performance and predictive risk solutions.

"We chose to partner with Petrotechnics for implementation of our electronic Control of Work system because of their solid experience and understanding of operational risk management in our industry," said Sverre Stenvaag, Teekay Petrojarl SVP Operations. "We believe Proscient™ will help improve the controls and efficiency of how we control work, hence reducing the risks involved in our operations. We also believe the implementation is an opportunity to consistently harmonise the way we handle central work processes such as Permit to Work and risk assessments across our fleet, while also safeguarding full compliance to regulatory requirements in all regions where we operate."

About Petrotechnics

Petrotechnics was founded with a vision to keep more people safe in hazardous industries, helping companies improve their production efficiency and lower operational risk.  With more than 15 years of experience helping customers transform their frontline operations with our award winning products and services, Petrotechnics understand first-hand many of the operational challenges facing organisations.

Petrotechnics provides easy to use world class scalable solutions that empower organisations in hazardous industries to optimize how they manage workload against risk according to policy across their organisation. Petrotechnics software systems have served as the cornerstone for more than 22 companies across 385 sites on 6 continents and more than 50,000 users to optimize how they manage workload against risk according to policy. Customers see tangible ROI in the form of fewer unplanned shutdowns, faster turnarounds, reduced maintenance backlog, reduction in permit & contractor wait time and of course improved management of operational risk.  Petrotechnics is based in Aberdeen, UK with offices in Houston, Saudi Arabia, and Singapore.  To find out more, visit:  http://www.petrotechnics.com