Brunei Shell Petroleum Inks Marine Logistics Deal with ION Geophysical Corp.

Apr 20, 2022 By MarketDepth

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ION Geophysical Corporation (NYSE: IO) announced that it was awarded a five-year contract by Brunei Shell Petroleum Co. for a digital solution to manage Marine Logistics.

Digitizing Processes

The solution will be delivered utilizing the MarlinTM software suite and will include vessel monitoring, berth management, and visual reporting tools for material supply workflows. It is meant to digitize a number of manual processes and will also interface with existing tools, allowing for better logistic management and decision making for BSP.

“We are thrilled to be able to embark on this journey with BSP, to see them become a leader in digital integration of Exploration and Production Marine Logistics.”

Stuart Darling, Senior Vice President of ION’s Software group

Processes such as planning, scheduling, routing, tracking of arrivals and departures, and automating port calls are all an important part of managing marine logistics. However, these function with multiple manual processes and systems. As such, streamlining these processes and systems is imperative for continued growth.

“With every engagement, our goal is to demonstrate excellent service quality; we are delighted that our solution was chosen as part of a competitive tender process. By working closely with BSP over the next five years, we intend to leverage Marlin’s robust, cloud-based infrastructure, to digitize as many workflows as possible to ensure BSP reaps maximum value from their investment.”

Stuart Darling, Senior Vice President of ION’s Software Group