Category Archives: Oil and Gas

Pakistan State Oil prevents oil theft worth millions of rupees

Karachi, November 25, 2013 (PPI-OT): Pakistan State Oil (PSO) unearthed a mud passage near the Lalpir-Kapco pipeline and prevented oil theft worth millions of rupees.

Over the weekend, PSO security staff which was on routine patrolling duty along the Lalpir – Kapco pipeline noticed the presence of black slush and a pit near Sinawan close to the route of the aforementioned pipeline. Upon receipt of this information, the PSO depot officer hurried to the location for inspection purposes.

To rule out any possibility of un-authorized or illegal activity, the Company decided to carry out excavation of the suspected area. In light of this decision, immediate arrangements were made for the excavation of the area. During the digging activity a 3 foot wide mud passage was discovered approximately 5 feet away from the oil pipeline.

This attempt at pilferage was foiled due to the strong vigilance of the PSO staff and resulted in prevention of oil theft worth millions of rupees. PSO has filed an application in the concerned local police station to ensure the miscreants are caught and brought to justice.

For more information, contact:
Hasan Saeed
Executive- Corporate Communications
Pakistan State Oil
UAN: 111-111-PSO (776), Ext: 2470
Ta’aluq Care Line: 0800-03000
Fax: +9221-99203811
Email: hasan.saeed@psopk.com,
Website: www.psopk.com

The post Pakistan State Oil prevents oil theft worth millions of rupees appeared first on AsiaNet-Pakistan.

Photo Release — Quintiq Launches Oil, Gas and Petrochemical Business Unit

‘S-HERTOGENBOSCH, Netherlands, April 4, 2013 (GLOBE NEWSWIRE ) — Quintiq, a global leader in supply chain planning and optimization (SCP&O), today announced the launch of a new business unit focused on meeting increasing demand from its rapidly growing customer base in the oil, gas and petrochemical industry.

A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=17948

Quintiq’s breakthrough SCP&O solutions are helping some of the largest oil and gas companies in the world to optimize their business planning and make fast, collaborative and well-informed decisions across their businesses. Quintiq can be applied to every part of the supply chain including production, processing and distribution and to all planning levels from strategic planning to operational scheduling.

The highly specialized team will be led by Quintiq Commercial Director Simon Rogers, a chemical engineer with over 25 years of SCP&O experience in the oil and gas industry, and Quintiq Operational Director Coen Verberk, who has more than 20 years’ experience in supply chain planning and optimization. Prior to joining Quintiq, Rogers’ roles included Vice President of Sales and Marketing for M3 Technology, Chief Information Officer of KBC Advanced Technologies and Director of Honeywell’s advanced applications business unit.

“Historically, the industry has used various niche point solutions and spreadsheets to plan and schedule its resources,” said Rogers. “As market volatility has increased and value chains have become more integrated and complex, these solutions fail to manage risk or account for all relevant KPIs. Quintiq empowers companies to optimize their value chains over all time horizons, fully accounting for risks. I look forward to leading, along with Coen, Quintiq’s significant business growth and momentum in the challenging oil and gas sector.”

About Quintiq

Quintiq’s revolutionary supply chain planning and optimization (SCP&O) platform enables enterprises to improve efficiency at every stage of the supply chain journey. It powers end-to-end planning and optimization of personnel, resources, and processes in a single planning environment, across all planning horizons. Many of the world’s largest and most successful enterprises rely on Quintiq to achieve their business goals, strengthen their competitive advantage, and create new revenue streams.

Established in 1997 and growing rapidly, Quintiq has a global presence with dual headquarters in the Netherlands and the USA, a global development center in Malaysia, and offices around the world. Quintiq’s software is in use at over 500 locations in 78 countries worldwide.

For more information, visit www.quintiq.com or follow Quintiq on Twitter, Facebook, LinkedIn and YouTube.

CONTACT: North America Enquiries
Jon Temerlies
Racepoint Group
Tel: 1-202-349-0859
Quintiq@Racepointgroup.com

EMEA Enquiries
Charlotte Poh
Global Marketing Communication Manager
Tel:+31 (0)736910739
pressrelease@quintiq.com

Schedule for CNG stations’ closure in Sindh announced for 72 hours

Islamabad, December 31, 2012 (PPI-OT): Sui Southern Gas Company has announced the schedule for closure of CNG stations for the current week. According to the media release of SSGC, all the CNG stations in Sindh will remain closed for 48 hours from 08:00 am on Tuesday 01 January 2013 till 08:00 am on Friday 04 January 2013 for 72 hours.

This step is being taken by the gas utility to improve the line pack position all over Sindh province, which has been badly disturbed due to short supply of gas from different gas fields causing depletion of line pack and low pressure in the system, the spokes person of SSGC disclosed.

SSGC regrets the inconvenience which may be caused to the CNG users during the above notified 48 hour shut down period.

For more information, contact:
Sui Southern Gas Company (SSGC)
Inayatullah Ismail
Deputy Chief Manager
Corporate Communication Department (Media Relations)
Tel: +9221 9902 1773
Cell: +92322 222 5159
Fax: +9221 9923 1662
Email: inayatullah@ssgc.com.pk