A Norway Software Builder Sees Opportunities in Brazil Oil and Gas

By Narayan Ammachchi

Norwegian software firm KADME has teamed up with Brazilian technology solutions vendor IesBrazil to sell its “Whereoil” software platform to the companies in the Brazilian oil and gas industry.

Whereoil, according to KADME, helps energy companies get access to every piece of information about oil and gas industry so they can take quick decisions regarding oil exploration and sales.

“Many of our clients have interests in Brazil, and we see a great opportunity to introduce Whereoil in this dynamic market,” stated Gianluca Monachese, KADME’s founder and Director of Business Development.

KADME says it had long been trying to enter the lucrative Brazilian market.

IesBrazil’s partnership with the KADME will be announced officially at the 13th International Congress of the Brazilian Geophysical Society, due in August this year. Stavanger, Norway-based KADME says its software platform will better serve the information management needs of the oil and gas industry in Brazil.

The South American nation is one of the largest explorers of oil. Countries like China have invested a huge sum of money to explore oil and gas in Brazil.

“Oil and gas companies are trying to find better ways to access and use their vast stores of information, and the Whereoil software platform offers the best capabilities for leveraging value from structured and unstructured data,” said Carlos Eiffel Arbex Belem, President of IesBrazil.

The Brazilian company says data managers, E&P managers, G&G departments, asset and portfolio managers can benefit from KADME’s software.

IesBrazil went on saying it ‘believes this technology will become their prime offering for Oil & Gas data management software and solutions in Brazil.’ KADME’s software extracts information residing in multiple data sources, structured and un-structured, both inside and outside the organization.