PwC Canada, a leader in providing advisory services, and Quorum Software, the leader in digital transformation for the oil and gas industry, signed a joint business agreement on Sept. 10.
Quorum and PwC Canada are collaborating on digital transformation initiatives for the midstream sector of Canada’s oil and gas industry. The new joint business agreement makes it possible for midstream oil and gas companies to drive efficiency with Quorum software solutions paired with PwC Technology Advisory services.
“The operating environment for midstream and energy infrastructure companies is changing rapidly,” Jason Bergeron, Technology Advisory & Digital Energy Lead, PwC Canada, said. “Together with Quorum, we can enable Canadian energy companies to move to a proven digital infrastructure while reducing operational costs, eliminating manual processes and integrating various applications.”
Quorum’s midstream oil and gas software manages the operations behind more than 800 assets throughout North America. Quorum continues to advance the midstream sector with myQuorum, an open standards-based software integration platform that automates workflows across gathering, processing and transportation to connect people, processes and systems.
“Our industry is moving towards digitization to increase interoperability,” Roy Queener, president of Quorum Canada, said. “Quorum Software is proven to fuel this digital transformation by automating, standardizing and integrating various parts of the business—all in the cloud. Combined with best-in-class advisory services from PwC, we can maximize the value of our customers’ investments in technology.”
Recommended Reading
Enbridge Advances Expansion of Permian’s Gray Oak Pipeline
2024-02-13 - In its fourth-quarter earnings call, Enbridge also said the Mainline pipeline system tolling agreement is awaiting regulatory approval from a Canadian regulatory agency.
Moda Midstream II Receives Financial Commitment for Next Round of Development
2024-03-20 - Kingwood, Texas-based Moda Midstream II announced on March 20 that it received an equity commitment from EnCap Flatrock Midstream.
Bobby Tudor on Capital Access and Oil, Gas Participation in the Energy Transition
2024-04-05 - Bobby Tudor, the founder and CEO of Artemis Energy Partners, says while public companies are generating cash, private equity firms in the upstream business are facing more difficulties raising new funds, in this Hart Energy Exclusive interview.
JMR Services, A-Plus P&A to Merge Companies
2024-03-05 - The combined organization will operate under JMR Services and aims to become the largest pure-play plug and abandonment company in the nation.
Chesapeake Slashing Drilling Activity, Output Amid Low NatGas Prices
2024-02-20 - With natural gas markets still oversupplied and commodity prices low, gas producer Chesapeake Energy plans to start cutting rigs and frac crews in March.