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
DXP Enterprises Buys Water Service Company Kappe Associates
2024-02-06 - DXP Enterprise’s purchase of Kappe, a water and wastewater company, adds scale to DXP’s national water management profile.
ARM Energy Sells Minority Stake in Natgas Marketer to Tokyo Gas
2024-02-06 - Tokyo Gas America Ltd. purchased a stake in the new firm, ARM Energy Trading LLC, one of the largest private physical gas marketers in North America.
California Resources Corp., Aera Energy to Combine in $2.1B Merger
2024-02-07 - The announced combination between California Resources and Aera Energy comes one year after Exxon and Shell closed the sale of Aera to a German asset manager for $4 billion.
DNO Acquires Arran Field Stake, Continuing North Sea Expansion
2024-02-06 - DNO will pay $70 million for Arran Field interests held by ONE-Dyas, and up to $5 million in contingency payments if certain operational targets are met.
Report: Devon Energy Targeting Bakken E&P Enerplus for Acquisition
2024-02-08 - The acquisition of Enerplus by Devon would more than double the company’s third-quarter 2023 Williston Basin production.