Woodside has invested in Sapien Cyber Ltd., a Western Australian company specializing in the protection and security of critical infrastructure, it said on March 18.
Sapien Cyber was launched by the world-leading cyber security research team at Edith Cowan University, commercialized in partnership with Jindalee Partners, and refined in collaboration with Woodside.
It is a 100% Australian-owned technology platform that provides clients unprecedented network visibility, dynamic real-time monitoring and actionable intelligence to dramatically reduce the vulnerability of digital systems to cyber-attack.
Woodside will take a 10% shareholding in Sapien Cyber.
Woodside chief technology officer Shaun Gregory will join the Sapien advisory board as an observer, noting the Sapien Cyber relationship effectively demonstrates Woodside’s collaborative approach to innovation and technology.
“Woodside is proud to be supporting another Western Australian technology company. The sophistication of Sapien Cyber’s technology platform has the potential to deliver a comprehensive and multi-dimensional cyber security solution to protect Woodside’s operating assets,” Gregory said.
Sapien Cyber Chairman John Poynton said criminals, activists and state agents are continually refining the potency of their cyber weapons.
“Solutions need to evolve faster than the threats. Our unique approach offers unparalleled, real-time visibility to the client’s network, detecting operational technology cyber threats before they can wreak havoc,” he said.
Recommended Reading
Technip Energies Wins Marsa LNG Contract
2024-04-22 - Technip Energies contract, which will will cover the EPC of a natural gas liquefaction train for TotalEnergies, is valued between $532 million and $1.1 billion.
Pemex GoM Oil Platform Blaze Leaves One Dead, 13 Injured
2024-04-08 - A Coter contract worker died from a fire that broke out at Pemex’s Akal-B platform this weekend that also left several others in serious condition, the company said.
Tethys Oil Releases March Production Results
2024-04-17 - Tethys Oil said the official selling price of its Oman Export Blend oil was $78.75/bbl.
Trillion Energy Begins SASB Revitalization Project
2024-04-15 - Trillion Energy reported 49 m of new gas pay will be perforated in four wells.
Repsol to Drop Marcellus Rig in June
2024-04-26 - Spain’s Repsol plans to drop its Marcellus Shale rig in June and reduce capex in the play due to the current U.S. gas price environment, CEO Josu Jon Imaz told analysts during a quarterly webcast.