EPIM and Norwegian Oil and Gas Association merging@GTO

EPIM and Norwegian Oil and Gas Association merging

The Norwegian Oil and Gas Association, EPIM and GTO will be integrated during 2019.

EPIM and the Norwegian Oil and Gas Association have signed a letter of intent to integrate both organisations from medio 2019. Also, Geodata Trade Operator (GTO) will be part of the merger. This was confirmed by Communication manager Kolbjørn Andreassen in the Norwegian Oil and Gas Association to petro.no. “The aim with the integration is to create better cooperation, value creation and to safeguard the member’s interest in the best possible way” says Andreassen.

Who is who?

EPIM is a non-profit membership association governed by the operators on the Norwegian Continental Shelf. Its purpose is to facilitate the best possible flow of information between operators, partners, authorities and other stakeholders on the Norwegian Continental Shelf, through innovative and cost-efficient industry solutions, such as License2Share and EPIM JQS.

The Norwegian Oil and Gas Association (NOG) is a professional body and employer’s association for oil and supplier companies on the NCS. More than 100 companies associated with oil and gas activities are member of the NOG. NOG represents the common interests of the member companies when dealing with the authorities, employee organizations, other national and international institutions, and society at large.

Geodata Trade Operator is today organized as a legal entity within the Norwegian Oil and Gas Association. The objective of GTO is to ensure best possible flow of data between all oil companies on the Norwegian Continental Shelf by centralized administration of the data exchange process.

In production licenses a trade operator is appointed, who administrates all trades, purchases and sales of data to and from the licence. Geodata Trade Operator handles the role as Trade Operator based on a non-profit principle.

COMMENTS

WORDPRESS: 0
X