Absoft bolsters presence in oil and gas sector

Specialist software business Absoft has secured a contract with design and manufacturing company Downhole Products Ltd in the latest expansion of its oil and gas sector customer base.

Absoft, which supplies SAP software consultancy and support services, has signed a six figure deal with the Aberdeenshire-based provider of specialist oilfield equipment for the international market.

The contract will see Absoft implement SAP to modernise Downhole Products’ IT landscape and integrate its global finance, sales and manufacturing operations. Absoft will also provide ongoing support for the Portlethen-based firm.

Don Valentine, Director of Absoft’s Oil and Gas division, said: “The deal represents a welcome addition to our customer portfolio in the energy sector, and provides further evidence that mid-sized oil and gas companies are increasingly turning to SAP to support their growth objectives domestically and in the international arena.

“Our work with Downhole Products will serve to boost its operational efficiency, improve the quality of information and reporting on which management decisions are based, and assist with delivering even more effective client services.”

Ken Colbey, Finance Director of Downhole Products said: “Long-term partnership potential was a key consideration for us, but we also chose Absoft because of its strong track record in oil and gas and its ‘make it happen’  

“We are confident Absoft will help us unlock the full potential and benefits of the system in future, so that we see a quick return on our initial investment.”