Data partnership agreement signed with Target Energy

Data partnership signed Sword Venture and Target Energy

Sword Venture and Target Energy Solutions have signed a partnership agreement to deliver their technology and services as a combined offer in the areas of data foundations, data management and business consultancy on digital transformation solutions.

The two companies will combine their market-leading services and technology to deliver next generation trusted data platforms to the Oil and Gas industry that offers data integration and insights, reducing costs and value through better informed decision for its clients.  This offer will include leading-edge loading automation, Google-like search and data science techniques to reduce manual overhead from a client and service delivery perspective and significantly improve data quality, accessibility, performance and regulatory compliance. 

Gareth Smith, Head of Consulting with Sword Venture said; “We’ve been working with Target for some time to explore opportunities to leverage and integrate our mutual capabilities. We are both developing new technologies and approaches to tackling the data and information challenge all our customers face on a day-to-day basis. We feel the combination of Target’s MEERA Trusted-Data platform and our data science and analytics-led services provide a potential step-change. There’s never been a better time to unlock the value of data in Oil and Gas and address the very real challenges we face around supporting energy transition, improving operational efficiency and managing risk.”

Matthias Hartung, President Digital Transformation with Target Energy Solutions added; “More than ever, our industry is demanding data foundation and management capability to enable cost control, adoption of digital technologies in pace and scale, and insights to address current economic, environmental and social-acceptance challenges. Finding and getting trusted data to any end-user app requires data foundation technology and domain-competent services which is what the partnership of Sword and Target can jointly bring.  We look forward to working our new partnership with Sword to meet market demand.”

About Target Energy Solutions

Target is an international technology and services company focused on delivering on enabling digital transformation solutions for data-driven industries . Formed in 2004 by Oil and Gas industry professionals  and headquartered in Muscat, Target now operates globally with 9 offices from Houston to Beijing and a total staff of 750. Target has expanded its client list to include regulators, NOCs, IOCs, investors and service companies around the world. 

For more information visit https://www.target-energysolutions.com/

About Sword Venture

Formed in 1990, Sword Venture designs, implements and supports practical technology, data and information solutions that enable Oil and Gas companies to gain insight and make effective business decisions. Sword Venture is part of the global Sword Group, an international consulting, services and software company and global leaders in digital and technology transformation, with over 2,000 employees working in 50 global locations.

Read more here about how we help to design, implement and support practical information management services and solutions.

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