HOUSTON, Sept. 6, 2017 /PRNewswire/ -- PlanSea
Solutions Limited and ION Geophysical Corporation (NYSE: IO) today
announced a collaboration to improve the efficiency of offshore
supply vessel logistics. By embedding PlanSea's powerful logistics
optimization algorithms into ION's innovative Marlin offshore
operations optimization software, the two companies aim to provide
a comprehensive, real-time solution for marine logistics management
that significantly reduces costs and risks.
ION's Marlin software provides a visualization and
communications infrastructure to gather supply vessel inventory,
scheduling and task data from existing systems and
workflows. Consolidating this data enables Marlin to provide
comprehensive situational awareness information with supply vessel
key performance indicators (KPI) for analysis by management teams.
By integrating PlanSea's field-proven optimization algorithms with
Marlin's supply vessel performance statistics, the collaboration
seeks to ensure efficient operations are maintained at all
times. This solution is also designed to further reduce
offshore marine support costs by creating a platform to enable
supply vessel fleet sharing between companies.
Jim Cargill, CEO of PlanSea,
said, "We are pleased to be working with ION on this exciting new
development. It is important for the future of our industry
that companies collaborate to ensure that efficiencies are achieved
at the earliest possible date. PlanSea's software has
successfully demonstrated major cost savings already and we look
forward to working with ION and clients to optimize their offshore
logistics operations."
Chris Usher, EVP & Chief
Operating Officer of ION's E&P Operations Optimization group,
commented, "Our Marlin offshore operations management solution has
been delivering value for a range of operations globally, providing
enhanced situational awareness and offshore activity
planning. Our solution has been developed to bring these gains
to offshore logistics, and collaborating with PlanSea allows us to
offer a unique solution for optimization, adding considerable value
to the overall package. Together we are able to improve
operational efficiencies and minimize HSE risk."
To learn more, visit iongeo.com/Marlin.
About ION
ION is a leading provider of technology-driven solutions to the
global oil & gas industry. ION's offerings are designed to help
companies reduce risk and optimize assets throughout the E&P
lifecycle. For more information, visit iongeo.com.
About PlanSea
PlanSea is a Limited Liability company that offers operational
management control, fleet optimization and vessel scheduling
software for the offshore oil and gas marine support sector. For
more information, visit www.plansea.co.uk.
Contacts
ION (Investor relations)
Executive Vice President and Chief Financial Officer
Steve Bate, +1 281.552.3011
steve.bate@iongeo.com
ION (Media relations)
Vice President, Communications
Rachel White, +1 281.781.1168
rachel.white@iongeo.com
PlanSea
Chief Executive Officer
Jim Cargill, +44 07514.088766
jim@plansea.co.uk
The information herein contains certain forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934.
These forward-looking statements may include information and other
statements that are not of historical fact. Actual results may vary
materially from those described in these forward-looking
statements. All forward-looking statements reflect numerous
assumptions and involve a number of risks and uncertainties. These
risks and uncertainties include risks associated with the timing
and development of the Company's products and services, pricing
pressure, decreased demand, and changes in oil prices; and
political, execution, regulatory, and currency risks. Additional
risk factors, which could affect actual results are disclosed by
the Company in its fillings with the Securities and Exchange
Commission ("SEC"), including its Form 10-K, Form 10-Qs and Form
8-Ks filed during the year. The Company expressly disclaims any
obligation to revise or update any forward-looking
statements.
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SOURCE ION Geophysical Corporation