Following the announcement of ‘Energy City’ (see last month’s Oil IT Journal), the state of Qatar is now the site of an extension of EOS’ Middle East business to business (B2B) exchange. EOS Qatar is a joint venture between UK-based EOS Technologies and a group of Qatari interests. EOS Qatar aims to foster the growth of business in Qatar and help local organizations evolve internationally.
EOS Qatar investor Sheikh Saoud Bin Abdulla Jabor Al Thani said, ‘Qatar is one of the region’s fastest growing economies, and is forecast to become one of the world’s largest natural gas producers. This growth needs to be managed carefully and if we are to move into the international business arena, local corporations must identify ways to manage their internal and external processes in a timely and cost effective manner.’
EOS already supported corporate transitions to e-procurement in the Middle East. The EOS Exchange offers a transparent pricing structure with no sign-ups fees. Companies pay for what they use and can transition to full e-commerce at their own pace.
EOS CEO Alan Livingston added, ‘With 8,000 members in the Middle East alone, and projecting over 20,000 by the end of 2006, Qatar is a key country for us. EOS Qatar can now offer Qatari companies an easy to use e-procurement system that will open doors to international trade. Our exchange will help Qatar’s public and private sectors make Qatar one of the most e-enabled countries in the region.’
In 2004, EOS announced Enerdox, an European e-business document exchange. EOS also runs the Document Delivery Exchange (DDE), an oil and gas e-commerce facility connecting some 2,500 organizations. The EOS solution that powers Enerdox is used by suppliers including Halliburton and Schlumberger. EOS’ oil and gas anchor client is Petroleum Development Oman (34% owned by Shell).
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