P2 Energy Solutions to Acquire ISS Group Limited

06/03/2013

P2 Energy Solutions extends its leadership in upstream oil and gas software to provide a more comprehensive and integrated production solution.

On June 3rd, 2013, P2 Energy Solutions announced its intention to acquire ISS Group Limited (“ISS”). ISS’s leading BabelFish™ product suite and production operations expertise will round out P2’s broad range of products and services to provide the most comprehensive and integrated production solution for the upstream oil and gas market. The BabelFish™ product suite is focused on the production operations domain, with complex event processing, notifications, data analysis and real time visualizations among BabelFish’s™ core strengths.

P2’s intended acquisition of ISS will enable the convergence of business and production operations systems for the upstream oil and gas industry. As customers strive to maximize the operational efficiency of their producing assets, more effective integration of engineering, operations, and business functions is required. The BabelFish™ product suite in combination with P2’s industry-leading applications for finance, accounting, land management and operations will provide exploration and production companies with a single supplier for the solutions they need to run their businesses and maximize profitability. In addition, ISS works with multinational mining, metals and minerals customers and will bring this domain knowledge and experience to P2.

To read more on this announcement, click here.

Related Articles


P2 Energy Solutions Appoints J. Scott Lockhart as Chief Executive Officer

02/13/2017
DENVER, CO - February 13th, 2017 - P2 Energy Solutions is pleased to announce the appointment of J. Scott Lockhart...

P2 Announces Release of P2 Land 5.0, an Oil and Gas Land Management System Created by Land Users, for Land Users

02/08/2017
P2 will be giving live demos of the solution’s new features and capabilities at booth 2911 at NAPE Summit DENVER,...

P2 Energy Solutions Integrates and Offers SAP HANA® as Part of P2 Land, Enabling Customers to Simplify Their Operations

10/13/2016
OEM agreement brings together in-memory computing capabilities of SAP HANA with P2 Land’s market-leading land management capabilities DENVER, CO –...