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Bluware Signs New Agreement With Shell to Support Digital Transformation


HOUSTON, TX, October 15, 2018

Bluware, a global leader in petrotechnical software innovation, is pleased to announce that Shell has selected Bluware's Headwave technology as a strategic platform for digital transformation in Shell's global upstream business.

Positioning for competitive advantage in the new E&P landscape, Shell is investing heavily in digital technologies like artificial intelligence, machine learning, high-performance computing and cloud. After an extensive evaluation of the industry's most well-known offerings, Shell selected Headwave to help drive innovation.

With its latest advances, Bluware is delivering a petrotechnical Platform-as-a-Service enabling upstream oil and gas companies to solve complex problems in historically unimaginable ways. Like many leading innovators, the Bluware team believes that big, feature-packed applications are a thing of the past and the way forward involves many unique capabilities running in concert, in the cloud, accessible to everyone. Working together with marquee oil companies, Bluware sees the modern workforce orchestrating and automating activities that will break down long-standing technical barriers and streamline the E&P business.

"Shell has some very aggressive digitalization goals over the next few years," said Tim Roden, Manager of Shell's GeoSigns seismic interpretation platform. “Collaboration with Bluware will accelerate some of our ambitious digital transformation initiatives delivering both near-term return on investment and long-term strategic value.”

"Being selected by Shell is a tremendous validation of both our technology and our business strategy," said Dan Piette, Bluware CEO. "Our team is working relentlessly to deliver the world's first cloud-based platform for the new era of subsurface workflows. Shell's investment in our vision tells us we are moving in the right direction."

"For more than 30 years, Shell has seen great success developing advanced subsurface software solutions to enable exploration and development in complex regions," said Roden. "The relationship with Bluware will continue this tradition and accelerate our journey to modern cloud-based E&P workflows."

About Bluware Corp.
Bluware Corp is a privately-owned company that produces game-changing solutions for the most challenging objectives in the petrotechnical world. Bluware's Headwave software platform is used by some of the biggest names in E&P to accelerate digital transformation initiatives. Working in close collaboration with industry leaders, Bluware develops software that leaps ahead of long-time established offerings to drive business innovation and a whole new way of working. For more information, visit bluware.com.

About Royal Dutch Shell plc
Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam, and New York stock exchanges. Shell companies have operations in more than 70 countries and territories with businesses including oil and gas exploration and production; production and marketing of liquefied natural gas and gas to liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects. For further information, visit www.shell.com.

CONTACT:
Linda Gaasø
+47 458 50 508
linda.gaaso@bluware.com



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