Company News
HOUSTON (Mar 01, 2011)
OFS Portal LLC is pleased to announce Hess Corporation has joined the OFS Portal community. The agreement between Hess and OFS Portal provides Hess with the data protections necessary to interact with Members of the community as a trading partner committed to the use of PIDX standards. The Petroleum Industry Data Exchange, PIDX, is API’s committee on Electronic Business Standards and Processes formed to develop and promote the implementation of electronic standards for the oil and natural gas industry. Continued adoption of these standards, as seen here with Hess, is driving seamless, efficient electronic business within the petroleum industry and its trading community.
Houston-based Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas, as well as refining and marketing petroleum products, natural gas and electricity. "We are very pleased to have the support of Hess Corporation in promoting PIDX standards and data protection in Upstream Oil & Gas eCommerce.” said William Le Sage, CEO of OFS Portal LLC.
About OFS Portal
Headquartered in Houston, OFS Portal, LLC is a member-based group of industry-leading global upstream oil and gas suppliers and service providers who are at the forefront of global eCommerce processes in the oilfield. OFS Portal works with global standards organizations to converge and develop open and non-proprietary eCommerce standards for use in the upstream oil and gas industry, and delivers cost-effective ways to make eCommerce a reality for both buyers and sellers. Electronic data is provided in standard format at no cost to OFS Portal-members' customers. OFS Portal operates with a non-profit objective.
OFS Portal’s members include Baker Hughes, Cameron, Halliburton, Schlumberger Oilfield Services, Trican Well Services, Vetco International Ltd. (GE Oil & Gas), and Weatherford International. Membership is open to all oilfield suppliers with activities in the upstream oil and gas sector.
