HOUSTON, March 7, 2024 (Newswire.com) - The Board of OFS Portal, LLC is delighted to announce the appointment of Mimi Stansbury as CEO, effective 1 March 2024. Mimi succeeded Chris Welsh, who has taken the firm to a new height of global recognition during his nine years as CEO and Chairman of the Board. Chris expanded the
HOUSTON, TEXAS - OFS Portal has announced the milestone of over 600 Energy Industry Partners signing an OFS Portal Electronic Data (EDA) or Interoperability Agreement (IOA). This includes over 550 Operators transacting across 45+ cloud e-commerce platforms. Operators in the OFS Portal community include supermajors, NOCs and IOCs. Implementing an EDA provides operators all the
HOUSTON, TEXAS - OFS Portal announced today that it has now over 500 Energy Industry Operators that have signed the OFS Portal Electronic Data Agreement (EDA). Operators in the OFS Portal community, include supermajors, NOCs and IOCs; they all benefit from more efficient implementation of electronic transactions with OFS Portal Members, including confidentiality and reliability, and
HOUSTON, TEXAS - OFS Portal recently announced it has surpassed 500 legal agreements with 466 Electronic Data Agreements (EDAs) signed by Oilfield Operators and 47 Interoperability Agreements (IOAs) signed by cloud service providers. The number of agreements signed in 2020 exceeded 2019--a sign that digital procurement is accelerating and data stewardship is a growing priority
HOUSTON, TEXAS -In collaboration with working capital management solution provider, Taulia, OFS Portal recently announced successful implementation of PIDX Oil & Gas standards between an OFS Portal supplier member and an operator that is a customer of Taulia. PIDX standards implemented using AS2 addresses the immediate need for low-cost business document exchange among the Oil & Gas
Despite the current challenges of COVID-19 pandemic and the downturn in Oil & Gas Industry, the number of operators utilizing the OFS Portal Catalog Management & Syndication tool continues to accelerate year-on-year with a 46% increase in the last two years. That is an increase of 10 operators from June 2018 to 2019, and an
OFS Portal's CEO, Chris Welsh, participated in the Global Interoperability Framework Workgroup project which has released its preliminary report to the industry for consultation. The workgroup was formed in 2019 to develop best practices, policies, standards and guidelines that enables the exchange of business transactions between Service Providers to significantly speed up the time to
While the aesthetics have changed, our commitment to providing a global data stewardship framework for the industry over the last 20 years remains the same. The new site reflects our growth internally as an organization and externally as thought leaders in B2B eCommerce for the Oil & Gas industry.
OFS Portal Supports EESPA's Goals During COVID-19 OFS Portal supports EESPA's goals during COVID-19 and the need to adopt automated eBusiness in the supply chain through fair interoperability agreements, royalty free standards and data sovereignty. As the Oil & Gas industry continues to navigate COVID-19, protecting trade integrity through data stewardship remains a top priority for
OFS Portal Celebrates 20 Years of Providing Data Stewardship to the Oil & Gas Industry OFS Portal is celebrating 20 years of providing data stewardship to the Oil & Gas Industry, and we are proud to announce we now have more than 475 legal agreements in place covering data governance and data use rights, including
