Chevron, Chrysaor sign software contracts with Aberdeen’s Arnlea

8/18/2017

ABERDEEN -- Arnlea, an oil and gas asset management software business, has secured contracts with operators Chevron and Chrysaor.

Aberdeen-based Arnlea has signed an agreement with Chevron for the deployment of Intrinsix Ex, Arnlea’s mobile software inspection and maintenance product used in hazardous areas, across five of the operator’s North Sea assets. Chrysaor, which acquired a package of North Sea assets from Shell earlier this year, has also committed to use the same Arnlea solution on three of its assets. This contract is for one year, with the option to extend.

Intrinsix Ex involves the use of handheld technology to provide visibility, accuracy and control of assets to assist in improving efficiency and reliability and, ultimately, extending the life of the asset. The solution plays a central role in helping companies to comply with ATEX industry regulations and IEC 60079 standards as part of the management of hazardous areas and equipment.

The company also has modules of Intrinsix for inspection and maintenance outwith hazardous environments, and for materials management. The solutions use mobile auto-ID technology such as RFID, barcodes, tablets and smartphones.

Arnlea has invested more than £2 million in Intrinsix in the past three years and this level of investment will continue. The system can operate standalone or integrated with a client’s corporate systems. This new technology enables the receipt, management and relocation of inventory, the visibility and traceability of equipment in logistics activities and the history and condition of an asset. This allows for more efficient and effective inventory, maintenance and inspection strategies.

Backed by NVM Private Equity, Arnlea managing director Allan Merritt led a £5 million management buyout of the business in 2014. Arnlea has a team of 30 employees.

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