Three oil companies in India have shown interest in specialized software developed by a Russian IT-company, RIA Novosti learned from Igor Bogachev, Executive Director of the Information and Computer Technologies Cluster at the Skolkovo Foundation during the international conference IndiaSoft 2015.
“The Russian company Rock Flow Dynamics is developing specialized software to simulate oil fields. They already have a customer – the oil company GeoEnpro Petroleum. They are also doing some test runs with the companies ONGC and Oil India,” said Mr. Bogachev. According to him, Indian companies are already using or plan to use this software for the development of new and old oil fields.
“This software allows a company to increase its oil recovery factor by using a more clear and detailed picture,” he noted.
After the Skolkovo Foundation signed an agreement with India’s Export Promotion Committee in December 2014, the IndiaSoft became the first Indian platform in which 12 Russian IT-companies participated, seeking partners in India. Some of these are already working with Indian companies. According to Mr. Bogachev, representatives of the Russian IT-sector are interested in India as a market for their own products, and as a partner for joint development.
First published in Russian by RIA Novosti.
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