Contract win

RNS Number : 8826D

IDOX PLC

23 May 2012

 



23 May 2012

IDOX plc

Engineering information unit, McLaren Software, secures $2.0m contract with OXY Inc.

IDOX plc (AIM: IDOX), a leading independent supplier of software and services to the UK public sector and global asset intensive industries, announced today that its engineering information management subsidiary, McLaren Software, has agreed to supply its McLaren Enterprise application software suite and related services to OXY Inc., a subsidiary of Occidental Petroleum Corporation (NYSE: OXY), an international oil and gas exploration and production company.  The contract in the first year is worth $2.0m.

McLaren will provide its Enterprise suite to OXY Inc.  The software will manage global asset documentation, corporation policies and procedures, standards, and guidelines.   

The upkeep of asset documentation is key to supporting efficient operations and safety, by providing consistent processes, which are auditable and compliant with industry regulations, for the benefit of all parties involved in operations and maintenance. 

Occidental is the third-largest US oil and gas company by market capitalisation, with more than 40,000 employees and contractors worldwide.

Richard Kellett-Clarke, Chief Executive of IDOX, said:

"This contract with OXY Inc. highlights the capabilities and global reach of the McLaren Software.  McLaren Enterprise solutions are designed to support engineering document control processes across the lifecycle of an operational asset."

Enquiries:

IDOX plc	[phone]
Richard Kellett-Clarke, Chief Executive
William Edmondson, Chief Financial Officer
Investec Investment Banking	[phone]
Andrew Pinder / Patrick Robb
finnCap	[phone]
Stuart Andrews / Stephen Norcross
College Hill	[phone]
Kay Larsen / Adrian Duffield

About IDOX plc

IDOX plc is a supplier of specialist document management and collaboration software solutions and services to the UK public sector and increasingly to highly regulated asset intensive industries around the world in the wider corporate sector.

Its public sector software and service division is the leading applications provider to UK local government for core functions relating to land, people and property, such as its market leading planning systems and election management software. Over 90% of UK local authorities are now customers. 

The Group provides public sector organisations with tools to manage information and knowledge, documents and content, business processes and workflow as well as connecting directly with the citizen via the web. 

These capabilities were extended via the acquisition of McLaren Software in 2010 and CTSpace in 2011 into the related area of engineering document management and control applications, to form its engineering information division. This serves many leading companies in industries such as oil & gas, mining, utilities, pharmaceuticals and transportation around the world. 

IDOX also supplies decision support content such as grants and planning policy information as well as related specialist services via the IDOX Information Solutions business.  In addition, it provides knowledge and content management skills to customers through its TFPL branded recruitment division. 

The company employs over 400 staff located in the UK, the USA, Europe, India and Australia.

For more information see www.idoxplc.com

 

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