10 January 2005

EOS Technologies Inc. who run the world’s largest oil and gas e-commerce document exchange which connects over 2,500 oil and gas organisations together using their DDE (Document Delivery Exchange), has announced a major push to further expand their penetration into the sector, with the launch of [Enerdox].

[Enerdox], the new European document exchange based in Aberdeen is anticipated to more than double the global EOS membership, and itself will be one of the largest Oil and Gas e-commerce industry exchanges in the world, handling up to US$ 13 Billion annual spend.
The announcement follows market research and industry analysis carried out in conjunction with LOGIC, the UK’s ‘centre of excellence’ for supply chain effectiveness in the energy sector. LOGIC and EOS anticipate working together to deliver the new exchange across Europe. Work in Aberdeen will commence immediately, with the first [Enerdox] members going ‘live’ early in the summer.
Alan Livingston EOS CEO, commented: “With our technology we can create dedicated document exchanges in any part of the world. This has helped us to move forward with the launching of [Enerdox], together with others in Qatar, and Abu Dhabi, each fully integrated to our main current exchange. Additionally, we have plans for exchanges in Egypt, Syria, Saudi Arabia, and North America.”
The EOS solution that powers [Enerdox] is already used by organisations from every major country in the world, and the existing membership of EOS exchange includes most of the major suppliers to the Oil and Gas industry, the first major EOS O&G member the Petroleum Development Oman - PDO (which is 34% owned by Shell).