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Page 1: Rumaila Operating Organisation Selects ISNetworld for ... · PDF filePRESS RELEASE For Immediate Release Contact Rumaila Operating Organisation Selects ISNetworld for Contractor/Supplier

PRESS RELEASE For Immediate Release

Contact

Rumaila Operating Organisation Selects ISNetworld for

Contractor/Supplier Management ISN Expands International Client Base

LONDON, United Kingdom (8 August 2011) – ISN is pleased to announce the Rumaila Operating Organisation (ROO) has selected ISNetworld to enhance its contractor qualification process for its local Iraqi and overseas suppliers.

ROO is a consortium of companies including BP, PetroChina, the South Oil Company and the Iraq State Oil Marketing Organisation (SOMO) tasked to increase production from the Rumaila oilfield, near Basra in south Iraq. The consortium led by BP aims to nearly triple the Rumaila field’s output, which would make it the world’s second largest producing oilfield. By 2016, production of 2.85 million barrels a day will mean Rumaila will account for 3% of global oil production.

“Our expansion into the Middle East and our partnership with ROO is an important milestone in ISN’s history. Our companies have spent a great deal of time collaborating to ensure a seamless transition for ROO and their contractors,” said ISN President, Joe Eastin. “With great anticipation we look forward to the success of the ROO implementation and continued progress in the Middle East.” About ISN ISN provides an online contractor management database, ISNetworld, which is designed to meet internal and governmental record keeping and compliance requirements. ISN collects health and safety, procurement, quality and regulatory information for more than 34,000contractors and 215 Owner Clients. Through its Review and Verification Services (RAVS), ISN's subject matter experts review and verify contractors' self-reported information, incorporating a level of due diligence to the process. Contractors also use the system to manage internal training and recording keeping requirements. For more information, visit www.isn.com.

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Joseph Eastin President (214) 303-4900