Cyviz secures $900,000 India contract with ONGC, entering oil and gas sector

Cyviz has announced a contract worth $900,000 with Oil and Natural Gas Corporation (ONGC), India's largest crude oil and natural gas company. The agreement involves ONGC's Real-Time Drilling Operations Center (RTDOC) at its Institute of Drilling Technology in Dehradun, India.

This project marks Cyviz's first entry into the Indian oil and gas sector. Cyviz will leverage its experience in delivering collaboration technology to the energy sector, establishing a command and control environment for real-time drilling operations across ONGC's facilities.

Espen Gylvik, chief executive of Cyviz, highlighted the agreement as a crucial milestone for the company's expansion into a key global energy market. The project is scheduled for completion by December 31, 2025.