A subsidiary of JX Nippon Oil and Gas Exploration (NOEX), JVPC has been involved in ongoing exploration and development, including the production of crude oil and natural gas, in the Phuong Dong and Rang Dong oil fields located in the South China Sea located south west of Vietnam.

This project is well underway with Credo 8 again being upgraded to the latest version using the Synch Tool and the initial data migration complete.

Ongoing is the deployment of RBI, Dashboards and Report Studio modules with completion expected in January of next year following a period of enhanced support.

A new client for Credsoft and based northwest of Erbil, the capital of The Kurdistan Region of Iraq, TAQA Iraq operates the Atrush Field.

Earlier this year, Credo 8 was deployed and recently upgraded to the latest version using a new Synch Tool developed by Credosoft. This tool assists in the comparison of legacy and clean template databases and creates scripts to assist in the upgrade process. It is a time-saving and efficiency tool which benefits the client and the development team at Credosoft alike.

TAQA also chose to implement the Dashboards and RBA modules and are currently undertaking RBA training.

It is anticipated that the system will be in production at the end of January 2023.