GUtech signs MoU with PSI Software AG in Germany

HALBAN To elaborate collaboration with international companies GUtech has recently signed a Memorandum of Understanding (MoU) with the German company PSI to set up a laboratory and training center equipped with special software from PSI Software AG. “We are pleased to sign the MoU with PSI, a leading international supplier of software for utilities and industry, especially in the oil and gas industry,” said Prof. Dr. Ing. Michael Modigell, Rector of GUtech. GUtech students who are enrolled in Engineering, Computer Sciences, Applied Geosciences and Logistics programmes will benefit from this unique partnership. “We will train GUtech students especially in SCADA software systems and how pipelines and/or gas and water networks are operated with our Pipeline Management Software,” said Dr. Martin Bürgel, Vice-President and Director Oil & Gas at PSI. The company will also utilize the GUtech laboratory as a training center for its customers in the region.

PSI Software AG is the European market leader for energy control systems for gas, oil, electricity, heat and energy trading. The company develops and integrates complete solutions for energy management (gas, oil, electricity, heat, energy trading), production management (mining, metals, automotive, mechanical engineering, logistics) and infrastructure management for transport and safety. Based in the German capital Berlin, PSI was founded in 1969 and employs more than 1,600 persons worldwide in projects in the US, Europe and Asia. Previous prestigious projects include the delivery, implementation and support of the dispatching and information systems for German gas transporters as well as the Gazprom control systems for gas transmission of Nord Stream and Blue Stream Pipeline in Russia. On the Arabian Peninsula, PSI has developed in cooperation with the Kuwait Oil Company the leak detection and location system for a total of 12 countrywide gas and condensate pipelines in Kuwait.

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