RIB has signed a Phase II contract with one of the largest global oil and gas EPC companies with corporate headquarters in Houston, Texas USA.

With the implementation of iTWO, the EPC firm will deliver enhanced construction service offerings which will not only improve productivity and profitability, but also have a significant impact on the energy industry. Based on the agreement, RIB will be working as a technology partner to further develop the future IT standard in the Oil and Gas EPC sector.

“RIB is excited about this important Phase II strategic partnership. RIB is known as the leading provider of advanced IT solutions, and this agreement further exemplifies our commitment of running together to collaborate with companies that share our vision of the iTWO big data end-to-end solution for the construction industry.” said Thomas Wolf, Chairman and CEO of RIB Software AG.”

“We are very proud of our strong reputation and thrilled to be working on this exciting undertaking. This partnership underscores the benefit of iTWO’s already unmatched technology and illustrates that with declining oil prices, now is the time to implement more efficient processes and technology that minimize organizational tools and encourage new ways of thinking and working together”, said RIB Americas CTO Mickey A. Carr. “Following our highly successful introduction of iTWO in the American market, this agreement represents the 4th License agreement with a leading American based company in the last 4 months.”