Dave Wallis, PIDX Marketing Committee, US +1 (832) 681 7353 or UK +44 (0) 778 070 0782, dwallis@pidx.org; Bill Bush, API Media Relations, 202-682-8069, bushw@api.org
Houston, Texas, May 03, 2011 ― A new independent, industry managed, non-profit standards body – known as PIDX, Inc. – has been established to replace API’s Petroleum Industry Data Exchange (PIDX) Committee, which was created in 1987. The new non-profit will be committed to the development and maintenance of global eBusiness standards for the oil and natural gas industry.
PIDX, Inc. will house the intellectual property, resources, and documentation formerly managed by the API PIDX Committee. The new organization will be overseen by a new industry board of directors, made up of senior leaders from the oil companies, its suppliers and technology support companies, who will provide overall strategic leadership to the PIDX executive team. This team is essentially the same dedicated men and women who led API’s PIDX Committee.
Ms. Lynn Chou, a PIDX, Inc. board member and Chevron downstream CIO, said, "API has been very helpful and dedicated to make this transition successful. Both API and PIDX welcome this unique opportunity to assist the industry to be more effective through the use of eBusiness standards."
"Throughout 2010, API management and the current PIDX executive committee worked closely to manage the transition of API’s PIDX organisation from API to this new non-profit entity in an orderly fashion," said David Miller, API’s standards director. "PIDX is in very capable hands and the industry looks forward to its continued global work."
"The new PIDX will very much focus on the global needs of our industry from Kuwait City to Houston and from Sao Paulo to Beijing," said Ms. Christina De Luca, a PIDX, Inc. board member and BP vice president of procurement R & M. "You will see PIDX branded under the name of PIDX INTERNATIONAL, as a commitment to our global reach," said Ms. De Luca.
For more than two decades, PIDX volunteers have developed and maintained standards as needed by the industry and its constantly evolving technologies and processes. PIDX has held meetings in the United States, Europe, the Middle East and South America, and for the last eight years has been exclusively supported by member hosted meetings.
"The PIDX membership thanks API for its stewardship over the last 20+ years and we look forward to an exciting new future developing global eBusiness standards that are needed in our industry," said PIDX, Inc. president Tony Aming, who is also Baker Hughes’ business process instrumentation and supplier eProcurement manager, enterprise applications.
About API
API represents more than 470 oil and natural gas companies, leaders of a technology-driven industry that supplies most of America’s energy, supports more than 9.2 million U.S. jobs and 7.7 percent of the U.S. economy, delivers more than $85 million in revenue daily to our government, and, since 2000, has invested over $2 trillion in U.S. capital projects to advance all forms of energy, including alternatives.
About PIDX Inc.
PIDX Inc is the newly formed oil and gas industry managed non-profit standards body for eBusiness in the global oil and gas industry. PIDX International’s mission is to provide a global forum for delivering and maintaining the process, information and technology standards that facilitate seamless, efficient electronic business within the oil and natural gas industry and its eBusiness community.