Oil and gas services company Wood Group has established a new data analytics center of excellence at its office in Galway, Ireland.
The center, which is supported by the Department of Jobs, Enterprise & Innovation through IDA Ireland, broadens Wood Group’s capabilities in advanced data analytics to support the oil & gas, industrial, utility and power generation sectors, the company said on Thursday.
The Mayor of Galway City, Councillor Noel Larkin joined Wood Group’s CEO of Specialist Technical Solutions, Bob MacDonald , at an event marking the official launch of the center on Thursday.
The company explained that a key focus of the center will be the innovative application to the energy industry of data analytics technologies developed and deployed across other industries.
Wood Group is looking to grow the data analytics team to ten people by year end with the intention of developing further employment opportunities next year.
Bob MacDonald said: “Wood Group’s commitment is to providing innovative technical solutions that solve our client’s challenges. We recognize the power of data analytics to enable our energy industry clients to optimize their exploration and drilling activities, enhance efficiencies and maximize the productivity of their assets.
“This new center, made possible through the support of the IDA, greatly enhances our specialist technical capabilities, enabling us to handle large quantities of data effectively and embrace and explore new innovations and technologies for the oil & gas, industrial, utility and power sectors.”
Welcoming the Wood Group announcement, Minister Mary Mitchell O Connor TD said: “This company is at the cutting edge of providing services for the oil & gas, and power generation industries and will create further high skilled jobs in Galway.”