Brentford, UK - October 1, 2009 – CTSpace, global provider of project document control and collaboration solutions for the design, engineering and construction of capital-intensive projects, today announced that GDF Suez E&P Ltd selected its solutions for its Cygnus project in the North Sea.

GDF SUEZ E&P UK Ltd is a wholly owned oil and gas exploration and production subsidiary of the GDF SUEZ Group, active in the UK. GDF SUEZ is one of the leading energy providers in the world and is active across the entire energy value chain, in electricity and natural gas, upstream to downstream.

One of the largest undeveloped gas finds in the Southern North Sea is the Cygnus field, located within UKCS Blocks 44/12a and 44/11a. Appraisal drilling was conducted in February 2009. A development plan for the first phase of the field was submitted and approved on Aug. 6, 2009 by the Department of Energy and Climate Change. The first phase of development will focus on the eastern part of the field, consisting of 16 production wells tied-back to six platforms. Cygnus is expected to come online in 2011.

GDF Suez E&P selected CTSpace software applications for project document control and collaboration with contractors for the initial design phase on this major North Sea gas field project.

 

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About CTSpace‘s Fusion solutions
CTSpace is unique in offering both online ‘software as a service’ (SaaS) solutions (FusionLive) and on premises enterprise solutions (FusionEnterprise).

FusionEnterprise® is a specialist Content Application for your Capital Projects and Operations that works hand-in-hand with your current ECM platform. It has been specifically designed to manage engineering documentation in the context of a construction project or operating plant or facility. It supplements an organization’s chosen ECM system (such as IBM FileNet®, EMC Documentum®, Microsoft SharePoint®, Oracle UCM®, or CTSpace’s Cimage®) with modules that optimize the business processes of an enterprise from top-to-bottom, from project management to workflow management. FusionEnterprise also provides a complete integration with CTSpace's dynamic Cloud-based Document Management & Project Collaboration solution FusionLive.

FusionLive® is a new Cloud-based Document Management & Project Collaboration solution, specifically designed for the construction and engineering industries. As a next-generation Software as a Service (SaaS) solution, FusionLive brings together advanced document management features from BuildOnline with the robust business processes of Citadon CW, while upgrading its user interface to the most state-of-the-art technology available today. It is hosted at several secure Data Centers around the world. It offers low cost of ownership and the system can be implemented within 24 hours. It takes literally minutes for any new organization to start collaborating on a project.

When integrated, CTSpace’s global solution provides a best practices environment that supports a project’s entire lifecycle: from design, through construction, and into operations and maintenance.

About CTSpace
CTSpace provides document control, cost management and business process automation solutions to companies with capital assets to design, engineer, construct and maintain in any location in the world. More than 145,000 professionals on 13,000 projects in 56 countries benefit through improved collaboration, enhanced ability to manage schedules and risks, and improved regulatory compliance. CTSpace is unique in offering both online ‘software as a service’ (SaaS) solutions and on premises enterprise solutions, the latter of which leverage an organization's existing investment in leading ECM platforms. CTSpace is part of the Group of companies. For more information, please visit www.sword-ctspace.com

About Group
Group (NYSE Euronext: FR0004180578 SWP) delivers high value business applications to the world’s largest companies globally. With operations in 37 countries, today employs around 1,700 people and generates more than $270m in consolidated revenue. An international leader in the delivery of Business Process Improvement solutions, Sword’s skills, infrastructure and experience help our customers across regulated industries optimize performance, increase efficiencies and maximize return on investment. With flexible delivery options, including On Demand and On Premises, combined with our extensive industry expertise, provides comprehensive support to customers across insurance & healthcare, energy, banking & finance, telecoms, utilities, engineering & construction and the public sector. For more information, please visit www.sword-group.com.

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Media contacts: Lydie Francart – Global Marketing Director, CTSpace
Tel: +33 (0)1 4467 2420 - lydie.francart(at)sword-ctspace.com