11.9.2025 11:00:01 CEST | Cyviz | Non-regulatory press releases
Cyviz announces the signing of a USD 900,000 (approx. 9MNOK) contract with Oil
and Natural Gas Corporation (ONGC), India's largest crude oil and natural gas
company and a Fortune Global 500 organization.
The agreement covers ONGC's Real-Time Drilling Operations Center (RTDOC) at the
Institute of Drilling Technology (IDT), located at ONGC's headquarters in
Dehradun, India.
ONGC is responsible for more than 70% of India's domestic oil and gas
production, making this a highly strategic project for Cyviz and marking the
company's first entry into the Indian oil and gas sector.
Cyviz has a proven track record delivering advanced collaboration technology and
platforms for the energy sector, supporting mission-critical operations and
driving digital transformation for some of the world's leading energy companies.
This new project will extend that expertise to ONGC by creating a command and
control environment to support real-time drilling operations across their
assets.
"This agreement is a significant milestone for Cyviz as we enter one of the
world's most important energy markets," said Espen Gylvik, CEO of Cyviz. "Our
collaboration platform enables ONGC to drive operational excellence and
innovation at scale."
The project is scheduled for completion by December 31, 2025.
CONTACTS
* Espen Gylvik, CEO, Cyviz AS, +4791330644, espen.gylvik@cyviz.com
* Karl Peter Gombrii, CFO, Cyviz, (+47) 92822969, karl.gombrii@cyviz.com
* Meylin S. Loo, PR & Commununications Manager, Cyviz AS, 45865411,
meylin.loo@cyviz.com
ABOUT CYVIZ
About Cyviz
Cyviz is a global technology provider for comprehensive conference and control
rooms as well as command and experience centers. Since 1998, we have created
next level collaboration spaces, assuring inclusive meeting experiences for in
person and remote attendance.
Cyviz serves global enterprises and governments with the highest requirements
for usability, security, decision making and quality. The cross-platform
experience Cyviz delivers to manage and control systems and resources across the
enterprise, makes Cyviz the preferred choice for customers with complex needs.
Find out more on www.cyviz.com - http://www.cyviz.com or visit one of our Cyviz
Experience Centers in Atlanta, Benelux, Dubai, Houston, Jakarta, London, Oslo,
Paris, Riyadh, Singapore, Stavanger, or Washington DC.
Cyviz is listed on Euronext Growth at the Oslo Stock Exchange (ticker: CYVIZ).