HOUSTON (Apr 30, 2009) - 8over8 Ltd, a leader in contract management solutions for the energy sector that maximizes and streamlines contractual relationships between business partners and manages the obligations of each party, has agreed to the terms of the OFS Portal network.

“Our members can now use 8over8 contract management solutions with confidence,� said William Le Sage, CEO of OFS Portal. “8over8 clients are consistently recognized for excellence in contract management. We are pleased that this company is now aligned with OFS Portal in committing to the best practices in eCommerce for the oil and gas industry.�

Since its launch in 2001 ProCon (8over8’s web-based contract management environment) has helped its customers and their suppliers transact and collaborate in accordance with the terms, obligations and standards defined in their contract, leaving all contract stakeholders in no doubt as to the correct procedures, standards and best practices that should be followed at any point in time or in any given situation.

“The ever-widening global ProCon user base, which includes many energy sector contractors, means that 8over8 has reached the stage whereby membership of the OFS Portal Network is an absolute requirement. Our commitment to following the best practices in eCommerce for the oil and gas industry gives our clients’ external contractors that additional confidence of security and integrity when using our solution,� said Gerry McGurgan, 8over8’s Commercial Director.

About ProCon:
ProCon is a highly flexible, web-based collaborative environment that enables contract stakeholders to work together to ensure that contracts perform as expected throughout their lifecycle, and the status of each reported in real-time to allow informed risk management and decision-making. ProCon can be configured to support a wide range of business processes whilst ensuring adhesion to an organisation’s best practice contracting procedures. More information about ProCon is available at www.8over8.com.

About 8over8:

• 8over8 Limited (www.8over8.com) supplies its ProCon contract management solution to many of the major oil and gas companies and major capital projects around the world including BP plc, Shell International Exploration & Production BV, BG Group plc, Nexen Inc., Husky Inc., ADCO, the Karachaganak project in Kazakhstan, the Nigerian OKLNG joint venture, Dragon LNG and Buzzard in the UK, TNK-BP in Moscow and numerous oil projects in the Middle East.
• 8over8 is headquartered in Derry, UK, with offices in London, Calgary and Muscat.
• 8over8 was included in the 2008 Deloitte Technology Fast 500 EMEA program which recognises the 500 technology companies that have achieved the fastest rates of annual revenue growth in Europe, the Middle East and Africa during the past five years.

About OFS Portal
Headquartered in Houston, OFS Portal, LLC (http://www.ofs-portal.com) is a member-based group of industry-leading global upstream oil and gas suppliers and service providers who is at the forefront of global eCommerce processes in the oilfield. OFS Portal works with global standards organizations to converge and develop open and non-proprietary eCommerce standards for use in the upstream oil and gas industry, and delivers cost-effective ways to make eCommerce a reality for both buyers and sellers. Electronic data is provided in standard format at no cost to OFS Portal members’ customers. OFS Portal operates with a non-profit objective.

OFS Portal’s members include: Baker Hughes, BJ Services, Cameron, FMC Technologies, Halliburton, M-I Swaco, Schlumberger Oilfield Services, Smith International, Trican Well Services, Vetco International Ltd., and Weatherford International. Membership is open to all oilfield suppliers with activities in the upstream oil and gas sector.

Media Contact - OFS Portal: Jennie Whitaker, +1 832-681-7345, jwhitaker@ofs-portal.com