PRZOOM - /newswire/ -
Basra, Iraq, 2013/12/05 - MiX Telematics, a leading global provider of fleet and mobile asset management solutions delivered as software-as-a-service (SaaS), and channel partner FMSi are participating in the 4th Basra International Oil & Gas Conference & Exhibition 2013. NYSE: MIXT; JSE: MIX
The event is the largest oil and gas show in Iraq and runs 5 to 8 December at the Basra International Fair Ground.
According to latest statistics published by the Basra International Oil & Gas Conference & Exhibition 2013, Iraq’s proven oil reserves are in the region of 143 billion barrels, the third largest in the world. Proven reserves are found in 79 fields (70 oil and 9 gas fields), of which only 23 are producing. Additionally, probable reserves are estimated to the order of 214 billion barrels. These figures on the oil and gas industry in Iraq demonstrate the huge opportunities available in this market for experienced providers like MiX Telematics.
“Our presence at the show will highlight the importance of fleet management solutions for oil and gas companies that aim to boost fleet efficiencies and improve driver safety. For example, a large oil and gas customer of ours in the Middle East achieved a 72% sustained improvement in driver behaviour only six weeks after installing a MiX Telematics fleet management solution. The same customer achieved a 15% reduction in fuel costs within 12 months,” says Alan Hall, Managing Director of MiX Telematics (Middle East and Australasia).
“The event offers an ideal platform to demonstrate how we help operators to further cut costs and reduce risks through world-class solutions by MiX Telematics. We will be targeting decision makers who will be attending the most influential gathering of oil and gas professionals in Iraq,” says Dr Waseem Atiah, General Manager of FMSi.
MiX Telematics’ tried and tested fleet management solutions are sold in 112 countries through an extensive channel partner network.
Oil and gas customers in the Middle East and GCC rely on MiX Telematics’ In-Vehicle Monitoring System, their online information and tracking portal as well as their reporting and analytics tools to manage their drivers and vehicles. The solutions enable them to improve overall productivity, bring about significant cost reductions, boost driver safety and lessen environmental impact.
“Key cost reductions reported by our customers pertain to lowered fuel consumption up to 15% savings on fuel costs and savings in operational and maintenance costs,” emphasises Hall.
MiX Telematics has worked within the oil and gas industry for over a decade. Customers in the industry include JX Nippon Oil & Gas Exploration (Qatar), Qatar Shell, Schlumberger, and Baker Hughes.
At the show, MiX Telematics and FMSi can be visited at Stand A33 at the Basra International Fair Ground in Basra, Iraq.
About MiX Telematics
MiX Telematics is a leading global provider of fleet and mobile asset management solutions delivered as SaaS to customers in 112 countries. The company’s products and services provide enterprise fleets, small fleets and consumers with solutions for safety, efficiency and security. MiX Telematics was founded in 1996 and has offices in South Africa, the United Kingdom, the United States, Uganda, Brazil, Australia and the United Arab Emirates as well as a network of more than 130 fleet partners world-wide. MiX Telematics shares are publicly traded on the Johannesburg Stock Exchange (JSE: MIX) and on the New York Stock Exchange (NYSE: MIXT).
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