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London, February 25 2002 - Projectplace Ltd, the leading internet business
service provider for project collaboration in Europe, today announced that
Enterprise Oil, one of the world's leading independent oil and gas
exploration company, has chosen to use the project collaboration service to
enhance communications efficiency between equity partners across a series of
global projects.



Enterprise Oil reassessed their collaboration requirements when the
incumbent tool became unable to cope with the increased demands upon it.
Enterprise needed a new tool which allowed documents to be stored in a
central location, whilst being accessible by project members instantly and
from anywhere in the world. Projectplace provided the solution.



John Keeble, Head of Knowledge Management Worldwide at Enterprise Oil
comments, "Collaborative working is a crucial feature of the oil and gas
industry. It is paramount that our teams are able to exchange information
flexibly and effectively in order to ensure projects and tasks meet
deadlines. Projectplace not only provided us with this facility, but also
allowed us to conduct our working practices with the utmost security by
allowing only invited parties into the virtual workspace."



John continues, "A core element of our business is the responsibility to
provide our partners with visibility on all aspects of a project, from
budgets and operational strategy through to daily messaging. Projectplace
makes this all possible. It is vital for project members to be confident
that the documents they are viewing, are the most recent and up-to-date
versions - saving time in administration and inaccuracies during the
project. I am confident our partners will reap the benefits of this
collaborative technology."



"Projectplace provides greater continuity and efficiency towards all areas
of project management. Organisations globally, especially in the oil and gas
arena, are embracing web-based solutions in order to achieve effective
communications which are cost-efficient and time-saving," said Dak
Liyanearachchi, Managing Director of Projectplace Ltd. "With this new
addition to our customer portfolio we are taking the lead in providing
collaborative services to this market sector."



The business concept of Projectplace is to provide a global pay-per-use
web-based application service for professional project collaboration.
Projectplace enables team members to share document and files, schedule
meetings, carry out project scheduling with to-do items and time charts,
hold online discussions etc. The service makes it possible to create
virtual teams, communicate securely independent of geographic distance and
also enables the project member to constantly be updated of what is
happening in the project.



About Projectplace.


Projectplace is a fast-growing ASP founded in Sweden in 1998. The business
idea is to develop and operate specialised web services that enable people
involved in projects to collaborate and communicate efficiently and
effectively. A Project Place is a secure area on the Internet with numerous
services and features for project collaboration and communication gathered
in one place. It only takes a minute to set up a functional Project Place,
and this is available 24/7 to project members. Projectplace has more than
82,000 users in 42 countries.



For more information visit: http://www.projectplace.co.uk



About Enterprise oil.


Enterprise Oil was formed in 1983 from assets concentrated in the UK North
Sea where the group is now one of the largest producers of hydrocarbons.
Enterprise is the operator of the Nelson, Pierce and Cook fields and has
interests in a further 20 fields in the UK. Total daily UK production
averaged 164,907 barrels of oil equivalent per day in 2000. The group also
has significant interests in Ireland, Norway, Italy, the US Gulf of Mexico
and Brazil.



For more information visit: http://www.entoil.co.uk


Press contacts:




Projectplace Ltd Contacts:

Dak Liyanearachchi, Managing Director,
Tel: 01895 876 122
E-mail: dak@projectplace.co.uk


éclat Marketing Contacts:

Nicola Alvey/Linsey White
Tel: 0118 989 5600
E-mail: Nicola@eclat.co.uk
Linsey@eclat.co.uk

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