Cyviz AS

Cyviz Secures Significant Contract with ONGC in India

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, [email protected]

* Karl Peter Gombrii, CFO, Cyviz, (+47) 92822969, [email protected]

* Meylin S. Loo, PR & Commununications Manager, Cyviz AS, 45865411,

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).

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