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S&P Global Partner RMG to Handover US$1.2m Petroleum Software Licenses to KNUST

Kumasi, May 12, 2023 –

The Kwame Nkrumah University of Science and Technology (KNUST) has recently received the network licenses of six software packages – Kingdom Geoscience Bundle, Harmony Enterprise, Piper, WellTest, SubPump, and PERFORM; a development which is expected to further bridge the gap between industry and academia. These software licenses, estimated to be worth US$1.2 million, were presented by S&P Global, a leading intelligence service provider, in partnership with Reservoir Management Group (RMG) Limited, a provider of petroleum geosciences and reservoir engineering services.

The implementation of these cutting-edge engineering and geoscience software will enable researchers and students at KNUST to conduct more complex analyses and simulations, leading to accurate and groundbreaking discoveries within the academic setting and better preparing them for the job market. To ensure the successful installation and usability of the software, the management team from RMG, along with their partners from S&P Global, paid a visit to the university, where they engaged in discussions with the Provost of the College of Engineering and the Vice-Chancellor of KNUST.

Also, Professor George Yaw Obeng, representing the Provost of the College of Engineering, commended RMG and S&P Global for their generous contribution, noting that it aligns with KNUST’s mission. He highlighted the importance of modern software tools for training students, conducting research, and engaging with communities to effectively transfer knowledge and contribute to national development. “This is a very good gift and it is consistent with the mission of KNUST. We require modern tools in software for training students. Also, for our research and engaging with communities because the knowledge we generate from the research is the knowledge we transfer to the community in order to engage the community effectively and build the nation. So, this software are very key for both faculty research as well as the students’ training,” he noted.

Prof. Emmanuel Donkor, Head of Petroleum Engineering at KNUST, highlighted the significant impact of the licenses on the academic work of students, providing them with the necessary skills for the industry. He explained that the validated licenses would allow for unrestricted usage, enabling academic work and research to be published without any hindrances.

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