LOGIC is a subsidiary of Oil & Gas UK that operates with the aim to increase the efficiency of working practices in the United Kingdom Continental Shelf (known as the UKCS).
LOGIC came to Oxford Web Applications with a requirement to move their current offline based Master Deed transaction process online.
As a legal transaction, LOGIC advised us that the current offline process for transferring UKCS Assets was extensive and involved multiple documents that could need signatures from a number of participants.
What we did
After reviewing the requirements of the UKCS Asset Transfer process, Oxford Web Applications created a secure web application for LOGIC to manage and instruct the transfer of UKCS Asset Transactions.
The web application allows LOGIC to manage the full transaction process and for the transaction to be carried out fully online without the need for offline paperwork.