Preem AB, Sweden’s largest oil company, will implement Allegro Development Corp.’s Allegro 8 platform to manage its oil supply, trading, refining, logistics, sales, and marketing operations.

Preem AB, Sweden’s largest oil company, will implement Allegro Development Corp.’s Allegro 8 platform to manage its oil supply, trading, refining, logistics, sales, and marketing operations.

Allegro Development, a provider of energy trading and risk management (ETRM) systems, has released Credit Connect 8.1, a new component of the Allegro 8 platform that provides real-time access to credit and financial data, including credit ratings, company financials, credit metrics, market implied ratings, credit default swap pricing, and other key credit data for portfolio analysis.

Allegro Development, a provider of energy trading and risk management (ETRM) systems, has released Credit Connect 8.1, a new component of the Allegro 8 platform that provides real-time access to credit and financial data, including credit ratings, company financials, credit metrics, market implied ratings, credit default swap pricing, and other key credit data for portfolio analysis.

Quorum Business Solutions In has received capital investments from The Carlyle Group and Riverstone Holdings LLC.

The founder of Seismic Micro-Technology (SMT), Dr. Tom Smith, has started a new company, Geophysical Insights, to tackle fundamental geophysical problems and develop advanced technology for interpretation of seismic data.

TJ Westerhaus has joined web-enabled database solution land management system iLandman as vice president of sales.

The Information Store (iStore) has launched Digital Oilfield Express (DOX), a service for independent oil and gas producers delivered online through a subscription price model and built on Microsoft Windows Azure cloud computing platform.

Hyperdynamics Corp. (NYSE Amex: HDY) has contracted PGS Geophysical to process the data from the 3D seismic survey to be conducted over its offshore block in the Republic of Guinea. PGS was also awarded the contract for the acquisition phase of the 3,675 square kilometer survey, expected to be completed this month.

Cincinnati Bell Inc. has completed its acquisition of data center operator CyrusOne from private equity investment firm ABRY Partners in a $525 million cash transaction. CyrusOne is the largest data center colocation company in Texas.