Companies in the oil and gas industry must invest heavily in further exploration, production, and refining, yet they face growing challenges. The recent past has seen historic revenue and profit growth at the major oil and gas companies, but they now face an unprecedented economic backdrop. With decreased global demand and a precipitous drop in oil prices, operations and balance sheets are under stress. IFS and Oracle are addressing these challenges through their solutions, enabling project leaders to successfully manage risk, even in this volatile climate. These solutions can help companies identify the best strategies for pursuing existing projects and the mostpromising future projects for investment.

If your organization depends on the reliability of its plant and equipment, IFS' enterprise asset management (EAM) solution can help you improve the bottom line. By providing accurate, real-time information about your assets, the IFS solution helps you avoid equipment downtime, extend asset life, reduce service and repair costs, and maximize return on assets.

In this whitepaper, we’ll discuss the market trends affecting vendors to the oil and gas industry, how these trends are affecting operations and specific ways that enterprise technology can automate the best practices that will ensure success.

GIS, SCADA and EAM/CMMS can be brought together through Network Asset Management (NAM). Learn how NAM can help utility companies reduce operation and maintenance costs through higher mobile crew utilization and power data engineering costs, increased network reliability and data access and through higher asset utilization and more effective replacement strategies.

Select the right software for asset information management (AIM) by understanding the data lifecycle and key functionality to watch for.

What software do some of the largest power companies in the world use to run for ERP and asset management? Find out why these companies rely on IFS Applications.

In this whitepaper, we'll examine the different enterprise agility barriers reported by study respondents and discuss how energy industry executives can select software for enhanced enterprise agility and change readiness.

The world’s largest hydroelectric facility – Three Gorges Dam -- operates with less than a tenth of the anticipated staffing level – thanks to IFS Applications. What efficiencies are possible for you?

Design, Operate, Maintain (DOM) – key concepts in asset management and maintenance, repair and operation. Utility facility designers and those who operate and maintain those facilities need to work together closely to improve plant efficiency and business profitability over time.

PAS 55 compliance is a priority for electric generation utilities. How can you use enterprise software technology to achieve the management techniques in this specification?

Renewable power companies and their suppliers worldwide use IFS Applications for enterprise resource planning and enterprise asset management. Should you?

ERP/EAM usability is a challenge for the electric energy industry according to a study conducted for IFS North America. This paper outlines study results and offers advice for selecting ERP and EAM for maximum usability. ERP and EAM with enhanced usability increases productivity and system usage, maximizing value realized.

Statnett achieves operational excellence in maintenance, HR and materials management with IFS Applications enterprise resource planning and enterprise asset management.

Global energy demand is growing rapidly. According to the International Energy Agency, demand will increase by 4,700 GWe within the next 25 years. Learn how IFS is a major global supplier of business applications to the energy and utility industry

IFS Applications delivers comprehensive information management support for Total Lifecycle Management in nuclear, fossil, and hydroelectric power generation stations. The software suite offers the capabilities to support all phases of a station lifecycle and associated requirements. (Formally referred to as plant design.)

How Engineer, Procure, Construct, Install (EPCI, EPC) can identify technology designed to manage risk across design, fabrication and construction activities.

Design, Operate, Maintain (DOM) – key concepts in asset management and maintenance, repair and operation. Utility facility designers and those who operate and maintain those facilities need to work together closely to improve plant efficiency and business profitability over time.

IFS offers a proven, integrated business solution for efficient handling of the business processes for an EPCI contractor. With the project lifecycle in focus, IFS Applications provides support for project and contract management, engineering, procurement, material management, fabrication, installation, after sales, finance and human resources, all within the same business application. During the lifecycle of a project the CFO and the financial department will typically be more involved in areas such as project control, project accounting, risk minimization and performance management.

In an attempt to better understand the importance of information-system applications use in the energy industry, global enterprise-applications company IFS commissioned a survey on unified management of project asset-life-cycles to evaluate energy companies’ current integrated information systems capabilities in the upstream, midstream and downstream sectors, as well as that of service providers. Read the article entitled - Survey: Energy Companies and Their Service Providers Can Still Improve In Information Systems Management ‘Best Practices’ featured in Oil and Gas Investor.   

IFS offers a proven, integrated business solution for efficient handling of the business processes for an EPCI contractor. With the project lifecycle in focus, IFS Applications provides support for project and contract management, engineering, procurement, material management, fabrication, installation, after sales, finance and human resources, all within the same business application. During the lifecycle of a project the CFO and the financial department will typically be more involved in areas such as project control, project accounting, risk minimization and performance management.

Enterprise asset management (EAM) software is a mission-critical tool for asset-intensive industry. These tips from some of the world’s most prominent EAM experts will help you select the right EAM solution. The importance of usability, the ability to manage outside contractors and other important considerations are covered here.

Agility Group is a full-service engineering, procurement and construction company targeting the global oil & gas and process industries.   Apart from the competitive advantages that come with increased control, there are operational benefits such as a fifty percent reduction in time spent on reporting and a decrease in administration.

Heerema designs, constructs, transports, installs and removes offshore facilities for the global oil & gas and energy industry. Benefits from IFS Applications include 100% coverage of functional needs and wants, Project management support for EPC projects, Integrated procedures, Financial transparency, and Integration with Weld-Eye software.

In early 2012, a study was conducted among manufacturing executives and professionals of middle-large manufacturers to better understand the role EAM/CMMS solutions play today.

This whitepaper offers tips on selecting ERP software for the mining industry. Most ERP products came from repetitive manufacturing and lack the powerful asset management and project management functionality mining companies require. Learn how you can you select ERP that can handle the entire mining project and asset lifecycle.

Learn how any enterprise suite will pay for itself faster if you follow a handful of best Total Cost of Ownership practices.

Colfax Corp Industrial Manufacturing - Colfax Corporation is a world leader in the development, engineering, manufacturing, distribution, service and support of pumping and fluid handling systems. Specializing in positive displacement and centrifugal technologies, the company now owns product lines that target a wide range of industries including power generation, oil & gas, commercial and navy marine and industrial applications

Flexpipe Systems Inc., of Calgary, Alberta, manufactures and sells proprietary non-metallic, corrosion-resistant pipeline products and crimped steel fittings primarily for oil and natural gas producers. After a thorough comparison and selection process, Flexpipe Systems chose to migrate from its existing enterprise resource planning (ERP) solution to Shawcor’s instance of IFS Applications.

Houston-based TH Hill provides engineering, quality, risk management and technical consultation services to the oil and gas industry. The company audits and reports on the preparation, assembly, and operation of client drilling installations. Find out how TH Hill uses IFS Metrix Service Management to streamline customer service and travel accounting.

In early 2012, a study was conducted among manufacturing executives and professionals of middle-large manufacturers to better understand the role EAM/CMMS solutions play today.

In this whitepaper, we’ll discuss the market trends affecting vendors to the oil and gas industry, how these trends are affecting operations and specific ways that enterprise technology can automate the best practices that will ensure success.