Dolphin
Energy selects SAP software to meet future financial and operations
management needs
Posted: 22 March 2004
Integrated business solution will be installed over two
years
Dolphin Energy Limited has selected the mySAP business suite to
handle the energy company’s rapidly expanding business and
operational requirements.
The implementation will enable Dolphin to integrate its Projects,
Corporate and Operations management into one central Enterprise
Resource Planning (ERP) Platform. This will ensure that the organization
efficiently coordinates such core business processes as financials,
human resources, supply chain management, product life management,
business intelligence and joint venture accounting and production
sharing accounting.
“We have selected mySAP because of its proven systems, its
regional record in the energy industry and a competitive price,”
said Dolphin Energy CEO, Ahmed Ali Al Sayegh.
“Our company is developing at great speed and we therefore
took the long-term strategic decision to invest in an ERP System,
which will help us grow effectively – and which is flexible
enough to grow with us.”
Dolphin will implement Phase One of the SAP installation by close
of 2004, when financial, procurement and material management for
Abu Dhabi and Doha operations will be activated. Phase Two starts
in 2005, covering Plant Operation in Ras Laffan and other requirements.
For SAP Arabia, Mr Essam Enany, President of SAP Arabia, commented:
“We are delighted to have been chosen by Dolphin Energy to
supply mySAP Business Suite. We are looking for a long-term partnership
where Dolphin will benefit from the collaborative business environment
of mySAP, plus our extensive experience in the Oil & Gas industry.”
He added, “SAP Arabia is committed to leveraging its extensive
vertical industry experience to assist companies in improving efficiencies,
increasing productivity and optimizing key business processes.”
Dolphin Energy Limited
Dolphin Energy Limited was created to develop substantial energy
projects throughout the GCC. Its objective is to create long-term
economic wealth and new business opportunities for GCC citizens,
far into the future.
Dolphin Energy’s major strategic initiative, the Dolphin
Project, involves the production and processing of natural gas from
Qatar’s North Field, and transportation of the dry gas by
pipeline to the UAE, beginning in 2006.
Dolphin Energy’s first energy initiative came on stream in
1st Quarter 2004.This pipeline supplies the power and desalination
plant on the UAE’s East Coast – initially with natural
gas from Oman, and subsequently with Dolphin gas from Qatar.
Dolphin Energy is owned 51 per cent by Mubadala Investment Company,
on behalf of the Government of Abu Dhabi – and 24.5 per cent
each by Total of France and Occidental Petroleum of the USA.
For more Information see www.dolphinenergy.com.
SAP Arabia
SAP Arabia is the exclusive regional distributor for SAP AG, Germany.
SAP AG is recognised as the leader in providing collaborative e-business
solutions for all types of industries for nearly three decades.
SAP Arabia, established in 1994 in Jeddah and Dubai, has been offering
SAP solutions in 19 countries in the Middle East and North Africa
including Bahrain, Egypt, Jordan, Kuwait, Saudi Arabia, Lebanon,
Morocco, Oman, Qatar and the United Arab Emirates. The market leader
in the region, SAP Arabia provides support and services covering
e-business, finance, logistics and human resources processes to
diverse companies in the Middle East, 25 per cent of which belong
to the oil and gas sector. SAP Arabia has offices and training facilities
in Jeddah, Dubai and Cairo dedicated to bringing support services
closer to customers and partners across the Middle East and North
Africa.
For more Information see www.saparabia.com
Posted by Richard Price,
Editor Pipeline Magazine
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