Oil
and Gas Companies Tap Upstream Applications from SAP for Business
Success
Posted: 05 May 2004
Companies Including ONGC and Statoil Power Key Business
Processes with Industry-Tailored Software from SAP
SAP AG announced the continuing success of its upstream industry-specific
applications in the SAP for Oil & Gas industry solution portfolio.
These tailored applications are delivering significant benefits
to the industry’s major players including ONGC (India) and
Statoil (Norway). The announcement was made at the 8th Africa Oil
and Gas Trade and Finance Conference in Marrakech, Morocco.
In one of the largest ever SAP go-lives in Asia, Oil and Natural
Gas Corporation Limited (ONGC) has rolled out SAP for Oil &
Gas solutions at more than 100 operative locations across its Western
Offshore and Western Onshore operations in India.
Now serving more than 5,200 users, the integrated ERP suite provides
a single companywide platform to integrate and optimize all business
processes. Among the 22 SAP components now live at ONGC are the
upstream applications SAP Remote Logistics Management to support
the on-time supply of materials to remote offshore production locations
and SAP Production Sharing Accounting to facilitate contractor cost
calculation and cost recovery tracking.
“We chose SAP for its ability to cover our end-to-end business
process needs,” said Mr. A. Kaviraj, executive director, ONGC.
“With the SAP platform, all information on company activities
is available online 24/7 to support tactical and strategic decision-making
and all operations are tightly linked to increase productivity and
reduce costs. For our customers, this means better service; for
ONGC, it means a fundamental competitive advantage.”
Statoil, the leading producer of petroleum on the Norwegian continental
shelf and one of the major suppliers of natural gas for the European
market, was an early adopter of the SAP Joint Venture Accounting
solution. The solution provides Statoil with reliable, real-time
information on all of its venture activities.
“We have integrated and streamlined cash call and joint interest
billing processes which contribute directly to easier handling,
faster processing and collection of funds from Statoil’s venture
partners,” said Kjell Petter Gilje, SAP advisor, Statoil.
“Standard month-end joint venture processing enables Statoil
to achieve faster month-end closing, leading to faster financial
reporting at less cost.”
“SAP continues its strong commitment to supporting upstream
oil and gas operators by providing solutions which directly address
the key business processes in this capital-intensive industry,”
said Peter Maier, vice president, Chemicals, Oil & Gas and Mining,
SAP. “Combining SAP’s oil and gas business process expertise
with the best technology available, SAP for Oil & Gas provides
upstream operators the tools they need to improve visibility, integrate
processes and enable business agility across all areas of operations.”
About SAP for Oil & Gas
SAP for Oil & Gas is an industry-specific portfolio that combines
solutions from mySAP Business Suite with tailored functionality
to help oil and gas companies of all sizes in diverse business segments
across the globe lower costs, increase profitability and improved
competitiveness.
With 97 percent of Fortune 500 oil companies running SAP—more
than 500 customers in the industry worldwide, comprising more than
750,000 users—the SAP for Oil & Gas portfolio provides
end-to-end solutions for oil and natural gas covering upstream,
midstream, downstream and marketing processes from wellhead to retail
outlet.
Based on the open architecture of the SAP NetWeaver integration
and application platform, the SAP for Oil & Gas portfolio allows
companies to be globally integrated while remaining regionally focused
to forge stronger relationships with supply chain partners, improve
decision-making capabilities, and enhance organizational flexibility.
For more information see:
http://www.sap.com/solutions/industry/oil-gas
About SAP
SAP is the world’s leading provider of business software solutions.
SAP solutions are designed to meet the demands of companies of all
sizes—from small and midsize businesses to global enterprises.
Powered by the SAP NetWeaver open integration and application platform
to reduce complexity and total cost of ownership and empower business
change and innovation, mySAP Business Suite solutions are helping
enterprises around the world improve customer relationships, enhance
partner collaboration and create efficiencies across their supply
chains and business operations.
The unique core processes of various industries, from aerospace
to utilities, are supported by more than 25 industry-specific SAP
solution portfolios. Today, more than 22,600 customers in over 120
countries run more than 76,100 installations of SAP software.
With subsidiaries in more than 50 countries, the company is listed
on several exchanges, including the Frankfurt stock exchange and
NYSE.”
For more information see www.saparabia.com
Posted by Richard Price,
Editor Pipeline Magazine
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