Oil and Gas

We have extensive knowledge and a deep understanding of the oil and gas industry. Our flexible, project- and asset-oriented solutions are digitally driven so that your organization can easily manage its entire contract, project, asset and service lifecycles.

READ: Manage Oil and Gas Assets

Digital Transformation and the Oil and Gas Industry

IFS is independently recognized as a leading, global supplier of enterprise oil and gas software for enterprise resource planning (ERP) and enterprise asset management (EAM), too, which is why more than 400 project- and asset-oriented companies are using IFS Applications to run their businesses today. According to ARC Advisory Group, IFS Applications is the number one EAM solution for the oil and gas industry and is the solution of choice for engineering, procurement, construction and installation (EPCI) contractors, drilling contractors, oilfield machinery and offshore service companies globally.

OIL FIELD EQUIPMENT SUPPLIERS

IFS offers an integrated, standard solution for discrete manufacturers of equipment and systems, including mixed-mode manufacturing. Oil & gas industry suppliers may need to handle both project-driven, engineer-to-order (ETO) processes and product lines in parallel with other production modes, including configure-to-order, make-to-order, assemble-to-order or repetitive.

IFS Applications supports your ETO processes with a unique project-oriented solution that includes integrated project-planning and product-data management—as well as project-based manufacturing and purchasing—with project-driven-based material planning as a supplement to material resource planning (MRP).

Project management functionality captures all relevant related activities, including purchases, costs, production, documentation and shipments. Further, integration with financials highlights performance issues immediately, to allow managers to adapt as conditions change.

Comprehensive product data management and real two-way CAD integrations gives you the single source of truth needed in tiered supply chains in which participants specify any of several CAD environments, including lightweight collaborative formats.

BUSINESS PROCESSES

ENGINEERING

PROCUREMENT

CONSTRUCTION

INSTALLATION

COMMISSIONING

APPLICATION SOLUTIONS

Operational Intelligence
Contract Management

Sales & Sub Contract, Revision Control, Payment Applications, Service Contract, Variations Order, Certificates, Estimating, Retentions, Work Instructions, Scope, Valuations

Project Management

WBS, Project Budget & Forecast, ETC/EAC, Risk Management, Change Management, Reporting, Gantt

Engineering

Multi Discipline Engineering Register, NORSOK / ISO Base Config, AIIM Client

Material Management

Material Catalogs MTO, RFQ Purchasing, Project MRP

Construction

Job Setting (Work / Shop Order)
BOM / Availability
Welding / QA

installation/comm.

MC / Commissioning
Documentation
Schemas & Reports

Human Resources

Competence, Employee, Availability, Certificates Training, Recruitment, Travel, Time & Attendance

Supply Chain

Procurement, Hire-in/Hire-out, Certificates, Project Inventory, Shipment, Traceability

Finance management

General Accounting, Common Business Model, Drill Down Project Accounting, Revenue Recognition

Business Intelligence

Document Management

Collaboration with Suppliers and Customers

Connect / Data Migration / Web Services

Process Modeling / Best Practice

Eco-Footprint Management

Additional Oil and Gas solutions offerred by IFS:

  • ENTERPRISE SOFTWARE FOR OILFIELD SERVICE COMPANIES
  • OFFSHORE DRILLING CONTRACTORS
  • OFFSHORE OPERATIONS & MARINE SERVICES
  • EPCI CONTRACTORS
  • OFFSHORE SERVICE
  • OILFIELD PIPELINE MANAGEMENT
  • ONSHORE OILFIELD SERVICE PROVIDERS
  • IFS APPLICATIONS REFINES PROCESSES AT INTERWELL

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