BW Offshore

by   |    |   2 minutes  |  in Business Agility, Oil & Gas

“Operating billion-dollar projects with 100 percent up-time requires that we have all the available information in our systems,” says Knut Sæthre, CFO at BW Offshore, in a new IFS case study. “It’s what our clients are paying us for.” BW Offshore is a leading global provider of floating production services to the oil and gas…

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by   |    |   2 minutes  |  in Oil & Gas

The oil and gas industry is affected by operational and regulatory processes that are far more complex than in most other industries. A fluctuating oil price puts further pressure on infrastructure; a declining market requires streamlined work processes whereas a market on the rise calls for speedy scale-up possibilities. More than a year back, prior…

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by   |    |   3 minutes  |  in Oil & Gas

Efficiency measures and cost control are both very hot topics in today’s oil and gas markets. Projects are being scrutinized harder and harder across all parts of the industry value chain. Weak participants are being forced out or acquired. The smart ones are adapting and will eventually cope even in a lower margin territory. As…

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Oil well

by   |    |   2 minutes  |  in Oil & Gas

Falling oil prices have dominated the headlines over the past six months. Whilst consumers might be celebrating at the pump when filling up their cars, the impact within the industry, and implicitly across the wider economy, has been vast – companies are cutting projects and, sadly, individuals are losing jobs. In its Budget announcement today,…

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by   |    |   3 minutes  |  in Oil & Gas

Sitting at breakfast with some drilling veterans at the IADC Annual Meeting in New Orleans in November, I witnessed a strong willingness, almost an eagerness, to attack the coming downturn head on. There were a lot of jokes around the table. “If you haven’t been around long enough to experience a downturn you haven’t lived…

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by   |    |   3 minutes  |  in Asset Intensive, Automotive, Manufacturing, Oil & Gas, Process Manufacturing

Data collected from production and better collaboration between the various parts of an organization can lead to fewer disruptions, increased utilization of manufacturing resources and more efficient planning. So says one of the founders of IFS, Ulf Stern, in an article published in Sweden’s Dagens Industri journal in November. What he was saying was that…

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by   |    |   1 minute  |  in Oil & Gas

When it comes to the end user, they don’t care if it’s IFS, SAP, Maximo or Oracle. They care about the service, and the experience with the application. These are not my words but the words of Seadrill, a leading offshore deepwater drilling company, and one of our longest-standing customers in the drilling industry. This…

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