Oil and Gas

Oil and Gas

Why do more than 160 E&P companies and 9 of the top 10 oilfield services companies run Oracle applications?

Only Oracle provides the technology & applications that power the “Digital Oilfield.” Only Oracle allows oil companies a comprehensive, integrated view of operations, using a data management & business intelligence solution for the E&P business. Coupled with Oracle’s world-class solutions for asset management, project management, talent management, financial, supply chain, and field service offerings.

The impact of aging infrastructure in process manufacturing industries:

Process manufacturing companies in the oil and gas, utilities, chemicals and natural resource industries rely on proprietary infrastructure to run their operations. Much of this infrastructure is rapidly aging, thus increasing the risk of failure. Subsequent disruptions hamstring operations and impede opportunities for growth, with the impact of these interruptions felt worldwide. As a result, executives in these industries must make tough decisions about where, when and how much to invest in infrastructure upgrades. To control the rising costs and risks related to their infrastructure, many executives advocate a proactive approach to infrastructure upgrades and investment in innovative technologies as the best way forward. Such approaches, they say, will help them get ahead of breakdowns, improve safety and manage their resources more effectively. This paper, based on a survey of more than 350 global executives in the oil and gas, utilities, chemicals and natural resource industries, explores how aging infrastructure has affected operations in those sectors and the strategies executives are employing to overcome problems.

7 Steps to Improve Oil & Gas Asset Decommissioning:

Global competition and volatile markets are creating a challenging business climate for project based firms which leave them with little room for error when managing projects. Oil & Gas companies have their own individual challenges when it comes to managing their asset’s lifecycles, but one area that is often overlooked or pushed off until the last minute is the decommissioning phase of their assets. The key to decommissioning is delivering projects and milestones on time and within budget. Those companies looking to improve the retirement phase of their asset’s lifecycle should follow this checklist.

Squeezing the Green: How to Cut Petroleum Downstream Costs and Optimize Processing Efficiencies with Enterprise Project Portfolio Management Solutions:

As the downstream petroleum industry grapples with change in every sector and at every level, including an expanding regulatory oversight infrastructure, cost savings and operating efficiencies have become more important than ever. In the end, it’s all about smartly using an approach, such as EPPM solutions from Oracle, to help companies reduce costs at the project, portfolio, and enterprise levels through the project lifecycle. The downstream companies that are able to implement the best approach to managing risk to their operations in the most cost – effective way will be the ones to best weather another tumultuous decade to come for the oil and gas industry.

Asset Decommissioning in Oil & Gas: Transforming Business

Asset intensive organizations like Oil and Gas have their own industry specific challenges when it comes to managing their asset’s lifecycles. One area that is often overlooked or pushed off until the last minute is the decommissioning phase of their assets. Leaders in the industry turn to three areas to transform their business-Risk and Financial Management, Operational Excellence, and Innovation.

Transforming the Oil and Gas Industry with EPPM

With budgets in the billions, timelines spanning years, and life cycles extending over decades, oil and gas projects present enormous management challenges for the organizations sponsoring them. Oracle helps oil and gas companies rise to these challenges – and reap the corresponding rewards – by providing an enterprise project portfolio management (EPPM) solution that gives them visibility into and control over every aspect of their operations.

Changing the name in Oil and Gas

With one of the largest portfolios of software solutions, Oracle is enabling the oil and gas industry to provide energy to the world in a safe and cost-effective manner.

Oracle Solutions Portfolio

Integrated Operations – Aggregate and manage massive amounts of structured and unstructured data.

Uncover predictive patterns and root causes and apply predictive and prescriptive analytics in real time.

  • Oracle Big Data Appliance
  • Oracle Exadata Database Machine
  • Oracle Coherence In-Memory Data Grid
  • Oracle GoldenGate
  • Oracle Data Integration
  • Oracle Event Processing
  • Oracle Endeca Information Discovery
  • Oracle Advanced Analytics
  • Oracle Business Intelligence Foundation
  • Oracle R Enterprise

Asset Lifecycle Management – Optimize asset performance, from planning to retirement.

Optimize strategic financial planning, capital portfolio planning, and operational planning.

Strategic Planning – Effectively manage resources, costs, and risks at the same time.

Integrate strategic financial plans, capital portfolio planning, and operational planning to enable the end-to-end strategic planning process.

  • Enterprise Performance Management Platform Solutions
  • Oracle Demantra Demand Management
  • Strategic Network Optimization
  • Crystal Ball
  • Portfolio Management

Asset Maintenance and Reliability – Optimize asset productivity and reduce downtime.

Optimize asset operations, maximizing production and safety while reducing costs and risks.

  • Primavera Analytics
  • Primavera Unifier
  • Enterprise Asset Management
  • Oracle Business Intelligence Foundation Suite
  • Oracle Enterprise Performance Management
  • Oracle Endeca Information Discovery
  • Oracle Manufacturing Operations Center
  • Oracle Manufacturing Analytics

Capital Project Management – Improve on-time and on-budget completion of capital projects.

Integrate project, resource, contract, cost, and content management with workflow management and project insights.

  • Primavera P6 Enterprise Project Portfolio Management
  • Primavera Analytics
  • Primavera Unifier
  • Oracle Enterprise Performance Management
  • Oracle Endeca Information Discovery
  • Financial Control and Reporting
  • Oracle Fusion Middleware

Asset-Driven Supply Chain – Optimize planning and execution of capital projects.

Deliver resource optimization, risk mitigation, cost containment, supply chain planning, scenario planning, and logistics with one solution.

  • Asset Tracking
  • Advanced Supply Chain Planning
  • Primavera P6 Enterprise Project Portfolio Management
  • Primavera Analytics
  • Primavera Unifier
  • Inventory Management
  • Global Trade Management
  • Transportation Management
  • Strategic Network Optimization
  • Oracle Business Intelligence Foundation Suite
  • Oracle Enterprise Performance Management
  • Oracle Endeca Information Discovery
  • Financial Control and Reporting
  • Oracle Fusion Middleware

CX Solutions for Oil and Gas – Deliver personalized customer experiences.

Oracle’s comprehensive approach drives connected interactions, actionable insights, and optimized operations across the customer lifecycle.

  • Marketing
  • Sales
  • Service
  • Commerce
  • Social
  • CPQ

Financial Management and Control – Save time and money and improve reliability.

Oracle’s fully automated solutions support financial control and reporting, from creating and managing transactions to consolidating and reporting results. Built-in best practices provide strong internal controls, save time and money, and deliver more accurate data.

  • Financial Control and Reporting
  • Financial Analytics
  • Governance, Risk and Compliance

Human Resources and Talent Management – Create a great employee experience.

Develop an HR strategy that creates value by serving the company’s customers and the bottom line.

  • Global HR
  • Talent Management
  • Workforce Rewards
  • Workforce Management
  • Social