Companies in the oil and gas industry must invest heavily in further exploration, production, and refining, yet they face growing challenges. The recent past has seen historic revenue and profit growth at the major oil and gas companies, but they now face an unprecedented economic backdrop. With decreased global demand and a precipitous drop in oil prices, operations and balance sheets are under stress. IFS and Oracle are addressing these challenges through their solutions, enabling project leaders to successfully manage risk, even in this volatile climate. These solutions can help companies identify the best strategies for pursuing existing projects and the mostpromising future projects for investment.

In this whitepaper, we’ll discuss the market trends affecting vendors to the oil and gas industry, how these trends are affecting operations and specific ways that enterprise technology can automate the best practices that will ensure success.

If your organization depends on the reliability of its plant and equipment, IFS' enterprise asset management (EAM) solution can help you improve the bottom line. By providing accurate, real-time information about your assets, the IFS solution helps you avoid equipment downtime, extend asset life, reduce service and repair costs, and maximize return on assets.

IFS Applications delivers comprehensive information management support for Total Lifecycle Management in nuclear, fossil, and hydroelectric power generation stations. The software suite offers the capabilities to support all phases of a station lifecycle and associated requirements. (Formally referred to as plant design.)

Global energy demand is growing rapidly. According to the International Energy Agency, demand will increase by 4,700 GWe within the next 25 years. Learn how IFS is a major global supplier of business applications to the energy and utility industry

GIS, SCADA and EAM/CMMS can be brought together through Network Asset Management (NAM). Learn how NAM can help utility companies reduce operation and maintenance costs through higher mobile crew utilization and power data engineering costs, increased network reliability and data access and through higher asset utilization and more effective replacement strategies.

Select the right software for asset information management (AIM) by understanding the data lifecycle and key functionality to watch for.

What software do some of the largest power companies in the world use to run for ERP and asset management? Find out why these companies rely on IFS Applications.

In this whitepaper, we'll examine the different enterprise agility barriers reported by study respondents and discuss how energy industry executives can select software for enhanced enterprise agility and change readiness.

Design, Operate, Maintain (DOM) – key concepts in asset management and maintenance, repair and operation. Utility facility designers and those who operate and maintain those facilities need to work together closely to improve plant efficiency and business profitability over time.

The world’s largest hydroelectric facility – Three Gorges Dam -- operates with less than a tenth of the anticipated staffing level – thanks to IFS Applications. What efficiencies are possible for you?

PAS 55 compliance is a priority for electric generation utilities. How can you use enterprise software technology to achieve the management techniques in this specification?

ERP/EAM usability is a challenge for the electric energy industry according to a study conducted for IFS North America. This paper outlines study results and offers advice for selecting ERP and EAM for maximum usability. ERP and EAM with enhanced usability increases productivity and system usage, maximizing value realized.

Renewable power companies and their suppliers worldwide use IFS Applications for enterprise resource planning and enterprise asset management. Should you?

Statnett achieves operational excellence in maintenance, HR and materials management with IFS Applications enterprise resource planning and enterprise asset management.