Oil and Gas

Oil and Gas

Sector characteristics

Project-oriented
Need to define AFE (Authorization for Expenditure) and Venture set up
Need to record time at a low level of analytical detail
Need for close time and cost management by project manager
Need for comparison of actual time against budgeted time
Need employee and project expense tracking
Need to invoice cross charges between the company and joint venture.

Customers

Addax
Afren
BNK Petroleum
Dana Petroleum
E.ON Ruhrgas
ENI
Enquest
Gazprom
JKX Oil and Gas
KBC – Oil Technology consultants
Lekoil
Lundin
Northern Petroleum
OMV
Oryx
Regal Petroleum
Seplat Petroleum
West Africa Ventures
Whessoe (case study)

Sector challenges

Project Overrun
Poor staff planning

systems@work Benefits

Enables time to be planned/budgeted
Captures actual time against many customizable analytical dimensions
Enables analysis by project, task, activity, employee, role, grade, etc.
Can manage staff availability and planning
Integrates with Microsoft Project
Assists in the preparation of cost allocation ratios and management reports for internal and joint-venture reporting requirements