Oil Gas and Energy
SAP Oil Gas and Energy
is helping companies to optimize production, streamline operations, and improve customer satisfaction. Oil and gas have been the world’s premier fuel sources for over a hundred years, powering vehicles, heating homes, and generating electricity. The challenge is that oil and gas are non-renewable resources. As global demand for these fuels increases, so does the pressure on the limited oil and gas supplies.
SAP Oil Gas and Energy
is helping companies to optimize production, streamline operations, and improve customer satisfaction. Oil and gas have been the world’s premier fuel sources for over a hundred years, powering vehicles, heating homes, and generating electricity. The challenge is that oil and gas are non-renewable resources. As global demand for these fuels increases, so does the pressure on the limited oil and gas supplies.
Companies must sustainably manage these resources with the world moving toward digitalization, globalization, and innovation. Oil and gas industry organization One way is to improve the efficiency of the oil and gas industry. To stay at the forefront of competition, oil, gas, and energy companies must comply with environmental regulations and reduce their carbon footprint, to sustain their businesses for the long run. SAP Oil Gas and Energy enables an intelligent, sustainable enterprise in the industry.
Key capabilities of SAP Oil Gas and Energy include:
- Includes control design and engineering, new product/services development, portfolio and project management, resource planning and scheduling, and operations cost/milestone transparency.
- Includes field logistics collaboration tools, integrated production management, and revenue management.
- Includes commercial sales and marketing, commodity procurement, sales, and risk management, processing visibility, integrated real-time trading and scheduling, and secondary distribution automation.
- Includes physical asset management, operational risk mitigation, materials management, workforce management, and asset performance management.
SAP Road Map for Oil, Gas, and Energy includes:
- Current release highlights: Project management suite, integrated revenue accounting, mobile UI with real-time data access, and intelligent asset management.
- Upcoming innovations: Cloud-based project management, interactive UI for supply chain management, asset monitoring with detailed sensor data
- Future Plans: Intelligent project management, advanced structures to support contract, cost, and revenue elements, end-to-end process for asset management
SAP software solutions to meet your needs include SAP S/4HANA Cloud, SAP Integrated Business Planning for Supply Chain, SAP BTP, SAP Analytics Cloud, and SAP Cloud for Sustainable Enterprises.
Key Considerations for SAP organizations:
How the Motor Oil Group adopted a transformative technology culture and partnered with SAP to become an integrated energy conglomerate. Review the case study about how one of the largest European energy companies that supply major industrial and commercial customers leveraged SAP solutions to infuse their traditional oil and gas business with transformative digital capabilities.
Leverage SAP Oil Gas and Energy solutions to address gaps across baseline industry workflows. Oil, gas, and energy companies can benefit from integrated workflows limiting disparate IT systems. These disparate systems can impact visibility and reduce efficiency across core business processes, such as trading energy inventory. This article shows how SAP solutions helped an energy company provide more efficient trading and scheduling, translating multiple business outcomes, including margin improvements.
Explore cloud-based solutions to help fast-track opportunities for Oil, Gas, and Energy industry innovation.Read insights from this blog on how the Motor Oil Group implemented SAP HANA Cloud with SAP Analytics Cloud to help improve refinery downtime. Here we see the importance of conducting a pilot project first, allowing organizations to save time and resources in the long run.
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