Tuesday, September 29, 2009

FPSO Contractor BW Offshore selects IFS project-based solutions

BW Offshore, one of the world's leading oil and gas FPSO contractors (Floating Production, Storage and Offloading) has selected IFS to provide business application solutions. BW Offshore acquired Advanced Production and Loading AS (APL) in 2007, a market leader in the development, fabrication and sale of turret mooring systems and related technologies for the oil and gas industry. APL has been an IFS customer since 2004, and BW Offshore aims to facilitate the merger and streamline the companies’ business processes by standardizing on IFS Applications.

BW Offshore will implement the IFS project-based business applications to support its major business processes, including project management, material management, human resources, financials and after-sales. The objective is to have an integrated solution, covering all aspects of its business and improving project performance through increased control over the five key success factors for project-based companies; risk, cost, cash, time and resources. The add-on implementations have started in Brazil, and the next step is to continue with the Oslo office, and have the whole group consolidated on IFS Applications during Q2 2010.

BW Offshore SVP Corporate IT & Systems Fritz Ekløff said, “We chose to standardize on IFS Applications based on IFS’ focus and knowledge from project-based industries, the rich project functionality of IFS Applications and its global consulting reach. We share the view on how to apply a standard business application solution in a project environment.”  

BW Offshore’s customers include major national oil companies such as Statoil, Petrobas and PEMEX as well as major contractors/shipowners such as Aker-Solutions, PGS and Teekay.

IFS has a strategic focus on the suppliers to the oil & gas and maritime industries, with more than 400 project-driven customers. Customers include Heerema Fabrication Group, Grenland Group, Hertel, Babcock Marine, Serimax, SMIT, Harland and Wolff, ShawCore, Dresser-Rand, Yantai Raffles, STX Europe, Advanced Production & Loading (APL), Sørco, Bergen Group Rosenberg, Hamworthy Gas Systems, RR Offshore, Rotary Engineering, and Shedden Uhde.

About IFS

IFS is a public company (OMX STO: IFS) founded in 1983 that develops, supplies, and implements IFS Applications™, a fully-integrated, component-based extended ERP suite built on SOA technology. The company has more than 2,000 customers in more than 50 countries and focuses on seven main industries: aerospace & defense, utilities & telecom, manufacturing, process industries, automotive, retail & wholesale distribution, and construction contracting & service management. IFS has 2,700 employees and net revenue in 2008 was SKr 2.5 billion.

Contact Information

Vice President Corporate Communications Oliver Pilgerstorfer

Phone: +44 1494 428900

Contact Oliver Pilgerstorfer