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EPCI Contractors - The Technical Perspective — PDF-file (153 KB)

EPCI Contractors - The CFO Perspective — PDF-file (104 KB)

Project Unique Product Structure — PDF-file (276 KB)

Engineering Register — PDF-file (152 KB)

NORSOK Base Configuration — PDF-file (139 KB)

Component Specification — PDF-file (108 KB)

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Home > Industries > Oil & Gas > Engineering Contracting - EPCI Contractors

EPCI Contractors

IFS Applications offers the Oil & Gas industry an integrated business solution for efficient handling of EPCI contracts. With the project lifecycle in focus, from design and procurement to mechanical completion and commissioning (MCC), IFS Applications for EPCI Contractors helps you to increase visibility and manage your projects. IFS’ technology for collaborative solutions and data exchange lets you expand your processes into your extended network of subcontractors, partners and customers.

Standard Industry Solution Based on Modern Tools

IFS Applications for EPCI Contractors provides you with unique project, engineering, procurement and construction support within the same standard system.

Key Functions

  • Integrated project management with project overview, project planning and control, project cost control and connections to relevant project activities/job settings/material  
  • Hierarchical work breakdown structures (WBS) easy to reuse between projects  
  • Seamless integration between project and financials with project structures, time schedules, resource budgets and project budgets support the establishment of the basis for project control (CTRsheets).  
  • Revenue recognition based on the guiding principles from IFRS and US GAAP  
  • Multidiscipline engineering repository, for process, electrical, instrumentation, and AEC/piping engineering with built-in document management  
  • NORSOK standard fast-track configuration  
  • Integrated Engineering and Procurement provides an efficient process allowing postponed purchase commitments, as well as improving price and delivery terms  
  • Supports material, inventory and supplier catalogues to secure the material management with efficient calculation of material take off (MTO) and job settings based on availability of documents, resources and material  
  • Secured deliveries with mechanical completion and commissioning (MCC) test procedures  

Customer Successes

APL

Doosan Babcock

Hamworthy

Bergen Group Rosenberg

Rotary Engineering Pte Ltd

View More


Engineering Contracting Solution Map

Click on the image to see the map and the full extent of the solutions coverage.

Heerema Fabrication Group (HFG), which specializes in engineering and fabrication projects for the global offshore oil and gas industry, has selected IFS Applications

“We selected IFS from over 25 enterprise software suppliers because of IFS Applications’ superior functionality and IFS’ wide experience in our industry, which is very project-oriented. We are confident that the agility in the component-based EPCI solution will support our business to grow further,” said Wim Korndorffer, CIO, Heerema Group.

Norwegian engineering contractor Grenland Group selects IFS business software

“The growth of our business was placing increasing pressures on the existing legacy environment. IFS stood out as being the best fit for our business.”, said Hallgeir Skogen, CEO, Grenland Group.



Contact IFS now

To discuss your individual requirements and discover how IFS’ in-depth industry experience can help you to become more efficient simply fill in the enclosed form.

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