ERP and EAM for the Oil and Gas Industry

IFS is the number one enterprise asset management (EAM) software company serving the oil and gas industry, and many of the leading  offshore  drilling contractors worldwide rely on IFS Applications. IFS offers an integrated software suite for offshore drilling contractors, which includes comprehensive EAM and reliability centered maintenance (RCM) with support for ISO 14224, offshore and onshore logistics and global finance that supports rig movement and tax optimization. All in a mobile rig environment.  IFS Applications delivers all of this, including:

  • Full asset lifecycle management PAS 55, ISO 14224 and ISO 55000, NORSOK, DNV GL class compliance.
  • Onshore-offshore data replication for real time asset visibility.
  • Compliance for IFRS, US GAAP, SOX, Nota Fiscal Documents for Brazil and inventory optimization given tax schema across multiple geographies.
  • Support for rig movements and movement of specific parts and subcomponents between rigs and between rigs and the yard.

BW Offshore Relies on IFS Applications for Offshore Operations

Fritz Ekløff, SVP Corporate IT & Systems, BW Offshore selecting IFS as an ERP vendor. BW Offshore is a leading global provider of floating production services to the oil and gas industry.

BW Offshore Manages Operations with IFS Applications (Part 1)

Rig operations and maintenance, whether it is carried out by an owner/operator or oil field service provider, requires robust enterprise asset management (EAM), project management and field service management. IFS Applications delivers it all.

You live or die by your assets… the capital equipment you deploy on site or operate offshore. Only IFS Applications is proven worldwide across the entire lifecycle of assets and projects in your market. IFS is the number one enterprise asset management (EAM) software provider to the oil and gas industry according to ARC Advisory Group.


Oil field equipment operates in a complex and demanding environment, and a standard computerized maintenance system won’t do the job. You need a specialized enterprise asset management (EAM) system like IFS Applications.


To ensure optimum cost and delivery-time management, large service contracts are typically executed as projects. In IFS Project Management, designated project activities, executed within a collaborative network, are the basis for the planning and scheduling of work elements, including equipment and personnel. Configurable operations planning boards allow visual monitoring and tracking of progress, costs and on-going changes. Project engineers need only a moment to see where they’re at.


Major offshore drilling companies are adopting IFS Applications for enterprise asset management (EAM). With native offshore data replication, NORSOK compliance and integrated document management and engineering register, nobody helps you with asset integrity management like IFS!

IFS Applications for Oil Field Service

IFS Applications for Oil Field Service companies is an industry solution that includes top-rated offerings for project management, material management/logistics, maintenance planning, work/service order management, resource allocation, document management, financial and performance measurement, as well as human resources.

IFS Applications brings customer- and field-service facing applications together as a stand-alone solution; integrated with existing corporate enterprise systems; or as part of a more comprehensive IFS Applications deployment.

The services management solution supports contracts, including service-level agreements, revaluation and pro-rata calculations. Team planning, competence management, time-and-attendance tracking and work-load analysis are included.

Mobility solutions include complete job reporting and job creation from the field. Integrated document management functionality allows secure collaboration with colleagues, customers, suppliers and partners. The right information is available to the right people at the right time, enabling better decisions and faster response.

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Maersk Drilling

“We are seeking ways to increase efficiency, improve quality and reduce operational cost, and with IFS Applications, we are set to use ERP as one of the enablers striving for operational excellence.” 

Jesper K Hansen, CIO,
Maersk Drilling

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ERP Selection for Offshore Drilling

In the offshore drilling sector, the top priority remains managing rigs for maximum uptime. It means best-in-class enterprise asset management (EAM) functionality as an integrated part of the ERP solution becomes a business-critical need.

Download Whitepaper


What Enterprise Asset Management (EAM) software features play a role in software project ROI for offshore drilling contractors? In this whitepaper, we draw on our experiences with the offshore drilling industry across the world and address ROI through cost and risk reduction and regulatory and standards compliance.