IFS business software for Oil and Gas

IFS is the undisputed market leader of providing business software to the oil field service industry, working with more than 400 project or/and asset driven Oil and Gas Companies.

IFS provides software solutions for the followings segments:

  • Offshore Mobile Assets - drilling contractors, FPSO operators or other vessel owners.
  • EPC or Service Providers
  • Project Based Manufacturers

IFS software offers a comprehensive enterprise-wide business support for sales and contract management, engineering, project management, document management, asset and service management, supply chain, subcontracting - including finance, and human capital management for Oil and Gas companies onshore and offshore.

IFS’s inbuilt data replication capability ensures that any disconnected offshore operations are supported to ensure transparency and visibility.

Emerging technologies such as big data, internet of things (IoT), augmented reality, digital twins present new opportunities to optimise offshore operations, connect with HQ and provide total visibility. The key to realising the value they offer is the ability to identify where exactly to deploy them and how quickly and smoothly they can integrate with existing business processes.

IFS supports both the onshore and the offshore business of international companies. Our experience and implementation methodology delivers customers faster time to business value.

To get the maximum business value form offshore assets requires integrated visibility of a globally distributed fleet and a complex multi-company structure in a single user interface to ensure user satisfaction, traceability and visibility.

IFS offers support for:

  • an enterprise-wide solution delivering the ability to optimise a global financial organisation and complex multi-company structure
  • project manage asset conversions and efficient asset performance management through-life
  • global supply chain optimisation
  • a future-proof platform to build a digital business that drives real value from emerging technologies

BW Offshore is using IFS Applications for global finance, supply chain, projects, maintenance, inventory, human resource management  and document management. The solution supports replications between onshore and offshore vessels. Specific functionality for multi currency and compliance for Brazil are also part of the solution. Over the years, BW Offshore have been able to take into use more solutions in the ERP system such as maintenance on the vessels and the document management component. Taking advantage of as much functionality in IFS Applications 10 as possible enables BW Offshore to cut IT costs and increase efficiency.

Contractors require a modern, proven project-driven business solution for efficient handling of new build, modification and service contracts.

For offshore service providers installing, maintaining or renting out equipment, the ability to manage people, materials, tools and assets in one project solution is key to success.

An integrated solution for projects, assets and service helps EPCs and service providers increase visibility, improve project control and better margins.

Read how Apply Sørco made a strategic decision to invest in IFS Applications for EPCI Contractors. The standard, integrated solution supports the company’s entire value chain from early-phase engineering to commissioning.

Systems and equipment, essential to functioning of the oil and gas industry, needs to be constructed, or assembled and delivered on time and on budget. The potential upside of a through-life asset or service support contract is huge.

Companies that manufacture capital equipment for the oil and gas industry can rely on IFS software for powerful functionality for engineer-to-order (ETO) manufacturing, project management, and aftermarket service management.

Interwell is renowned for operating in some of the world’s most inhospitable environments. In 2016, after having grown to become a successful and highly sophisticated business in the oil and gas industry, Interwell turned to IFS to help streamline its business processes and deliver greater agility to its fragmented IT landscape.

Hear Interwell’s story to learn more about the company’s experience and the benefits brought by IFS Applications.

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Borr Drilling deploys IFS Applications in record time

Best-practice industry solution from IFS implemented onshore and across seven oil rigs in six months.

Read the press release

Global Mobile Oil & Gas Assets

Leading global enterprises that own and operate large mobile assets in the oil and gas industry can increase profitability by improving efficiency, taking control of project risks and optimizing global operations both onshore and offshore.

Download the whitepaper