By sheer nature of the products dealt with by this industry, the industry shows wide-scale variations in business requirements in upstream, midstream and downstream segments. Some of the top challenges the industry faces include:

  • Enterprise manufacturing solution specially designed for process industry.
  • Price volatility leading to extreme pressures on profitability.
  • Stringent norms for compliance to environmental, health, safety and securities regulations.
  • Collaboration with trading partners.
  • Optimal utilization of assets in proactive manner.
  • Managing engineering change process.
  • Control projects to meet delivery targets.
  • Integration with diverse sources of exploration information to manage risks.
  • Manage oil well profitability and lifecycle.
  • Manage complex plant turnarounds and maximize profitability.

Reaching new levels of business efficiency

The oil and gas industry is responsible for a broad spectrum of cutting-edge technology for finding and producing petroleum reserves. Yet back-office processes typically operate on more mature systems. Genuine IT combines end-to-end IT services, industry-proven oil and gas solutions and upstream expertise to help organizations create agile and cost-effective infrastructures that reduce costs and reach new levels of efficiency. Through an accountable and flexible approach, Genuine IT also manages back-office functions on oil and gas client's behalf, allowing organizations to fully focus on reaching new frontiers. 

Genuine IT Expertise

Genuine IT has been reckoned as a Global Systems integrator providing practical ERP solutions by exploiting the latest technologies to prepare our "Real Estate & Infrastructure Clients" for the future.

GenuineIT Experience and Expertise

  • Vast pool of professionals providing solutions and services to the Oil & Gas industry.
  • Industry-proven solutions in production accounting, financial accounting, production management, land administration and marketing.
  • Specialized services for royalty trusts to help synchronize the vital processes related to land management, production, marketing and financial accounting.
  • Environmental solutions in employee health and safety, product stewardship, incident management and regulatory compliance, including REACH.
  • Genuine IT has domain and sub-domain specific professionals who can bring measurable value in the following areas:
  • Robust product footprint providing functionalities for upstream, midstream and downstream Oil & Gas.
  • Powerful project costing and project accounting solution to manage complex projects.
  • World class HCM and knowledge management tools for every layer of workmen.
  • Flexible services procurement wit robust collaboration and sourcing capabilities.
  • Condition based maintenance for transforming reactive maintenance strategies to proactive strategies.
  • Zero latency, real- time collaboration for advanced planning solutions enabling planning for all horizons.
  • Functionalities for modelling and managing complex process flows in manufacturing.