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.