Oil & Gas

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.

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. GSK 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, GSK also manages back-office functions on oil and gas client’s behalf, allowing organizations to fully focus on reaching new frontiers.

Experience

  • 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.

Domain Expertise

  • 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.