The FINANCIAL — Accenture announced plans with SAP AG to deliver joint new offerings, based on the SAP HANA platform, called “Upstream Production Operations,” to help oil and gas companies improve and standardize processes, replace legacy tools, provide a single view of production across the organization, minimize uncertainty and improve the management of production, according to Accenture.
Extending the existing relationship between the two companies and expanding their portfolio of hydrocarbon management solutions, “Upstream Production Operations by Accenture and SAP” will consist of solutions, services and training for energy companies’ production operations.
As part of the program, Accenture and SAP will provide an end-to-end solution – from the well head to the invoice –which will include key processes such as production forecasting, field data capture, production accounting and deferment management. Using SAP’s leading software platform as the backbone, Accenture will provide consulting, systems integration and outsourcing services, according to Accenture.
“Building on our existing success with SAP, these new upstream production operations solutions are designed to fill a significant void in today’s upstream market,” said Jean-Marc Ollagnier, group chief executive of Accenture’s Resources operating group. “Our goal is to help our clients focus on improving their operations from the initial phase of production to the point of sales by optimizing energy companies’ investment in upstream assets,” he added.
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