Technical innovation tops agenda for oil and gas CIOs

The latest IT developments can improve business processes for Middle East oil and gas producers and providers whilst at the same time reducing operational costs.

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By  Sarah Gain Published  June 2, 2005

Technology is revolutionising how the oil and gas sector operates and solutions that can improve seismic exploration; capturing huge amounts of data to improve the efficiency of oil extraction are proving extremely beneficial to the industry. Streamlining the downstream commercial activities of shipping, distribution and retail of petro-chemically derived products & energy utilities is also key priority for the industry’s CIOs. Reinforcing the strength of its oil and gas solution portfolio, Sun Microsystems’s collaborative work with ERP giant SAP and global network provider Siemens is paving the way for further innovations in the energy field. “What CEOs need is a powerful tool that offers them a complete overview of their real time business. Our research with Sun and SAP has resulted in a graphical management desktop solution for the energy industry which provides management information through interfacing to other IT applications. This has been proven to result in better decision making as the lead time for report production drops from weeks to literally daily updates,” says Leigh Hunt, Europe, Middle East and Africa operations director at Siemens I&S IT Services. Sun’s own work in the oil and gas sector has enabled the vendor to cultivate long-term relationships with the foremost companies in the Middle East and its java platform provides energy producers with an open, secure, flexible, scalable, and manageable framework. Energy companies including Saudi Aramco, and the Abu Dhabi Company for Onshore Oil Operations all rely on such solutions to meet their technology needs. Throughout the world, there is a downward pressure to reduce costs throughout the cycle of oil production, with solutions that enable companies within the energy sector to work more profitably. “By working with SAP and Siemens, we are designing a next-generation services-oriented architecture that is highly scalable, secure and cost-effective to deploy at onshore and offshore locations,” claims Nick Weston, oil and gas worldwide marketing manager for Sun Microsystems.

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