SAPESCO selects HCL Technologies for SAP roll out
HCL Technologies to deploy SAP for Egyptian oilfield services company
Egypt's Sahara Petroleum Services Company (SAPESCO), has signed an agreement with Indian technology services provider HCL Technologies for an SAP implementation project.
The project will bring the benefits of SAP ERP to the oilfield services company's operations in Egypt, Libya and Syria, with efficiencies in processes, standardized systems and controls, and enhanced business transparency.
SAPESCO will deploy a number of SAP modules including Financial Accounting, Management Accounting, Materials Management, Project Systems, Plant Maintenance, Sales, Human Capital Management, Document Management and SAP Business Warehouse for Analytics.
Hesham Fouad, CEO, SAPESCO commented: "Being a highly diversified Group, we have embarked on this project in order to have a seamless integration across all companies and points of presence for financial consolidation, better control and standardized Human Resource processes across the group. We chose HCL for this strategic project in recognition of its deep domain capabilities and intellectual properties around SAP in the Oil & Gas sector. We feel that this association with HCL will help us to realize our goal of being a world class refinery."
HCL will use the Rapid Deployment Toolkit (RDT) for the Oilfield Services Sector from its HCL Axon subsidiary, to speed deployment of the solution.
"The global Oil & Gas industry has unique challenges and business imperatives especially given the current macro-economic environment. We at HCL have deep experience addressing those challenges and have experience implementing cutting-edge SAP solutions to meet the unique business requirements of this space. We look forward to extending our expertise, thought leadership and the Rapid Deployment Toolkit (RDT) to enable SAPESCO gain competitive edge in its marketplace," said Kevin Graybill, global head, Oil & Gas Industry, HCL Axon.
Virender Aggarwal, senior vice president and head of APAC-MEA Markets, HCL Technologies, added: "Our strong SAP experience in the Oil & Gas sector, more specifically in the Oil Field Services played an important role in winning this engagement. We look forward to extending benefits like timely management reporting, increased operational efficiency and centralization of key organizational functions for SAPESCO."