Oil & Gas: End-to-end project and asset lifecycle management

Achieve exceptional asset visibility from the field to the office, even in the world’s most extreme operational environments

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IFS Cloud Enterprise Asset Management (EAM) enables O&G companies to support all stages of asset and project lifecycles, from planning to implementation, through to decommissioning. Along with safety and environmental considerations, O&G organizations rely on IFS to help minimize disruptions while optimizing productivity.

This executive summary covers the three stages of successful asset lifecycle management:
  • Planning to define areas of improvement—with measurable success metrics—that support the goals of the business.
  • Implementing with a real-time view on performance, with anomalies quickly detected and flagged for immediate intervention, while predictive maintenance and scheduling capabilities eliminate unplanned downtime.
  • Decommissioning (off-boarding, transferring equipment and assets that are no longer needed, etc.) with detailed digital records of associated asset costing and performance data to expedite transfers.
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