Oil and Gas Trends and challenges 1. Offset impact of decreasing prices by enabling higher efficiencies Lower prices of crude oil are increasing the pressure on operators and oil field service companies to enhance operational efficiencies, improve capital allocation and reduce exploration risk. Read more Upstream workflows and process optimization Infosys Consulting leverages upstream process frameworks combined with our project management methodology to improve visibility into real-time operations. Real-time information and collaboration for prompt decision-making help clients run lean and safe operations while reducing their carbon footprint. Upstream data and information management We help clients build end-to-end data management and analytics capabilities that unlock the value of data, increase the accuracy and predictability of simulations through near real-time data analytics and reduce cost across exploration, drilling and production operations. Real-time drilling data and process improvement Infosys Consulting offers solutions and services for real-time drilling operations management to help oil and gas companies drill safe, reliable and efficient wells. We leverage robust methodology, technical expertise and custom analytical tools and algorithms to help clients make informed decisions in well planning, drilling and completion activities at real-time operations centres (RTOC) and oil rigs. Infosys Consulting also implements workflows related to wireline and drilling services including signal processing, embedded systems, time-to-depth conversion, data visualization, and calibration. Production surveillance, accounting and optimization We assist upstream enterprises to integrate customized toolkits with third-party modelling applications and create tailor-made solutions for production optimization. We develop ‘seed models,’ troubleshoot third-party asset modelling software and create applications to track and report asset performance. Our model maintenance approach ensures integrity within simulation results. We also provide online optimization and operational support by automating workflows and integrating asset models with data historians, supervisory control and data acquisition (SCADA) applications and surveillance systems. Manage upstream assets to increase operational efficiency We leverage strategic solutions that allow oilfield services companies and hydrocarbon distributors to maximize returns from their assets. We enhance the maturity of asset management processes and improve operational efficiency through process harmonization and seamless collaboration across enterprise functions including sales, design and manufacturing. Hydrocarbon planning and capital project portfolio management We help oil and gas enterprises capture near real-time data for exploration, production and distribution operations. A unified source of auditable data reduces the cost of data management and facilitates introduction of new assets. Further, reliable production reports help professionals make informed decisions in production planning, asset utilization and financial management. 2. Penetrate new markets seamlessly to increase business growth With increased production and lower prices per oil barrel, companies need to enhance market access and reduce cost per trade within compliance-driven energy markets. Read more Enhance efficiency for traders and trading operations and improve margins Infosys Consulting helps clients within the oil and gas industry to align energy trading processes with business goals through physical delivery and financial settlement contracts. Our rich experience in power, oil, gas, and nuclear and renewable energy accelerates trade execution and mitigates operational and regulatory risks. We enable energy traders to make superior risk-adjusted trading decisions by harmonizing systems, processes and data. We also help traders select and implement trading platforms that address tactical needs, minimize license costs, provide scalability, and improve margins. Trading office in a box We help clients deploy integrated solutions that standardize and accelerate implementation of new trading offices across the globe. We leverage a consolidated toolkit with business requirements, design patterns, solution bundles, and standard project design and testing deliverables, thereby reducing the time required to set-up a new office by 60%. Our services include developing business cases, facilitating workshops to define global and multi-discipline options and creating a framework for business analysis and project deployment tools. 3. Drive supply chain visibility and optimize asset management to lower costs To improve margins in midstream and downstream operations, enterprises need to enhance supply chain visibility, increase market flexibility, manage escalating asset lifecycle cost, and optimize supply chain assets. Further, they need to maximize reliability and performance while accommodating strict regulatory controls. Read more Optimize asset scheduling and operations Infosys Consulting leverages in-depth experience to implement state-of-the-art asset scheduling solutions. These help clients benefit from higher revenue by maximizing asset utilization within the production chain and improving organizational responsiveness to operational environment changes that require rescheduling. Manage integrity of midstream assets We help clients assess the lifecycle and mechanical integrity of compressor stations, pump stations and associated storage facilities. Our services enable clients to adhere to best practices, budget constraints and safety standards by enabling appropriate asset downtime and managing static equipment and internal and external corrosion within pipelines. Optimize logistics and supply chains for crude oil and other products Our experts help oil companies streamline and optimize their supply chain across diverse and scattered assets and regions, thereby enabling order consolidation, minimizing inventory turnaround and reducing costs. We also deliver supplier rationalization, restructuring contracts and performance measurement as well as strategies for transportation, logistics and sourcing of high-cost categories. Enhance visibility of refinery crude oil supply We provide a framework for refineries to integrate and optimize processes for visibility into crude and product movements, inventories and spot/contract purchases. Our solution helps clients to dynamically adapt to customer demand through real-time monitoring and event management. We enable coordination of shipments with various carriers (ship, pipeline and land-based) and drive trades to ensure product availability along with ‘what-if’ scenario planning capability to project the impact of changing market conditions. 4. Changing regulatory environments and lack of skilled workforce require new training models HSE and regulatory compliance require strong awareness programs. Oil and gas enterprises need to leverage innovative ways to train employees on these initiatives along with attracting and retaining personnel to address the shortage of skilled professionals. Read more Drive HSE and regulatory compliance using gamification Infosys Consulting utilizes an enterprise gamification platform to create awareness and encourage employees to share information regarding HSE. We help clients identify the set of HSE processes and applications to gamify, establish metrics and define and configure user behavior (such as rewarding positive behavior). Our gamification and reporting engine allows clients to consume and display service output such as awarding points and badges, view leader boards and monitor performance and engagement. Learning management and license-to-work authorization We help clients devise a talent and learning strategy to meet business requirements through our advisory and assessment services. Our end-to-end platforms for knowledge and learning management systems are designed to meet all workforce training requirements. 5. Leverage analytics, mobile, cloud, and industrial internet to become a digital enterprise Mobile technology can help oil and gas companies reduce cycle time with real-time data capture and work management, facilitate improved flow of information and deliver improved customer service. However, enabling enterprise mobility requires strategic business transformation, flexible architecture and robust security solutions. Read more Industrial internet strategy and analytics transformation Infosys Consulting helps clients in the oil and gas industry to identify and leverage the connected network of sensors and Internet of Things (IoT), thereby driving value and reducing cost. Equipment sensor data, predictive analytics and decision trees can be leveraged to identify potential failures, track maintenance requirements and transform work processes. We combine asset-based predictive maintenance solutions with the offering of multi-asset Big Data architecture that can easily be incorporated into existing Big Data management systems. Mobility-driven operations transformation Our value-based approach leverages enterprise mobility platforms to create and implement mobile-driven business processes and models, helping business processes and enterprise applications to collaborate effectively. We also assist clients in developing and sustaining mobile governance frameworks across platforms. Enterprise content management We help clients build a strategy and roadmap to define customer-specific sustainability goals that ensure employee safety, asset security and environmental protection. We enable this through suitable global data/document management strategies for the implementation and governance of standards that meet national and global compliance and procurement regulations. Digital security for the digital oil and gas enterprise Infosys Consulting develops a range of digital security strategy and solutions to protect data and intellectual property from cyber threats arising from digital and cloud-based business models. We also provide advice to clients on topics such as fighting malware, ensuring security of mobile and cloud infrastructure and handling privacy issues. 6. Digital transformation and bi-modal operating models can align information technology (IT) and assets with business goals To stay competitive, oil and gas companies need flexible models that leverage mature technologies to drive autonomy, efficiency, control, and incremental improvements. Owing to growing IT asset portfolios and mergers and acquisitions (M&As), these businesses struggle with duplicate systems, redundant functionalities, different versions of the system in different geographies, etc., leading to increased operational costs that do not align with business goals. They need cloud-based solutions that deliver greater processing power, storage capabilities, bandwidth, security and on-demand offerings. Read more Ambidextrous IT operating model design Infosys Consulting leverages a custom framework that can be tailored to individual organizations and business strategies to help senior management determine whether their operating model is simple, effective and supports the company’s goals. We also help clients identify the operational design criteria to ensure the successful implementation of corporate strategy through IT. Simplification, cost and asset optimization We assist oil and gas companies in taking stock of their assets. We also define and implement an optimization program that simplifies IT infrastructure and manages assets cost-effectively to align with company business goals, thereby increasing operational efficiency. Cloud transformation We help enterprises improve their cloud strategy by offering insights on the cloud offerings and delivering cloud-based solutions and IT-as-a-service offerings. 7. Macro-environment and competitive forces are driving M&As Without the right approach and predefined goals, enterprises often struggle to manage the complexity in structuring, managing and integrating information technology during a carve-out transaction. Enterprises need to align their strategy across business groups, partners and IT along with robust up-front planning and detailed execution focus during and after the M&A to realize expected deal value and enable operational effectiveness. Read more IT carve-outs Infosys Consulting enables oil and gas companies to establish an effective IT operating model during M&A for the retained IT organization(s). Our solution helps companies minimize risk of security and asset loss during transfer of ownership and accelerates the separation of divested entities to retain focus on the core operations. Post-merger integration (Day 1 Planning and Value Realization) We leverage our core business transformation IMPACT Framework and Value Realization Methodology (VRM) to align strategic intent with tactical execution, thereby ensuring focus on value creation and integration. Our tools help clients to structure the integration planning and execution processes using transition management office set-up and execution, synergy playbook creation and dependency management frameworks.