Oil and Gas solutions
Optimize asset maintenance and manage critical information and operations with Oil and Gas solutions from OpenText
The variable price of oil
The price of oil dropped dramatically in 2014 and continues to fluctuate. This has forced the oil and gas industry to focus on operational excellence to keep operating costs at a level that ensures profitability even when the price of oil is low.
Mergers, acquisitions and divestments
Operational systems consolidation must be achieved quickly and efficiently to produce economies of scale and business efficiency.
More data, less insight
The inability to efficiently draw on data sets hinders companies from automating simple decisions and using analytics to improve production uptime.
Renewable energy sources
The rise in popularity of renewable energy is causing a reduction in demand for oil and gas products and forcing oil companies to review their business portfolios.
Customer success stories
OpenText Oil and Gas solutions benefits
Create a foundation for operational effectiveness
Efficiently manage the creation, review and approval of regulated asset documentation.
Unify business processes and secure information
Break down information silos, align processes and securely share relevant information.
Leverage data for meaningful insight
Augment traditional data management with AI-powered analytics.
Streamline regulatory compliance
Gain efficiencies with intelligent automation and direct access to synchronized enterprise information.
OpenText Oil and Gas solutions
Manage engineering documents, from projects to handover to asset management and maintenance
Manage creation, review and approval of engineering documents, from projects to handover to assessment
Accelerate creation, review and approval of project documentation with a SaaS-based public cloud solution
Simplify the sharing, collaboration and transmittal of project deliverables with suppliers
Ensure high quality handover from Building Information Modelling (BIM) projects
Collect and analyze engineering and machine data to provide insight
Facilitate efficient, secure and compliant B2B exchanges
Contact us to speak with a member of the Oil and Gas team
Oil and Gas resources
- Energy industry 2021 predictions
- How digital transformation increases operational uptime
- From ‘ghost chasing’ to intelligent operations for energy companies
- Supporting the essential energy industry
- IIoT and the road to data monetization