Presentation at Oil & Gas UK conference explains how constructive collaboration can be applied to the UK
CGI (TSX: GIB.A) (NYSE: GIB), a leading global IT and business process services provider, has partnered with information management specialist, OpenText, the Exploration and Production Information Management Association (EPIM) and operators in the Norwegian Continental Shelf to develop a collaborative information management platform. EPIM worked with CGI and OpenText to develop the system called License2Share, a collaborative platform, which is used by operators across the Norwegian Continental Shelf (NCS), enabling them to streamline work processes, eliminate duplication and inefficiencies. The collaborative platform facilitates the sharing of information across organisational relationships to provide data on contracts, production, drilling, health and safety, as well as governance data to enable regulatory compliance and reporting.
CGI’s estimates show that adopters of the platform experience 30% less administration, with associated IT savings of up to 50%. License2Share has been in use since 2009 and is now used by 57 organisations. Apart from being used in Norway, License2Share is used in seven other countries.
Sam Speirs, senior director in CGI’s Oil and Gas business in the UK, is presenting the approach taken in Norway to tackle information complexity in a collaborative environment at the Oil & Gas UK conference in Aberdeen, June 17th -18th. CGI aims to encourage UK operators to learn from the NCS example and to take a more collaborative approach to sharing data.
“In the current economic climate, operators need to focus on maximising economic opportunities.” commented Sam Speirs. “In order to minimise costs and maximise revenues, much closer collaboration between operators, partners and regulators is needed. The experience of CGI working with the oil and gas sector in Norway is just one example of the potential benefit for the industry of a collaborative approach. License2Share has been developed by industry for the industry and shows what can be achieved through the efficient management of information in constructive collaboration. This collaborative approach will benefit everyone involved.”
Sam Speirs’ presentation takes place at the Oil & Gas UK conference on June 18th at 14.00 in the Cost & Efficiency session.
CGI Oil and Gas Business Division
With over 30 years’ experience in the oil and gas sector, CGI helps oil and gas companies to improve efficiency, reduce costs and optimise asset utilisation, enabling operators to focus more on their core business and less on their IT infrastructures. CGI’s integrated solutions for financial, production, land and asset management address the needs of any petroleum company or natural resource trust department, regardless of size—from the smaller producers to the supermajors.
CGI provides services, solutions and consultancy across the entire supply chain. The company employs more than 2,000 professionals in its oil and gas business unit in 24 locations around the world and works with some of the major operators in the sector.
CGI is a global leader in fuel cards services, processing more than 1.5 billion fuel card transactions and managing over $100 billion per annum in fuel card payments globally. The company manages the entire exploration and production application portfolio for global clients.
Key solutions for the oil and gas sector include, offshore crew logistics (Vantage POB), joint venture collaboration platform (License2Share), gas quality and management system (PRODIS) and tanker fleet management solution (CROSS).
Founded in 1976, CGI Group Inc. is the fifth largest independent information technology and business process services firm in the world. Approximately 68,000 professionals serve thousands of global clients from offices and delivery centers across the Americas, Europe and Asia Pacific, leveraging a comprehensive portfolio of services including high-end business and IT consulting, systems integration, application development and maintenance, infrastructure management as well as a wide range of proprietary solutions. With annual revenue in excess of C$10 billion and an order backlog of C$20 billion, CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). www.cgi.com
OpenText is the leader in Enterprise Information Management, helping customers to create a digital first world by simplifying, transforming, and accelerating enterprise information needs, on premises or in the cloud. For more information about OpenText (NASDAQ: OTEX, TSX: OTC) visit opentext.com.
For more information
Contact Clare Carswell, Bread PR
Vice-President, Marketing and Communications
+44 7766 420850