Overview
The Oil and Gas (O&G) industry is now recovering from weak prices, asset alignments, and productivity efficiencies. However, it still faces fundamental challenges such as competition from non-fossil fuel resources, overhung regulations, sustainable cost efficiency in over- and under-supplied markets, capital discipline, and asset maintenance.
The processes and systems involved in exploration, production, refining, and marketing in the Oil & Gas industry are highly complex, capital-intensive, and require state-of-the-art technology. Needless to say, the O&G companies are pressurized to adapt to the dynamic technological advancements and boost productivity, while keeping costs under control. This urgently calls for a higher-than-ever degree of collaboration and data-driven decision-making to optimize costs and maximize organizational effectiveness and operational efficiency.
HCLTech understands the unique Oil & Gas value chain and provides solutions spanning complex engineering in the upstream and customer responsive business solutions in the retail and marketing segments. Our domain-rich experience and capabilities in digital transformation, IoT, automation, analytics, and artificial intelligence help unlock value for organizations in their transformation journey. HCLTech is a renowned name in the niche area of business benefits-led outsourcing programs with the ability to offer committed year-on-year productivity on not just IT SLAs and KPIs but also on the key indicators that drive Oil &Gas companies.
Business Segments
The E&P sector is focused on improving worker safety in harsh offshore platforms by using digital technologies to improve existing processes and enable remote monitoring.
In these times of volatility, the OFS organizations are focusing on increasing asset utilization to optimize cost. During peak times, Asset tracking and increasing utilization are top of mind as managers struggle to capture as much demand as possible. During downtimes, coping with excess capacity and underutilized resources can make the difference between mere survival and success. HCLTech has made its mark working with upstream and OFS companies to overcome the challenges and lay the groundwork for long-term success under any market condition.
Solutions & Services:
Midstream companies continuously face operational and maintenance challenges of assets such as pipelines, transport vessels, gas plants, and compression stations. Companies struggle to manage and control such diverse operations efficiently. Accounting, reporting, and compliance requirements must be tracked and any divergences must be accounted for. Many midstream companies also face the challenge of integrating trading operations into their accounting and supply systems. HCLTech brings a unique blend of experiences ranging from transportation to linear asset management. As such, we are uniquely qualified to assist midstream companies with their business transformation efforts.
Solutions and Services:
- Asset Integrity Management
- Image Analytics for Pipeline Management
- Logistics Fleet Analytics
Refineries present diverse challenges due to their complex operations, assets, integrity requirements, and compressed operating margins. Maintenance, shutdowns, start-ups, and changeovers must be carefully planned, scheduled, and executed with precise coordination between employee and contract crews. The secondary distribution of oil and gas products demands visibility of all aspects of operations in order to deliver maximum profitability. Diligent planning is needed to ensure storage, transfer, and transportation to meet customer demands.
HCLTech offers various solutions that cater to downstream operations of the O&G sector
Solutions & Services:
- Maintenance, Repair, and Overhaul Solution
- IoT-based Remote Asset Management
- Engineering and R&D Services
- Cybersecurity Solutions
The O&G industry has been slow to the adoption of digital in their enterprise because of a range of barriers, including complex business processes, lack of readiness, and end-to-end view of benefits realization. True digital innovation requires moving beyond isolated digital projects to reinventing the organization in its entirety. The critical tasks for the O&G sector today are understanding their point of departure and setting ambitious targets.
HCLTech’s Digital & Analytics services bring its entire gamut of expertise from consulting to implementation to ensure that digital journeys can enable an end-to-end IT transformation.
Solutions & Services:
The E&P sector is focused on improving worker safety in harsh offshore platforms by using digital technologies to improve existing processes and enable remote monitoring.
In these times of volatility, the OFS organizations are focusing on increasing asset utilization to optimize cost. During peak times, Asset tracking and increasing utilization are top of mind as managers struggle to capture as much demand as possible. During downtimes, coping with excess capacity and underutilized resources can make the difference between mere survival and success. HCLTech has made its mark working with upstream and OFS companies to overcome the challenges and lay the groundwork for long-term success under any market condition.
Solutions & Services:
Solutions
Logistics fleet analytics
HCLTech’s solutions are built in partnership with SAP, addressing challenges faced by oil and gas companies in logistics. Solutions focus on improving delivery schedules and optimum utilization of vehicles and drivers along with regulatory compilation. Customers benefit through transparent operations, reduction in operational costs, reduced returns, and an increase in efficiency.
Services
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