Oil & Gas remain the primary sources of fuel influencing the global economy. Projections suggest this market would grow at an annual growth rate around 26%, up to $720 billion by 2025. Oil prices reached their highest level in six years, capping a 2021 rebound of impressive proportions. Market dynamics remain such as political unrest, ESG requirements, changing fuel sources and labor reliability.
Producing and distributing oil and gas is complex as it is capital intensive, the need for innovation to manage unprecedented change and transformation is essential. From upstream exploration and production to midstream storage and transportation to downstream refining and marketing the oil and gas industry is focusing more and more on diversified decarbonized value chains that are profitable, responsive, and competitive.
The challenge of global uncertainty these past years has necessitated innovation to maintain robust operations and ensure safe working conditions amidst the need for growth and resiliency going into the future. Reveal has robust industry experience with SAP in the Oil and Gas industry to provide integrated, connected, and intelligent solutions that support positioning in a fast-changing environment and create the fundamentals for future growth and innovation through:
The end game is to enrich performance in terms of operational efficiency, security, asset reliability, product quality and work safety.
Continuous management of asset maintenance strategies on how your assets are maintained is central in the drive to reliability, safety, and business value.
SAP Enterprise Asset Management (EAM) addresses the key life cycle processes associated with each process
segment and focuses on the related business issues of concern throughout the collaborative eco-system. SAP
EAM aligns to address these business issues, resulting in better managed capital expenditures, reduced
operating costs, and improved asset utilization.
Planner Groups represent a group of employees responsible for planning and processing maintenance tasks in a