It has been proven that in the oil and gas industry, mainly in Upstream, the expenses that come from hiring services range between 60% and 65%. Many services are not easy to check on.
With ODIS contracting module, it will be easier to check on a range of items such as a crew’s tasks or movement and transportation of soil, water, crude oil, etc.
Real-time check on budget execution and project expenses (drilling, plants on-site, and pipelines.)
It allows for oversight of own or third party’s insurances, licenses, technical verifications, which may result in fines or potential litigation.
One of our modules, ODIS Purchase and supply, allows optimizing and ensuring supply of key operating materials, as well as cost efficiency.