Posts Tagged ‘Oil and Gas’

In the post-pandemic age of political upheaval, supply chain volatility, and global market uncertainty, agility and efficiency are the oil and gas industry’s keys to surviving and thriving. Companies that command total control over their systems and production and adjust quickly to demand will leave slower and less capable companies far behind. At such a […]

At Perficient our colleagues not only get involved within our company, but within the industries they serve. A veteran of the oil and gas industry, Cheryl Scott is no different.  Over the course of her career, Cheryl maintained a strong association with the American Fuel & Petrochemical Manufacturers (AFPM). AFPM was formed over 120 years […]

Many Energy companies that are running Oracle ERP, SCM, and EPM solutions are working on their roadmap and deciding whether to cross the chasm and move to the Cloud or upgrade their on-premise applications. Change Management is an important part of such a decision and is a critical part of the roadmap to be considered […]

Yes, it can with Oracle ERP Cloud and Perficient! In the past, an ERP implementation was a project that made people complain, conjure images of extreme difficulty, and generally tax everyone’s stamina, patience, and faith. Furthermore, an ERP implementation at an Oil & Gas company was an experience that in some cases never had a […]

Save the date for this terrific customer story next week featuring Midcoast Energy, LLC. The company had antiquated and complex business processes that could not scale to meet its needs. Facing an expensive ERP implementation, the company decided a cloud-based platform would provide a strategic advantage. Midcoast Energy, LLC implemented Oracle Cloud for Financials, Project […]

Procurement Maturity Development in Oil and Gas Midstream   In a variety in industry verticals, procurement maturity can be assessed and classified into three stages of maturity; Reactive, Proactive, and Strategic.  Besides interviewing and quantifying a maturity assessment, the best ways to determine the maturity level of a procurement organization is to examine the organization’s […]

The energy industry comes with its own unique set of factors; deregulation, volatile markets, consumer demand, and investor expectations have increased competition and created new opportunities. Keeping our client’s strategic, financial, and regulatory needs in mind, we are dedicated to furthering the industry, especially as it relates to technology, business optimization, and digital transformation (as […]

While innovation thrives and regulatory obstacles persist, energy companies must remain diligent in setting and meeting their business and enterprise priorities so they stay competitive. For example, although “the average number of new oil and gas developments given the go-ahead globally has fallen from 35 a year between 2010 and 2014 to just 12 since […]

While innovation thrives and regulatory obstacles persist, energy companies must remain diligent in setting and meeting their business and enterprise priorities so they stay competitive. For example, although “the average number of new oil and gas developments given the go-ahead globally has fallen from 35 a year between 2010 and 2014 to just 12 since […]

While the industry is seeing much innovation, and while energy companies are doing positive work in communities and around the world, there is no question that the industry still faces several serious challenges. The industry needs fewer counterproductive industry regulations and, instead, better policies that leverage free trade and support innovation. Free trade can lead […]

Philanthropy remains incredibly important to energy companies, which made financial donations in the wake of horrific events, such as the hurricanes in Texas and Florida and fires in California, in 2017. As of August 2017, ExxonMobil had made a “financial commitment for Harvey relief to up to $9.5 million.” Money is also being sent to […]

A recent Financial Times article highlighted a report which found that oil and gas companies with more ethical operations are more profitable and valued than their competitors. According to the report, “For oil and gas companies, the valuation premium was almost a fifth for those that combat corruption, have better health and safety processes or […]