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Oil & Gas
Fueling energized performances and productivity
With mounting global oil and gas demands, the energy sector has to address an extensive array of challenges across upstream, midstream, downstream and oil field industries. The sector contends with a great deal of risk and uncertainty, yet enterprises must emphasize on future forward routes to safeguard operational success and profits.
With rampant increase in population the need for energy is always accelerating, even when the economy is fraught with complications. Oil and natural gas projects require long lead-time. Gauging the positives and threats of new ventures, deciding capital investment inflows, and planning new products have to comply with regulatory, environmental and risk concerns.
It is very important to have practices and checks in place for navigating through the shifting energy regulatory milieu, managing risks and raising performances. Apart from hydrocarbons as the sole energy provider, many companies are diversifying investments in alternative sources like bio-fuels, renewable energy etc. This is also being observed as a major game changer.
At Pracoda we support our clients by providing Odoo based technologies catering to the oil & gas sector, which are equipped to take on market dynamisms. We help companies to be prepared for and to manage unforeseen developments, run smooth operations to stay ahead.
How Pracoda Technologies delivers value to the Oil & Gas sector
With deep understanding of operations, risk mitigation methods and strategic solutions, our specialists investigate changes from the point of view of how it will impact our client’s activities. So enterprises are ensured real-time visibility to keep abreast with regulatory changes, ensure operational efficiency and outrival other majors.
Our energy sector solutions helps simplify corporate restructuring from mergers and acquisitions, improves client satisfaction and leverages new innovations in exploration, extraction and delivery.
Potential Outcomes
- Enriched barrels of oil (BOE) equivalent production
- Lowered operating expenses and capital development costs
- Reduced incident rate and finding cost
- Higher return on capital employed (ROCE)
- Lesser days of sales outstanding (DSO)
- Improvement in delivery time