Crescent\nPetroleum has chosen SAP as a strategic partner to power its drive to improve\nefficiency across all processes, and progress a digital transformation strategy\nin coming years.<\/p>\n\n\n\n
In\npartnership with SAP Digital Business Services, Crescent implemented the\nS\/4HANA real-time business suite and the SuccessFactors talent management suite\nto help streamline operational units across its operations to yield\nconsiderable efficiencies. <\/p>\n\n\n\n
The company\nbecame the first global implementation of SAP S\/4HANA Oil and Gas Model Company 1809, achieving go-live in a record time of 8 months,\nahead of schedule. Model\nCompany is SAP\u2019s industry-leading, ready-to-use, and preconfigured process\nsolution, which helps adoption of standard industry templates with minimal\ncustomization. Crescent worked with SAP Digital Business Services in the\ntransformation journey and embraced industry best practices across the organisation\nto simplify and streamline processes.<\/p>\n\n\n\n
Crescent\nnow has over 300 apps for real-time and common work centers for drilling\noperations, plant maintenance, procurement, project systems, finance, and human\nresources functions. The company now operates on a single integrated digital\nplatform, S4\/HANA, and has introduced online transaction processing to\neliminate unnecessary paperwork. Crescent plans to extend its internal digital\nfootprint with dashboards and mobility solutions for maintenance staff, while\npiloting cutting-edge technology leveraging sensor-driven predictive\nmaintenance capabilities.<\/p>\n\n\n\n
\u201cThe digital oilfield market in the Middle East<\/a> demonstrated how important digital transformation is for oil and gas companies focused on driving operational efficiency and excellence,\u201d said Ravi Kumar, Chief Corporate Officer, Crescent Petroleum and Member of Crescent Group Board. \u201cWith the successful roll-out of SAP across the UAE and Kurdistan Region of Iraq, we have a real-time, digital foundation to support our growth into the coming decades as we unlock the value of the energy resources in the region, and make an impact in the communities we serve, and achieve our vision for promoting energy and social sustainability.\u201d<\/p>\n\n\n\n As the GCC countries increase their oil and gas exploration and production, the firms are competing to digitally transform and adopt Industry 4.0 innovations to enhance business competitiveness. The Middle East<\/a> and Africa\u2019s digital oilfield market is set to cross USD 2 billion by 2022, according to<\/a> TechSci Research.<\/p>\n\n\n\n \u201cCrescent Petroleum has chosen to\nadopt global best practices in digital transformation by simplifying and\nstandardizing processes to enable oil and gas innovation,\u201d said\nZakaria Haltout, Managing Director, SAP UAE. \u201cBy harnessing SAP\u2019s intelligent services and industry-best\npractice library, Crescent Petroleum has become an Intelligent Enterprise\nacross their operations.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":" In partnership with SAP Digital Business Services, Crescent implemented the S\/4HANA real-time business suite and the SuccessFactors talent management suite to help streamline operational units across its operations to yield considerable efficiencies. <\/p>\n","protected":false},"author":8,"featured_media":1854,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[9653,9624],"tags":[576,361,389,487,922],"contributor":[],"class_list":["post-1851","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy-industry-news","category-smart-sectors","tag-digital_transformation","tag-digitalbusiness","tag-mena","tag-middle_east","tag-petroleum"],"featured_image_src":"https:\/\/techxmedia.com\/en\/wp-content\/uploads\/2020\/03\/Zakaria-Haltout-SAP-1a-e1584512830440.jpg","author_info":{"display_name":"Rabab","author_link":"https:\/\/techxmedia.com\/en\/author\/rabab\/"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/posts\/1851","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/comments?post=1851"}],"version-history":[{"count":0,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/posts\/1851\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/media\/1854"}],"wp:attachment":[{"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/media?parent=1851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/categories?post=1851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/tags?post=1851"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/contributor?post=1851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}