This whitepaper discusses enterprise resource planning (ERP) software options for contractors and vendors serving the oil and gas industry. It notes the industry is facing cost pressures and demands for greater accountability. It recommends ERP systems that can harmonize processes, standardize quality practices, and provide real-time risk management across engineering, fabrication, project management and aftermarket services. Specifically, it suggests ERP features important for different business models, such as project planning for engineering, procurement, construction contractors, and integrated engineering and purchasing for complex manufacturers.
Selecting E R P For Oil And Gas Industry Contractors And VendorsIFS
In this whitepaper, we’ll discuss the market trends affecting vendors to the oil
and gas industry, how these trends are affecting operations and specific ways that
enterprise technology can automate the best practices that will ensure success.
Epc project interdepency and Work Flow- promoignitetribes
Engineering, Procurement and Construction are highly correlated and set precedence against each other. They are very interdependent and these dependencies become increasingly critical as the phases are overlapped. In this module we share the interdependence of Engineering - Procurement and the influence in Construction. Here we touch a bit on work front monitoring and work face planning.
Selecting E R P For Oil And Gas Industry Contractors And VendorsIFS
In this whitepaper, we’ll discuss the market trends affecting vendors to the oil
and gas industry, how these trends are affecting operations and specific ways that
enterprise technology can automate the best practices that will ensure success.
Epc project interdepency and Work Flow- promoignitetribes
Engineering, Procurement and Construction are highly correlated and set precedence against each other. They are very interdependent and these dependencies become increasingly critical as the phases are overlapped. In this module we share the interdependence of Engineering - Procurement and the influence in Construction. Here we touch a bit on work front monitoring and work face planning.
Episode 28 : Project Management Contract
Typical services of the employer are:
Obtaining official approvals
Commissioning experts
Provision of the documents required for planning, such as site plan, data on soil conditions etc.
Supply of utilities for commissioning
Free of charge provision of areas for site facilities
Free of charge supply of power and water to the building site.
A project promoter or developer has an option to give single contract on turnkey basis on single contractor or to source project packages/components from several suppliers. Advantages of an EPC single contract are highlighted in this presentation.
Arslan Enginery EPC Turnkey Projects and Profile.Arbaaz Malik
Arslan Enginery Ltd. is an EPC Contractor company for the turnkey projects of Oil and Gas , Petrochemical and Metallurgy Projects.
We have complete solution From Basic Engineering to Procurement ,Construction and Training/Transfer of project to Owner/Operator.
A diligent Document Controller with over 10 years’ experience in administration, establishing and maintaining effective filing and archiving system for electronic documents in accordance with company and archiving procedures. Proficient in receiving, maintaining and transmitting documents to respective departments to accelerate project implementation. Dexterity in handling project filing index, internal document distribution matrix, Possess experience in Oil & Gas field, engineering documentation (brown/green fields) including, FEED, Detail Design& EPC. Hands on expertise in using EDMS including (Documentum –WebTop), Proactive and an acknowledged trouble-shooter with strong interpersonal and analytical skills and exhibits an honest work ethic with the ability to work consistently towards attaining goals.
Meaning of estimation, purpose of estimating and the factors to be considered while
preparing estimations, qualities of a good estimator, Meaning of specification, importance of
specification and the factors to be considered. Meaning of standardization and its advantages.
Meaning of overhead charges, stock incidental charges, contingencies, supervision charges,
labour charges, Inspection/Inspectorate charges, transportation charges and miscellaneous
charges. Meaning of tender/tender notice, quotation, comparative statement, purchase order
and work order. Importance / purpose of IE Act and IE Rules.
Meaning of earthing, touch potential and step potential, necessity of earthing, Points to be
earthed, factors influencing earth resistance, methods of reducing earth resistance, standard
values of earth resistance for various installations, method of selecting the size of earth
conductor, types /methods of earthing, Pipe earthing-diagram, specifications of pipe earthing,
Plate earthing-diagram and specifications of plate earthing.
Recovering Downstream Market Yields Opportunity by Richard NealeSNC-Lavalin
Downstream Business │ December 2016 │Infrastructure │With downstream technology largely established, owners are examining new contract structures and greater collaboration to control costs.
Episode 28 : Project Management Contract
Typical services of the employer are:
Obtaining official approvals
Commissioning experts
Provision of the documents required for planning, such as site plan, data on soil conditions etc.
Supply of utilities for commissioning
Free of charge provision of areas for site facilities
Free of charge supply of power and water to the building site.
A project promoter or developer has an option to give single contract on turnkey basis on single contractor or to source project packages/components from several suppliers. Advantages of an EPC single contract are highlighted in this presentation.
Arslan Enginery EPC Turnkey Projects and Profile.Arbaaz Malik
Arslan Enginery Ltd. is an EPC Contractor company for the turnkey projects of Oil and Gas , Petrochemical and Metallurgy Projects.
We have complete solution From Basic Engineering to Procurement ,Construction and Training/Transfer of project to Owner/Operator.
A diligent Document Controller with over 10 years’ experience in administration, establishing and maintaining effective filing and archiving system for electronic documents in accordance with company and archiving procedures. Proficient in receiving, maintaining and transmitting documents to respective departments to accelerate project implementation. Dexterity in handling project filing index, internal document distribution matrix, Possess experience in Oil & Gas field, engineering documentation (brown/green fields) including, FEED, Detail Design& EPC. Hands on expertise in using EDMS including (Documentum –WebTop), Proactive and an acknowledged trouble-shooter with strong interpersonal and analytical skills and exhibits an honest work ethic with the ability to work consistently towards attaining goals.
Meaning of estimation, purpose of estimating and the factors to be considered while
preparing estimations, qualities of a good estimator, Meaning of specification, importance of
specification and the factors to be considered. Meaning of standardization and its advantages.
Meaning of overhead charges, stock incidental charges, contingencies, supervision charges,
labour charges, Inspection/Inspectorate charges, transportation charges and miscellaneous
charges. Meaning of tender/tender notice, quotation, comparative statement, purchase order
and work order. Importance / purpose of IE Act and IE Rules.
Meaning of earthing, touch potential and step potential, necessity of earthing, Points to be
earthed, factors influencing earth resistance, methods of reducing earth resistance, standard
values of earth resistance for various installations, method of selecting the size of earth
conductor, types /methods of earthing, Pipe earthing-diagram, specifications of pipe earthing,
Plate earthing-diagram and specifications of plate earthing.
Recovering Downstream Market Yields Opportunity by Richard NealeSNC-Lavalin
Downstream Business │ December 2016 │Infrastructure │With downstream technology largely established, owners are examining new contract structures and greater collaboration to control costs.
Legal Transformation and Contract Remediationaccenture
Accenture’s Legal Transformation practice offers specific solutions to meet the various challenges impacting a firm’s Legal function. Specifically, it offers contract remediation strategy, technology solutions and support to aid firms in managing large scale contract remediation programs due to regulatory change events such as LIBOR, BREXIT and more. Read our latest Legal Risk Study to rethink the financial services legal function: https://accntu.re/3eF9URP
Whitepaper: The Next Evolution of Yokogawa CENTUMYokogawa
In 2014 Yokogawa is adding significant new capabilities to CENTUM VP. Now the New CENTUM VP becomes the platform for delivering four new innovations; Hyper-intuitive
Operation, Total Automation Management, Intelligent Plant Conductor, and Sustainable Plant Operation. Each innovation addresses pain points felt by today’s plant owner-operators as they strive for greater operational
integrity. Yokogawa has emphasized its objective to especially leverage two enabling technologies in this development program; field digital technology and dynamic process simulation.
Transmission Sector & Project Management of Transmission LinesMANTHAN CHAUHAN
Its a detailed Presentation of Transmission Sector & Project Management of Transmission Lines.
The company selected for this was Kalpataru Power Transmission Ltd., Gandhinagar
it explaines how the indian power sector is, what is the tendering process, what is contract, bar-charts and cash flow management for the contract.
Project planning can be understood with help of a case Study, and Project Management from tendering to cash flow management can be understood by this presentation.
this is the Summer Internship Project of Mine and its Strictly unauthorised to use this presentation without author's permission.
PwC White Paper: Shale Gas - New conventions for unconventional development f...Marcellus Drilling News
A white paper published by PricewaterhouseCoopers with some times for engineering and construction companies involved in the shale drilling industry, purporting to show them how (with PwC's help) they can cut down the time and costs involved with the projects they undertake in the shale drilling industry.
Drive Business Excellence with Outcomes-Based Contracting: The OBC ToolkitCAST
Making Outcomes-Based Contracting Work With Facts
Introduction by Amit Anand, Robert Asen & Vijay Anand of Cognizant
Using metrics to develop effective results-based contracts
Managing outcome based application contracts requires a combination of scope management,
pricing, and, above all, quality. As suppliers and clients evolve the relationship, the
need for clear facts dominates conversations.
The premise of outcomes-based contracting is that hours (and indeed rate) are inputs to
the ADM process (not outputs), and that structures that measure programming results are
now both possible and achievable. Outcomes-based structures bring the original intent of
software to the forefront—creating successful results. While many companies have shifted
from input-based to output-based contracting, forward-thinking IT leaders are also taking
steps to define a sustainable outcomes-based relationship with their ADM suppliers.
Outcomes-based contracts focus on how the delivered product adds value, while inputand
output-based contracts focus on the resources and the activities needed to deliver the
outcome, respectively.
Show drafts
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Empowering the Data Analytics Ecosystem: A Laser Focus on Value
The data analytics ecosystem thrives when every component functions at its peak, unlocking the true potential of data. Here's a laser focus on key areas for an empowered ecosystem:
1. Democratize Access, Not Data:
Granular Access Controls: Provide users with self-service tools tailored to their specific needs, preventing data overload and misuse.
Data Catalogs: Implement robust data catalogs for easy discovery and understanding of available data sources.
2. Foster Collaboration with Clear Roles:
Data Mesh Architecture: Break down data silos by creating a distributed data ownership model with clear ownership and responsibilities.
Collaborative Workspaces: Utilize interactive platforms where data scientists, analysts, and domain experts can work seamlessly together.
3. Leverage Advanced Analytics Strategically:
AI-powered Automation: Automate repetitive tasks like data cleaning and feature engineering, freeing up data talent for higher-level analysis.
Right-Tool Selection: Strategically choose the most effective advanced analytics techniques (e.g., AI, ML) based on specific business problems.
4. Prioritize Data Quality with Automation:
Automated Data Validation: Implement automated data quality checks to identify and rectify errors at the source, minimizing downstream issues.
Data Lineage Tracking: Track the flow of data throughout the ecosystem, ensuring transparency and facilitating root cause analysis for errors.
5. Cultivate a Data-Driven Mindset:
Metrics-Driven Performance Management: Align KPIs and performance metrics with data-driven insights to ensure actionable decision making.
Data Storytelling Workshops: Equip stakeholders with the skills to translate complex data findings into compelling narratives that drive action.
Benefits of a Precise Ecosystem:
Sharpened Focus: Precise access and clear roles ensure everyone works with the most relevant data, maximizing efficiency.
Actionable Insights: Strategic analytics and automated quality checks lead to more reliable and actionable data insights.
Continuous Improvement: Data-driven performance management fosters a culture of learning and continuous improvement.
Sustainable Growth: Empowered by data, organizations can make informed decisions to drive sustainable growth and innovation.
By focusing on these precise actions, organizations can create an empowered data analytics ecosystem that delivers real value by driving data-driven decisions and maximizing the return on their data investment.
Explore our comprehensive data analysis project presentation on predicting product ad campaign performance. Learn how data-driven insights can optimize your marketing strategies and enhance campaign effectiveness. Perfect for professionals and students looking to understand the power of data analysis in advertising. for more details visit: https://bostoninstituteofanalytics.org/data-science-and-artificial-intelligence/
Adjusting primitives for graph : SHORT REPORT / NOTESSubhajit Sahu
Graph algorithms, like PageRank Compressed Sparse Row (CSR) is an adjacency-list based graph representation that is
Multiply with different modes (map)
1. Performance of sequential execution based vs OpenMP based vector multiply.
2. Comparing various launch configs for CUDA based vector multiply.
Sum with different storage types (reduce)
1. Performance of vector element sum using float vs bfloat16 as the storage type.
Sum with different modes (reduce)
1. Performance of sequential execution based vs OpenMP based vector element sum.
2. Performance of memcpy vs in-place based CUDA based vector element sum.
3. Comparing various launch configs for CUDA based vector element sum (memcpy).
4. Comparing various launch configs for CUDA based vector element sum (in-place).
Sum with in-place strategies of CUDA mode (reduce)
1. Comparing various launch configs for CUDA based vector element sum (in-place).
Levelwise PageRank with Loop-Based Dead End Handling Strategy : SHORT REPORT ...Subhajit Sahu
Abstract — Levelwise PageRank is an alternative method of PageRank computation which decomposes the input graph into a directed acyclic block-graph of strongly connected components, and processes them in topological order, one level at a time. This enables calculation for ranks in a distributed fashion without per-iteration communication, unlike the standard method where all vertices are processed in each iteration. It however comes with a precondition of the absence of dead ends in the input graph. Here, the native non-distributed performance of Levelwise PageRank was compared against Monolithic PageRank on a CPU as well as a GPU. To ensure a fair comparison, Monolithic PageRank was also performed on a graph where vertices were split by components. Results indicate that Levelwise PageRank is about as fast as Monolithic PageRank on the CPU, but quite a bit slower on the GPU. Slowdown on the GPU is likely caused by a large submission of small workloads, and expected to be non-issue when the computation is performed on massive graphs.
2. CONTENT
THE PRICE OF OIL......................................................................................................... 1
ROLE OF TECHNOLOGY................................................................................................. 2
CONCLUSION............................................................................................................... 5
3. 1
SELECTING ERP FOR OIL AND GAS INDUSTRY CONTRACTORS AND VENDORS
SELECTING ERP FOR OIL AND GAS
INDUSTRY CONTRACTORS AND
VENDORS
BY MAGNE HALVORSEN
BUSINESS ANALYST, IFS
Executives at contracting, engineering, equipment suppliers and professional service
companies serving the asset-intensive oil and gas industry know that this is a
challenging time to be in the industry. Customer organizations are more demanding
than ever, and are asking their vendors to take on more risk, compete more aggres-
sively on price and toe the line on quality.
Information technology certainly has a role to play in meeting these challenges,
particularly since many companies serving the industry are still running their
businesses on older enterprise applications not really suited for the information-
intensive nature of the industry. Enterprise applications designed to meet these
needs are relatively new to the market, and ought to be considered carefully by
industry executives charged with succeeding in the market today.
In this whitepaper, we will discuss the market trends affecting vendors to the oil
and gas industry, how these trends are affecting operations and specific ways that
enterprise technology can automate the best practices that will ensure success.
THE PRICE OF OIL
Whereas vendors in the oil and gas industry are affected by the same economic
megatrends as everybody else, they are more directly affected by wild fluctuations
in the price of oil than most other industries. Since the financial crisis in 2008, where
we saw a steep drop in oil prices, we have seen a steady growth in the oil price and
in the past two years, price stabilization at pre-recession levels. In addition, over the
past few years we have seen annual double digit growth in offshore investments and
in oil services. This large investment growth has led to intense competition for talent
and resources, similar to what happened in the years prior to the financial crisis. In
combination with increased global competition, this has caused cost levels to increase
significantly, with the ensuing strong pressure on margins. As a result, wages and
the other costs associated with oil exploration, extraction and processing have never
been higher. This dynamic has created the need for oil companies to increase capacity
while placing downward pressure on what can be spent to build new production
assets or expand or extend the lifecycle of existing assets. Because of the stresses this
combination has placed on the industry, many of the project owners in the industry
have found that the vendors are more frequently not meeting their quality expectations.
4. 2
SELECTING ERP FOR OIL AND GAS INDUSTRY CONTRACTORS AND VENDORS
Deadlines are missed, cost over- runs have become more frequent, and specifications
are not met or are not communicated adequately between the different disciplines
involved in these asset-intensive projects. Even though the blame for these problems
probably lies jointly with the operator and the contractor, the oil company/operator
is the customer, and they are demanding more accountability and greater control of
their contractors and vendors.
This demand for accountability is one reason project owners/operators are
moving over to an engineer, procure, construct (EPC) business model. With separate
engineering, fabrication and construction, there is a lot of room for finger-pointing
and blame-throwing when projects go wrong. To ensure that EPC contractors and
other vendors have the capabilities necessary to meet budgets and timelines, operators
are paying more attention to the IT infrastructure their suppliers are using. Technology
is seen as the key to vendors’ ability to collaborate better internally, as well as with
customers and sub-contractors. And this technology- enabled collaboration is the
way to ensure that an EPC contractor, equipment vendor or other partner can plan,
communicate and execute effectively enough to meet project deliverables.
ROLE OF TECHNOLOGY
Suppliers to this industry—equipment fabricators, maintenance and operations service
companies and EPC contractors or those on their way to becoming EPC contractors
—have slightly different technology needs. But they have one thing in common. They
are being asked to do more with less, are being asked to take on more risk and need
to collaborate more effectively internally and with trading partners and customers.
Moreover, as industry needs and the type of project available change, suppliers
need to prepare for these new projects—which might have more to do with extending
the life of existing assets than building new ones. Economic pressures may also drive
many industry vendors toward new revenue streams, including aftermarket service
and warranty work.
All of these changes place new demands on an IT infrastructure. In order to
succeed in the industry now, oil and gas industry suppliers need enterprise
applications that:
• Harmonize the working processes across disciplines, including engineering,
fabrication, on-site construction, aftermarket service management and project
management.
• Standardize processes to better secure quality, including work performed
internally as well as work performed by outside contractors and subcontractors.
• Provide a complete overview of project risk, along with tools to manage risk
pro- actively and in real time.
5. 3
SELECTING ERP FOR OIL AND GAS INDUSTRY CONTRACTORS AND VENDORS
Given the multi-disciplined nature of EPC contractors and their need to manage
often large and far-flung teams of contractors and subcontractors in a deadline-
sensitive environment, their needs are perhaps the most extreme. But as more and
more engineering, fabrication and contracting outfits are pressed into EPC contracts,
they ought to consider the full EPC scope when selecting an enterprise application
to ensure that all of these areas are supported.
Following is a breakdown of the specific needs of the various oil and gas industry
suppliers, starting with the EPC contractors whose needs are, perhaps, the most
complex.
EPC contractors need to pay attention to four essential elements:
1. Project-driven materials management. Instead of letting a product structure
and traditional manufacturing resources (MRP) planning system drive
functions like demand, fabrication and testing, an EPC contractor needs to
ensure that its enterprise application provides robust project resources
planning tools. This allows it to better schedule tasks in parallel rather than
in sequence. In an EPC environment, for instance, fabrication starts long
before drawings and product structures are completed.
2. Multidiscipline engineering register. Integration between engineering and
purchasing/fabrication and other disciplines is beneficial for any industry,
but is absolutely essential for an EPC contractor. Engineering functionality
and a centralized engineering register deliver what is in essence a combined
ERP and PLM solution. For companies that are involved in both engineering/
design and purchasing/material management—and maybe even fabrication/
installation—this central repository for engineering data that is shared
throughout the enterprise allows for efficient and error-free handover of data
between functions. It facilitates handover from engineering to purchasing,
between fabrication and installation and maybe even, in the case of last-
minute changes to the design, between engineering and installation. This level
of integration delivers detailed tracking of those difficult and unexpected
project changes. These changes are often difficult to manage because when
there are design changes, it is not the part numbers that change, but rather
the attributes of those part numbers, the documents attached to the part
number and the tagged information. These details are lost if communication
from engineering consists of a simple list of part numbers released to a fabri-
cation department, hindering the ability to handle changes and increasing
project risk.
6. 4
SELECTING ERP FOR OIL AND GAS INDUSTRY CONTRACTORS AND VENDORS
3. Re-contracting and Subcontracting. Traditional purchase orders are fine
for acquiring materials and receiving them into inventory. But are they as
good for specifying the amount and qualities of concrete to be put into place
or outlining the scope of services for a subsea cabling contract? Contracts
and subcontracts are not items received into inventory, but rather, represent
complex agreements that involve careful development of the scope of services
and then require careful performance management culminating in the
application for payment process. Technology designed to handle the typical
customer order—as is found in a traditional ERP application—will not
adequately deal with the complexities of the subcontract, once again expos-
ing an EPC contractor to risk due to the inability to proactively manage
contractors and subs.
4. Forecasting and project accounting. This enables project controllers to look
at project data and make future projections of project performance rather
than just seeing—after the fact—how they wound up over budget, behind
schedule or off of the specification. This allows better project forecasting
than many generic MRP-driven enterprise tools that are the equivalent of
reading a newspaper—you can see what happened, but only when it is much
too late to do anything about it, and it is impossible to look into the future.
This real-time view of the project, which provides visibility into how project
milestones are on-track or off-track and the implications for the project
going forward, also enables cut-offs, reporting and forecasting independent
of traditional transaction periods. It presents automated features for fetching
cost data that need to be reported into the general ledger each period. It will
also allow for automation of routines for revenue recognition, an important
task to ensure timely payment by the customer.
Service companies working in the oil and gas industry are a diverse lot. Companies
that undertake project-driven services will need to ensure that their enterprise
environment addresses the critical process of mobilization—ensuring that you have
people and equipment available to do your job at the right place and at the right
time. An enterprise application will also need to allow for the charging of equipment
that you have for hire, and tracking of revenue generated by each piece of equipment.
Services can encompass a broad spectrum of business models ranging from well
servicing to cutting and abandonment, and it is hard to make generalizations of how
enterprise needs will change over time. But many of these companies are also
expanding their offering into elements of EPC, taking on more risk and managing
the work of more outside entities, so they should plan to move onto a technology
platform flexible enough to handle these potential future needs with minimal business
disruption.
7. 5
SELECTING ERP FOR OIL AND GAS INDUSTRY CONTRACTORS AND VENDORS
Equipment fabricators and manufacturers serving the industry often operate in an
engineer to order (ETO) mode. ETO manufacturers have some of the same needs as
EPC contractors in that they require the ability to handle material management
through project-driven structures, using Project ERP to automate the demand and
supply processes. These companies also, early in many projects, need to buy long
lead-time materials well before engineering has been completed. This means that
they need a system that allows fluid movement of data back and forth between
engineering, purchasing and fabrication. At later stages, they need to be able to
record what long lead time items they used as the project progresses. They also need
to be able to match what parts and materials they have in inventory with what they
need at a certain point in the project. You will not be able to do this with traditional
MRP, which does not allow parallel processes. Traditional MRP relies on product
structures, and as an ETO company, you do not have any static product structures.
While these equipment manufacturers or fabricators are not technically in the
contracting business, they will do well to implement strong contracting/subcon-
tracting functionality, because they often purchase assemblies or subassemblies from
other companies. They can operate more as systems integrators than companies that
own all of their own technology. That means their needs in the area of product data
management are much more complex, since they need to maintain specifications and
information not only for what they fabricate but for the technology and components
they purchase from others. They also need technology that facilitates innovation so
that, working with their extended supply chain and subcontractors, they can develop
new products as the market requires.
Like services companies, equipment companies will want to be prepared for an
eventual, opportunistic, move into at least some aspects of EPC or aftermarket
service. One valuable asset the equipment manufacturer has, particularly if they
have powerful PDM capabilities, is in-depth knowledge of the equipment asset
installed on the customer site. More and more of these equipment manufacturers are
expanding their business model beyond simple fabrication and into aftermarket
service by selling maintenance contracts, parts or other services for installed systems,
turning that product data into an ongoing revenue stream. But this paradigm shift
requires supporting technology that goes beyond what the equipment company may
currently require, so it would be very smart if executives in these firms ensured that
their technology platforms could easily be expanded to allow for service manage-
ment and maintenance functionality.
CONCLUSION
Many suppliers to the oil and gas industry went through a software selection prior
to the turn of the century in an effort to avoid problems associated with Y2K.
Unfortunately, in 1998 or 1999, application suites designed to meet the specific
8. 6
SELECTING ERP FOR OIL AND GAS INDUSTRY CONTRACTORS AND VENDORS
needs of the industry did not exist. Many companies chose and implemented
traditional manufacturing solutions that were a poor fit for their complex project
business processes, or opted for an assortment of point solutions that result in a
fragmented IT infrastructure and disjointed business processes. Others developed
their own homegrown solutions that lack the reliability, 24-7 support and flexibility
of modern, SOA-driven technology. The lack of industry-appropriate enterprise
project software has reduced the efficiency of these companies over the years. It is
hurting them now as they try to adapt to a more competitive market and it will
prevent them from pursuing new revenue streams in the future. Fortunately, today,
project-enabled offerings are available that cater to the specific needs of the industry.
The above points should help executives in these companies understand how these
offerings can help them adjust to current market demands and identify the best
enterprise application for their business.
Magne Halvorsen is Senior Business Analyst with IFS AB, the global enterprise software company.
In this capacity, Halvorsen helps companies involved in engineer, procure construct (EPC) and
other complex business models meet their enterprise software needs with IFS Applications.
He has deep experience in Shipbuilding and Oil & Gas industries. He has held multiple advisory
positions with IFS’ global and Scandinavian operations. Halvorsen holds a Master of Science
Degree in Production Engineering from Narvik University College, Norway. He has previously
worked as Manager of IT Planning for Kongsberg Maritime, a supplier of electronics to the
shipping, offshore, oil & gas, subsea, navy, coastal marine and fisheries, maritime training,
port and harbor surveillance industries.