The innovator’s innovator
At IBM, we pride ourselves of being the innovator’s innovator. Thinking ahead and outside the box to combine and support business with technology is what drives our research and strategic solutions for our clients. We have delivered innovative solutions to the major players in the petroleum industry, such as ABB, Aker Solutions, BP, ChevronTexaco, ConocoPhillips, ExxonMobil, Schlumberger (Western Geco), Halliburton, Gassco, Statoil and Shell.
IBM Institute for Business Value
Leading edge thinking and practical insights for business executives
The IBM Institute for Business Value is comprised of more than 50 consultants who conduct research and analysis across multiple industries and functional disciplines. The institute has a worldwide presence, drawing on consultants in eleven countries to identify issues of global interest and to develop practical recommendations with local relevance.
Recent IBM IBV Chemicals & Petroleum studies:
Oil and gas 2030
Meeting the growing demands for energy in the coming decades
IBM Global Business Services, through the IBM Institute for Business Value, develops fact-based strategic insights for senior executives around critical public and private sector issues. This executive report is based on an in-depth study by the Institute’s research team. It is part of an ongoing commitment by IBM Global Business Services to provide analysis and viewpoints that help companies realize business value.
IBM’s role in a Global C&P Market
Vast global changes
The oil and gas industry face huge global changes. Tight competition in a growing market combined with fewer oil discoveries force companies to reduce their costs and speed up time consuming activities within exploration and production. Oil explorations and production are also broadened to a bigger global context and on remote locations, which stress the need for efficient logistics. On top of that, valuable knowledge is bound to get lost with an ageing work force ready for retirement.
IT plays a crucial role in the new C&P market
These challenges have increased the need for partners in the IT-industry. This is where IBM plays a crucial role. We implement new and innovative technology to face the industry’s challenges. Remote real time supervision and installation management combined with measures to increase productivity, efficiency and avoid production halts are only some of the examples where we can support the oil and gas industry:
- Of the world’s top 40 oil and gas manufacturers, the 21 largest were IBM customers
- We have 60,000 consultants around the globe and 3,000 of these are industry specialists
- We develop and deliver solutions to realize Intelligent Oil Fields (IOF).
- Based on Integrated Operations, we help clients to discover new oil fields, optimize utilization of existing oil reserves, increase productivity on oil installations, reduce costs and at the same time maintain sound safety routine