The Oil and Gas Industry is faced with several challenges including price volatility, uncertain energy policy, cost containment, worsening fiscal terms and day to day operational challenges. Success requires the ability to respond quickly and efficiently to these dynamic conditions. Upstream companies are challenged by severe resource constraints while struggling to increase production and replace proven reserves. Meanwhile, downstream companies are facing working capital and margin pressures.
The processes and systems involved in exploration, production, refining and marketing, oil and gas are highly complex, capital-intensive and require state-of-the-art technology. Needless to say that the Oil and Gas companies are pressurized to adapt to dynamic technological advancements, increase productivity and yet keep costs under control. This brings forward the urgent need for a higher-than-ever degree of collaboration and data-driven decision-making to optimize costs and maximize effectiveness and efficiency.
We understand the unique O&G value chain, providing solutions spanning complex engineering in the upstream, and customer responsive business solutions in the retail and marketing segment. Pranitec leverages deep capabilities in ERP implementation and management, IT Infrastructure, Custom Applications, Engineering services and Business Process Outsourcing to provide global delivery to clients. Pranitec is recognized in the niche area of business benefits-led outsourcing programs with the ability to offer committed year-on-year productivity on not just IT SLAs and KPIs but also on the key indicators that drive the Oil and Gas companies.
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