BW Offshore Selects IFS Project-Based Solutions

BW Offshore has selected IFS to provide business application solutions. In 2007 BW Offshore acquired Advanced Production and Loading AS (APL), a market leader in the development, fabrication and sale of turret mooring systems and related technologies for the oil and gas industry. APL has been an IFS customer since 2004, and BW Offshore aims to facilitate the merger and streamline the companies' business processes by standardizing on IFS Applications.

BW Offshore will implement the IFS project-based business applications to support its major business processes, including project management, material management, human resources, financials and after-sales. The objective is to have an integrated solution, covering all aspects of its business and improving project performance through increased control over the five key success factors for project-based companies; risk, cost, cash, time and resources. The add-on implementations have started in Brazil, and the next step is to continue with the Oslo office, and have the whole group consolidated on IFS Applications during Q2 2010.

BW Offshore SVP Corporate IT & Systems Fritz Ekloff said, "We chose to standardize on IFS Applications based on IFS' focus and knowledge from project-based industries, the rich project functionality of IFS Applications and its global consulting reach. We share the view on how to apply a standard business application solution in a project environment."

BW Offshore's customers include major national oil companies such as Statoil, Petrobas and PEMEX as well as major contractors/shipowners such as Aker-Solutions, PGS and Teekay.

IFS has a strategic focus on the suppliers to the oil & gas and maritime industries, with more than 400 project-driven customers. Customers include Heerema Fabrication Group, Grenland Group, Hertel, Babcock Engineering Services, Serimax, SMIT, Harland and Wolff, ShawCore, Dresser-Rand, Yantai Raffles, STX Europe, Advanced Production & Loading (APL), Sorco, Bergen Group Rosenberg, Hamworthy Gas Systems, RR Offshore, Rotary Engineering, and Shedden Uhde.