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According to SAP and Accenture, parties want to help the oil and gas industry with solutions that should benefit the upstream parts of these companies.

The upstream departments of oil and gas companies are mainly concerned with the search for new oil and gas stocks and the development of methods for exploiting these stocks.

Insight into operations and cash flow

Concretely, the collaboration between the ERP specialist and the consultants will consist of developing solutions that, among other things, provide more insight into operations and cash flow within the upstream oil and gas sector. These solutions should also remove all kinds of complexity.

According to SAP and Accenture, the solutions must use technology as artificial intelligence. It goes without saying that the SAP S/4HANA cloud platform will also be used for the solutions.

Consortium

Both parties also work together with a consortium of companies from the oil and gas industry, including Shell, BO, Chevron, ConocoPhillips and Equinor. The collaboration with this consortium of companies should lead to pre-configured standardised end-to-end processes being included in the SAP and Accenture solutions.