Subscribe to Newsletter

logo

  • News
  • Projects
  • Business and Finance
  • Trending
  • Business Insight
  • Events
  • Online Magazine
  • Advertise
  • Contact
Home
  • News
  • Projects
  • Business and Finance
  • Trending
  • Business Insight
  • Events
  • Online Magazine
  • Advertise
  • Contact
Quotes by TradingView

Australia oil and gas operators turn to IFS to navigate challenges and stay ahead

01 Apr, 2019
IFS Australia and New Zealand Managing Director Warren Zietsman


From balancing natural gas and renewables market forces to the lack of gas supply in the east coast of Australia, the changing waves in the market are driving organisations to look at ways to improve asset management and sail through with improved cost efficiency.

For organisations that are impacted by external factors including commodity prices, IFS Australia and New Zealand Managing Director, Warren Zietsman, says operational intelligence can provide numerous benefits.

“This intelligence will tell you what you need to know in real-time, give you suggestions for decision support and help you act,” Mr Zietsman said.

“Delays in action and decisions will leave organisations vulnerable to external risks.”

MMA Offshore Limited (MMA) operates over 30 vessels throughout Australia and internationally and since implementing specialised oil and gas solutions software, IFS Applications™, the company now has a single source of information across its business. Despite a collapse of oil prices in 2015, the company maintained a 2 per cent net profit growth of over AUD 55M.

The solutions demonstrated how it could achieve ABS compliance for vessels and provide offline access to maintenance systems.

“All the key user groups were won over by IFS’s ease of use,” said Jon Fowler, GM of IT for MMA.

“It also got ticks for ease of configuration, and ongoing maintenance and support. We wanted to get up and running quickly, and with IFS we are now more self-sufficient.”

“For Suez (formerly Process Group Australia), our solution allowed them to manage projects efficiency, improve service quality and double their capacity within a year of implementation,” Mr Zeitsman added.

“Machine learning and advanced analytics with the IFS IoT Business Connector enables critical decision-making in maintenance and supply management in a market-driven in large part by fluctuating commodity prices and supply. These insights can future proof operations through all cycles.”

Find out more information on IFS Oil & Gas solutions here.

Related Articles

APLNG cuts LNG contract price for Sinopec

APLNG cuts LNG contract price substantially for Sinopec

Tamboran advances Shenandoah South project financing

Tamboran advances Shenandoah South project financing

Omega accelerates Canyon appraisal after successes

Omega accelerates Canyon appraisal after successes

Wood secures FEED contract for major US natural gas pipeline project

Australia’s global gas investment edge is slipping away

Comments

Leave a comment Cancel reply

You must be logged in to post a comment.

Breaking

  • News
  • Projects
  • Trending
12 Jun

APLNG cuts LNG contract price substantially for Sinopec

10 Jun

Worley selected for Alaska LNG pipeline engineering

05 Jun

Australia’s global gas investment edge is slipping away

04 Jun

Queensland LNG operators win top AEP excellence award

04 Jun

Queensland releases new land for gas exploration

05 Jun

Venture Global begins work on CP2 LNG in the US

05 Jun

Government approves Geelong LNG terminal project

05 Jun

Tamboran advances Shenandoah South project financing

05 Jun

Omega accelerates Canyon appraisal after successes

30 May

Sinopec sets ultra-deep shale gas record in China

09 Apr

The decommissioning challenge: How Australia and the UK can collaborate for success

14 Feb

Risks of subsea operations necessitate project lifecycle assurance

13 Feb

Global bunkering sees steady growth as demand rises

12 Feb

Offshore well integrity risk drives urgency for effective decommissioning regime

11 Feb

The role of Australia’s oil and gas sector shifts as energy markets make new demands

Online Magazine

    Current Cover
  • Login
  • Subscribe

Subscribe

Subscribe to Newsletter

Our Titles

  • Share on Newsletter
  • Share on LinkedIn
  • Share on Twitter
  • Share on Facebook
  • Home
  • Contact Us
  • Terms and Conditions
  • Privacy
© Sage Media Group 2025 All Rights Reserved.
×
Authorization
  • Registration
 This feature has been disabled
 This feature has been disabled until further notice, however you may still register
×
Registration
  • Autorization
Register
* All fields required