Sørco AS has selected IFS Applications to support growth and expand the business into more complex delivery projects. The contract includes licenses and consulting services. Project-centric Sørco AS, headquartered in Norway and with a subsidiary in Poland, operates in the Norwegian oil and gas sector. The company, whose core competence is design and project management, specializes in modifying oil and gas facilities in operation.
Sørco has moved from being a supplier of engineering services toward being a supplier of complete and larger Engineering, Procurement and Construction (EPC) projects. This means moving toward much higher requirements for control of the five key project-centric elements; time, risk, cost, cash and resources.
In line with this strategy, Sørco has bought IFS/Engineering Register to update and harmonize its IT solutions for EPC projects. This project started in January and will be finished in June.
"IFS is well-known in our industry for broad engineering capabilities and standard integration tools, and comes with a setup based on NORSOK (Norsk Sokkels Konkurranseposisjon)," Sørco AS Vice President EPCIC Njål Selsvik said. "In addition to functionality, IFS’ extensive experience in our industry was important. The functionality in IFS/Engineering Register is comprehensive, and the solution can easily scale with more EPC functionality, which we plan to implement during 2009. When talking to existing IFS customers, we learned that IFS has proven itself as a competent business applications partner with skilled consultants and a good product fit for our industry."
The solution from IFS provides a set of integrated tools for managing project assets. It facilitates easy navigation through engineering structures, for example, functional or location breakdowns of structures, and provides efficient functionality for creating and maintaining project asset information. Aimed at engineering contractors, consultants and operators, it also supports the documentation and engineering of facilities in offshore industries and land-based process plants.
IFS/Engineering Register also supports process, electrical, instrumentation and AEC/piping engineering for the full lifecycle of a project, from pilot study through basic design, basic and detailed engineering and commissioning, to operation and maintenance. It supports the design of both large new-build and modification projects. NORSOK Base Configuration is available for fast-track implementations. The software will be the master for all engineering data in a project and will have standard tools to export and import data to and from other systems.
"IFS continues to gain momentum in the Oil & Gas industries because we provide an industry-specific solution that supports contractors’ key requirements for efficient EPC processes with a standard package," IFS Scandinavia Managing Director Glenn Arnesen said.