Petro Well Services selects Addovation and IFS Applications™ 9

Petro Well Services AS to optimize onshore and offshore business operations in two regions.

Addovation and IFS announce that oilfield services company Petro Well Services will implement IFS Applications™ 9 to streamline operations. The solution was sold and will be implemented by IFS’s Scandinavian partner Addovation, a member of the IFS Partner Network. It will be deployed as a cloud solution on Microsoft Azure.

Petro Well Services AS is a provider of a cost efficient, innovative rig concept for Plug & Abandonment of offshore oil wells to significantly reduce Oil Operators’ total platform decommissioning costs.

Following a thorough evaluation, the company decided to implement IFS Applications™ 9 in Norway and Scotland to optimize key processes within the company, creating a more effective and transparent supply chain and building a closer connection to the customers. This will be achieved by using IFS Applications™’ powerful support for supply chain management, finance, HR, projects, maintenance, and sales & service. Petro Well Services will be using several of the new IFS Applications™ 9 features, including preconfigured IFS Lobbies.

By deploying IFS’s preconfigured industry solution for Offshore Service, the company will benefit from a rapid and cost-effective implementation process with a go-live date in December this year.

“IFS and Addovation have a proven track record within the Oil & Gas industry and were chosen because IFS Applications™ is able to solve all our needs within one integrated standard solution,” Samuel Murén, CEO of Petro Well Services AS said. “Our processes are quite complex, and IFS Applications™ will enable us to manage those easily and with great transparency across the organization. The rapid and cost-effective implementation process, thanks to preconfigured industry templates, was also a key reason for choosing IFS.”

Glenn Arnesen, CEO of IFS Scandinavia added, “This is a great win for IFS and our partner Addovation. It is also a testament to our ongoing success in the oil and gas industry and how we continue to deliver a fully integrated ERP solution using a cost-effective implementation concept.”

IFS’s long-term goal is to strengthen its partner network to boost sales to small and mid-sized companies as well as large enterprises. IFS has entered into a number of new partnerships with resellers in the past year. Petro Well Services is yet another customer that joins IFS through such a partner, proving that IFS’s partner strategy benefits both customers and IFS.