Achieving High Performance in the Energy Industry
Achieving High Performance in the Energy Industry
Achieving High Performance in the Energy Industry
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Services and solutions for energy companies<br />
Backed by our <strong>in</strong>dustry research and experienced consultants, Accenture provides a<br />
broad set of services <strong>in</strong>clud<strong>in</strong>g consult<strong>in</strong>g, technology and outsourc<strong>in</strong>g services. We<br />
have identified 12 high-value opportunity areas that are particularly relevant to energy<br />
companies.<br />
Strategy services<br />
The day-to-day management of an<br />
oilfield services or energy bus<strong>in</strong>ess has<br />
grown <strong>in</strong>creas<strong>in</strong>gly challeng<strong>in</strong>g, and<br />
long-term plann<strong>in</strong>g requires acute vision,<br />
strategy and execution. Key strategy<br />
services that Accenture provides to<br />
<strong>in</strong>ternational and national oil companies<br />
<strong>in</strong>clude:<br />
Portfolio management<br />
Looks at asset portfolios, often seek<strong>in</strong>g<br />
<strong>in</strong>sight with regard to new operat<strong>in</strong>g<br />
models, new leadership capabilities and<br />
<strong>in</strong>novative ways to help ensure lead<strong>in</strong>g<br />
practices flow between new configurations<br />
of assets.<br />
Risk management<br />
Uses risk-adjusted performance<br />
management methods and tools to help<br />
clients protect and <strong>in</strong>crease economic<br />
and shareholder value.<br />
Renewables/clean energy strategy<br />
Focuses on help<strong>in</strong>g clients understand<br />
and assess low-carbon technologies<br />
with<strong>in</strong> <strong>the</strong> context of <strong>the</strong> wider energy<br />
ecosystem, <strong>in</strong>clud<strong>in</strong>g technology<br />
development, government policy and<br />
consumer preferences.<br />
8<br />
Operational improvement<br />
services<br />
Maximiz<strong>in</strong>g <strong>the</strong> effectiveness, efficiency<br />
and safety of assets is a key focus area for<br />
energy companies. In operations, Accenture<br />
focuses on five key improvement areas for<br />
energy clients:<br />
Time to first oil/gas<br />
Assists clients with manag<strong>in</strong>g <strong>the</strong>ir<br />
capital projects to get to first oil or gas<br />
on time and with<strong>in</strong> budget by maximiz<strong>in</strong>g<br />
<strong>the</strong> processes, read<strong>in</strong>ess requirements and<br />
decision mak<strong>in</strong>g throughout <strong>the</strong> capital<br />
project life cycle.<br />
Production optimization<br />
Seeks to maximize <strong>the</strong> value of current<br />
production <strong>in</strong>frastructure.<br />
Plant optimization<br />
Focuses on optimiz<strong>in</strong>g ref<strong>in</strong>eries and plants<br />
<strong>in</strong>clud<strong>in</strong>g ma<strong>in</strong>tenance, reliability and<br />
safety concerns.<br />
Commercial optimization<br />
Seeks to manage <strong>the</strong> complex and <strong>in</strong>terrelated<br />
decisions spann<strong>in</strong>g <strong>the</strong> entire hydrocarbon<br />
value cha<strong>in</strong>—from crude supply and<br />
trad<strong>in</strong>g, through ref<strong>in</strong><strong>in</strong>g, product supply<br />
and trad<strong>in</strong>g, logistics and distribution,<br />
wholesale and retail market<strong>in</strong>g.<br />
Operations/<strong>in</strong>tegrity management<br />
Develop<strong>in</strong>g operat<strong>in</strong>g models and<br />
processes that l<strong>in</strong>k action oriented risk<br />
management plans with operational<br />
performance metrics and accountability.<br />
Functional services<br />
We provide oil and gas companies with<br />
capabilities to manage and improve<br />
enterprisewide corporate functions so<br />
<strong>the</strong>y can focus on <strong>the</strong>ir core bus<strong>in</strong>esses.<br />
Key functional services <strong>in</strong>clude:<br />
Integrated supply cha<strong>in</strong><br />
Focuses on streaml<strong>in</strong><strong>in</strong>g and <strong>in</strong>tegrat<strong>in</strong>g<br />
supply cha<strong>in</strong> processes and systems based<br />
on shared data sources, enabled by lateral<br />
cooperation across <strong>the</strong> organization. It<br />
covers all components and functions associated<br />
with supply cha<strong>in</strong> activity <strong>in</strong> <strong>the</strong><br />
non-hydrocarbon value cha<strong>in</strong>, <strong>in</strong>clud<strong>in</strong>g<br />
capital project activities.<br />
F<strong>in</strong>ance transformation<br />
Assists f<strong>in</strong>ance executives with a<br />
significant change agenda to streaml<strong>in</strong>e<br />
<strong>the</strong> front- and back-office f<strong>in</strong>ance<br />
organization, and standardize systems,<br />
processes and data. This <strong>in</strong>cludes<br />
governance and support through<br />
transformation phases, while determ<strong>in</strong><strong>in</strong>g<br />
<strong>the</strong> best tools and analytics to support<br />
<strong>the</strong> organization.<br />
IT Transformation<br />
Improves IT performance via large-scale<br />
changes to culture, processes and<br />
technology.<br />
Process-led enterprise solutions<br />
Enable organizations to choose, design,<br />
build and implement an end-to-end<br />
process-led ERP solution. The services<br />
<strong>in</strong>clude <strong>the</strong> full ERP life cycle, rang<strong>in</strong>g from<br />
ERP strategy, operat<strong>in</strong>g model design, ERP<br />
solution design, implementation and operation.<br />
The process-led approach enables<br />
tight alignment with bus<strong>in</strong>ess priorities,<br />
maximiz<strong>in</strong>g bus<strong>in</strong>ess value potential.