Schlumberger partners with IBM to offer integrated services to upstream oil and gas industry

US based firms Schlumberger and IBM have joined forces to offer integrated services for upstream oil and gas sector which are expected to improve production operations.

Schlumberger will be bringing in production optimisation services, upstream expertise, and Avocet production operations software platform for the integrated business, IBM will be bringing its enterprise asset management and enterprise services.

The collaborative offerings will help in improving productivity, efficiency and cost management across operational areas including production optimisation, flow assurance, logistics, scheduling, HSE, human resources, equipment monitoring and maintenance.

Schlumberger Software Integrated Solutions president Uwem Ukpong said: "Our customers have high expectations of the business impact of integrated production operations projects and in the current financial climate the demand for return on investment is stronger than ever.

"The alliance with IBM will drive production excellence beyond engineering to all work flows across the production operations business life cycle."

The unified service claimed to unify decision making environment allowing multidisciplinary solution teams to implement customised business offerings.

IBM Chemicals and Petroleum Industries general manager John Brantley said: "Traditional ways of doing business are being challenged and business process reengineering has become an absolute requirement.

"Schlumberger and IBM are coming together with a joint engagement model to deliver our clients a clear path to achieving operational excellence, through integrated enterprise and domain-specific business processes with collaborative, real-time intelligence for improved decision making in the oil and gas industry."

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Image: Schlumberger Solutions Center in Houston, Texas. Photo: courtesy of WhisperToMe / Wikipedia.