Monday, February 3, 2020

Awilco Drilling selects ERP solution from IFS to power state-of-the-art rig fleet

New digital backbone includes IoT solution that will empower Awilco Drilling to transform its business operations and achieve growth targets

London, January 23, 2020 – IFS, the global enterprise applications company, announces that Awilco Drilling, a North Sea drilling contractor has selected IFS Applications™ to support its new-build program for two sixth-generation, harsh-environment semi-submersible rigs.

With two state-of-the-art hybrid rigs under construction and two more sister rigs as options, Awilco Drilling aims to become the most digital and environmentally friendly drilling operator in the North Sea.  

To support this plan, the company chose to partner with IFS, based on ERP vendor’s long and successful track record in the oil and gas industry as well as the robust industry-specific capabilities of IFS Applications. The IFS solution, which will support more than 500 users, includes support for mission-critical processes including maintenance, project management, financials, supply chain, procurement, document management, and human capital management (HCM). The solution also include IFS Replication, a tool to manage data synchronization between onshore headquarters and offshore units. 

The solution also features IFS IoT Business Connector™, which will empower Awilco Drilling to capture and analyze asset data transmitted by sensors installed on the rigs. Each rig is equipped with a multitude of sensors, capable of feeding data on the condition of the rigs into IFS Applications. This will enable Awilco to aggregate relevant operational data to make informed decisions and trigger predictive maintenance activities to lower operations costs.

“We are in the process of establishing an effective, efficient and robust concept to support the operation of our new high-efficiency ECO newbuilds, and IFS will be an essential building block,” said Awilco Drilling CEO, Jens Berge. “After a thorough assessment, we concluded that IFS was the most suitable ERP system for us. We look forward to working closely with IFS to establish an optimal system to support our ambitious business plans.”

Elni Kullmer, IFS Managing Director, Nordics, added, “We have a long track record of empowering offshore drilling companies and are thrilled to be part of Awilco Drilling’s transformational journey, which will leave them equipped with market-leading business applications and technology to make smarter and faster decisions. Digitalization and automation have the potential to revolutionize business outcomes in the asset-intensive and project-driven oil and gas sector, and IFS has the tools and the know-how to bring these in to reality.”

Learn more about how IFS supports oil and gas businesses at www.ifs.com/corp/industries/energy-utilities-and-resources/oil-and-gas/.

About Awilco Drilling

Awilco Drilling PLC is a North Sea Drilling Contractor, owning and operating Harsh Environment Semi-Submersible rigs. The Company has two new Moss Maritime CS60 ECO MW drilling rigs on order from Keppel FELS, Singapore, with options for two further sister rigs. Compliant for the NCS, including the Barents Sea, these high-specifiation rigs will offer the latest and most comprehensive digital technology and equipment offshore, enabling highly efficient operations with the lowest environmental footprint. In addition to its newbuilds, Awilco Drilling PLC also owns two UK compliant 3rd generation drilling rigs, the WilPhoenix and the WilHunter. The Company is registered in England & Wales, and has offices/operations based in Stavanger, Norway and Aberdeen, UK. https://awilcodrilling.com/

About IFS 

IFS develops and delivers enterprise software for customers around the world who manufacture and distribute goods, build and maintain assets, and manage service-focused operations. The industry expertise of our people and solutions, together with a commitment to delivering value to every one of our customers, has made IFS a recognized leader and the most recommended supplier in our sector. Our team of 3,700 employees and growing ecosystem of partners support more than 10,000 customers around the world challenge the status quo and realize their competitive advantage. Learn more about how our enterprise software solutions can help your business today at ifs.com.

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