Participants in the oil and gas exploration and production industry operate in very complex environments. Large capital expenditures are expected to be invested over the next 20 years as the demand for energy more than doubles. To deal with this increased demand, the oil and gas supply chain must react with innovation, speed and precision on a scale not ever attempted before.

Siemens is a world leader and innovator in the energy industry. Siemens PLM Software works with owner/operators and equipment manufacturers, as well as architecture, engineering, construction and procurement companies in the oil and gas industry who have embraced our product lifecycle management (PLM) platform for engineering collaboration, innovation and information management. Our solutions are used to make smarter decisions about resources, project management capabilities, optimizing logistics initiatives and decreasing costs for oil and gas operations and maintenance.

Managing the delivery of complex projects with the highest security and traceability is our specialty, a result of decades of work in aerospace, defense and automotive industry supply chains. For the oil and gas industry, Siemens PLM Software provides a unified document and records management platform to ensure a single authoritative source of product, plant process and project information management throughout the lifecycle. Our customers have been able to achieve real business value improvements in key operational areas:

• Greater productivity through effective management of complex projects throughout the lifecycle with visibility, security and confidence
• Digital information and document management including management of various 3D computer-aided design (CAD) formats
• Process and change management to support capital project delivery
• Supply chain management including portals for supplier collaboration, document management and change management
• Improvement in operations and maintenance cost management with accurate and up-to-date information for mission critical decisions that impact oil and gas maintenance costs
• Innovative, graphical employee health and safety (EH&S) applications to ensure employees understand procedures and can perform tasks in the safest manner possible
• Equipment design and manufacturing process optimization so that long lead items and mission-critical components get delivered to clients as promised
• Simulation and visualization tools to drive cost reduction in project logistics and supply chain management
• ISO-certified, open tools to drive standardized processes, intellectual property capture and re-use of oil and gas engineering information across products, plants, processes and projects