Joint ventures

The power of collaboration

Oil and gas companies have always entered into joint ventures to protect and grow their businesses. Today, collaboration has become an increasingly important aspect of their joint venture strategies and management. Collaboration ensures better knowledge, decision-making, governance, security and compliance when it comes to handling multiple, complex joint venture relationships.

CGI understands the joint venture life cycle and the role of collaboration in improving joint venture success. We apply innovative collaboration technologies, tools and processes to drive quick, pragmatic and business-oriented results in joint venture management for major oil and gas companies across the globe.

What we offer

CGI offers an industry-leading, cloud-based collaboration solution for joint ventures called License2Share. License2Share brings together joint venture parties with disparate applications, processes and data to form a single, secure collaboration platform.

Through role-based dashboards, License2Share enables joint venture administrators to manage and share licenses throughout the joint venture life cycle. The dashboard allows information to be shared securely on a need-to-know basis. Roles (for committees, groups and individual users) and authorization levels are easy to set up and manage, and shared content is organized in a way that makes reporting fast and efficient. When reports need to be run, data from multiple sources (e.g., exploration and production) can be accessed, aligned, transformed and shared with all authorized parties, including authorities.

License2Share transforms joint venture management, removing the risks of working in isolation and delivering all of the benefits of enhanced collaboration. Through License2Share, our clients gain the following advantages:

• Enhanced collaboration on workflows, events, compliance, document sharing and data management
• Increased data integrity, visibility, access and security
• Greater information process efficiencies
• Content management of different document types throughout their life cycle
• Better governance and flexibility with regard to regulatory compliance
• Easy-to-use, consistent interfaces across multiple ventures and partners

Why CGI?

CGI has decades of experience in the oil and gas industry and specialized expertise in designing, developing and implementing collaboration solutions, including knowledge management strategies and initiatives, enterprise content management, and web portals for major oil and gas companies across the globe.

We developed the industry standard solution for personnel movements in the North Sea following the Pipe Alpha disaster, called VantagePoB. And, our License2Share platform is based on more than a decade of experience in working with joint ventures.

Today, License2Share is in use by more than 7,500 joint venture administrators and manages licenses for more than 500 joint ventures.