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.
CGI offers an industry-leading, cloud-based collaboration solution, License2Share (L2S), that brings together joint venture parties with disparate applications, processes and data to form a single, secure collaboration platform. Through role-based dashboards, L2S enables joint venture administrators to manage and share licenses throughout the joint venture life cycle. L2S transforms joint venture management, removing the risks of working in isolation and delivering all of the benefits of enhanced collaboration. Learn more about L2S.
For North American operations, CGI’s X2R FAS financial accounting modules provide effective tools for accountants to administer oil and gas financial and operations data, as well as joint venture accounting of oil and gas and trust organizations. Learn more about X2R FAS.
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. Additionally:
- Since 2009, CGI has developed, maintained and operated the cloud-based License2Share (L2S) with the Exploration & Production Information Management Association.
- CGI's Exploration2Revenue (X2R) Business Suite delivers robust solutions for joint venture, land and production management using mobile, digital and cloud technologies.
- 95% of all UK oil and gas offshore personnel movements are tracked by VantagePoB, a widely used health, safety and environmental (HSE) workforce management solution developed by CGI.
Statoil extends outsourcing contract with CGI