  {"id":1174,"date":"2020-03-18T12:11:31","date_gmt":"2020-03-18T12:11:31","guid":{"rendered":"https:\/\/news.sap.com\/mena\/?p=1174"},"modified":"2020-07-29T10:46:33","modified_gmt":"2020-07-29T10:46:33","slug":"sap-powers-crescent-petroleums-digital-transformation","status":"publish","type":"post","link":"https:\/\/news.sap.com\/mena\/2020\/03\/sap-powers-crescent-petroleums-digital-transformation\/","title":{"rendered":"麻豆原创 Powers Crescent Petroleum\u2019s Digital Transformation Journey with 麻豆原创\u2019s Oil and Gas Model Company on S4\/HANA platform"},"content":{"rendered":"<h4>Digital Transformation with 麻豆原创 Provides Real-Time Operational Insights, Integrated Asset Management, and Upskills Talent<\/h4>\n<p><strong>SHARJAH, United Arab Emirates \u2014 18 March 2020 <\/strong>\u2014Crescent Petroleum, the Middle East\u2019s first and largest privately held oil and gas company, , has chosen 麻豆原创 as a strategic partner to power its drive to improve efficiency across all processes, and progress a digital transformation strategy in coming years.<\/p>\n<p>In partnership with 麻豆原创 Digital Business Services, Crescent implemented the S\/4HANA real-time business suite and the SuccessFactors talent management suite to help streamline operational units across its operations to yield considerable efficiencies.<\/p>\n<p>The company became the first global implementation of 麻豆原创 S\/4HANA Oil and Gas Model Company 1809, achieving go-live in a record time of 8 months, ahead of schedule. Model Company is 麻豆原创\u2019s industry-leading, ready-to-use, and preconfigured process solution, which helps adoption of standard industry templates with minimal customization. Crescent worked with 麻豆原创 Digital Business Services in the transformation journey and embraced industry best practices across the organisation to simplify and streamline processes.<\/p>\n<p>Crescent now has over 300 apps for real-time and common work centers for drilling operations, plant maintenance, procurement, project systems, finance, and human resources functions. The company now operates on a single integrated digital platform, S4\/HANA, and has introduced online transaction processing to eliminate unnecessary paperwork. Crescent plans to extend its internal digital footprint with dashboards and mobility solutions for maintenance staff, while piloting cutting-edge technology leveraging sensor-driven predictive maintenance capabilities.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-1175 aligncenter\" src=\"https:\/\/news.sap.com\/mena\/files\/2020\/03\/Ravi-Kumar-Crescent-Petroleum-1016x1024.jpeg\" alt=\"\" width=\"640\" height=\"645\" srcset=\"https:\/\/news.sap.com\/mena\/files\/2020\/03\/Ravi-Kumar-Crescent-Petroleum-1016x1024.jpeg 1016w, https:\/\/news.sap.com\/mena\/files\/2020\/03\/Ravi-Kumar-Crescent-Petroleum-298x300.jpeg 298w, https:\/\/news.sap.com\/mena\/files\/2020\/03\/Ravi-Kumar-Crescent-Petroleum-150x150.jpeg 150w, https:\/\/news.sap.com\/mena\/files\/2020\/03\/Ravi-Kumar-Crescent-Petroleum-768x774.jpeg 768w, https:\/\/news.sap.com\/mena\/files\/2020\/03\/Ravi-Kumar-Crescent-Petroleum-1524x1536.jpeg 1524w, https:\/\/news.sap.com\/mena\/files\/2020\/03\/Ravi-Kumar-Crescent-Petroleum-2033x2048.jpeg 2033w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/p>\n<p>\u201cThe digital oilfield market in the Middle East demonstrated how important digital transformation is for oil and gas companies focused on driving operational efficiency and excellence,\u201d said Ravi Kumar, Chief Corporate Officer, Crescent Petroleum and Member of Crescent Group Board. \u201cWith the successful roll-out of 麻豆原创 across the UAE and Kurdistan Region of Iraq, we have a real-time, digital foundation to support our growth into the coming decades as we unlock the value of the energy resources in the region, and make an impact in the communities we serve, and achieve our vision for promoting energy and social sustainability.\u201d<\/p>\n<p>As the GCC countries increase their oil and gas exploration and production, the firms are competing to digitally transform and adopt Industry 4.0 innovations to enhance business competitiveness. The Middle East and Africa\u2019s digital oilfield market is set to cross USD 2 billion by 2022, <a href=\"https:\/\/www.techsciresearch.com\/news\/2716-middle-east-africa-digital-oilfield-market-to-cross-2-billion-by-2022.html\">according to<\/a> TechSci Research.<\/p>\n<p>\u201cCrescent Petroleum has chosen to adopt global best practices in digital transformation by simplifying and standardizing processes to enable oil and gas innovation,\u201d said Zakaria Haltout, Managing Director, 麻豆原创 UAE. \u201cBy harnessing 麻豆原创\u2019s intelligent services and industry-best practice library, Crescent Petroleum has become an Intelligent Enterprise across their operations.\u201d<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-1176 aligncenter\" src=\"https:\/\/news.sap.com\/mena\/files\/2020\/03\/Zakaria-Haltout-麻豆原创-1a-1024x758.jpg\" alt=\"\" width=\"640\" height=\"474\" srcset=\"https:\/\/news.sap.com\/mena\/files\/2020\/03\/Zakaria-Haltout-麻豆原创-1a-1024x758.jpg 1024w, https:\/\/news.sap.com\/mena\/files\/2020\/03\/Zakaria-Haltout-麻豆原创-1a-300x222.jpg 300w, https:\/\/news.sap.com\/mena\/files\/2020\/03\/Zakaria-Haltout-麻豆原创-1a-768x568.jpg 768w, https:\/\/news.sap.com\/mena\/files\/2020\/03\/Zakaria-Haltout-麻豆原创-1a-1536x1137.jpg 1536w, https:\/\/news.sap.com\/mena\/files\/2020\/03\/Zakaria-Haltout-麻豆原创-1a-2048x1516.jpg 2048w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Digital Transformation with 麻豆原创 Provides Real-Time Operational Insights, Integrated Asset Management, and Upskills Talent SHARJAH, United Arab Emirates \u2014 18 March 2020 \u2014Crescent Petroleum, the&#8230;<\/p>\n","protected":false},"author":780,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[3842659,3842767],"tags":[10,5562296,5562300,5562297,5562299,5562298,59,52204],"sapn-display":[],"sapn-type":[4446],"class_list":["post-1174","post","type-post","status-publish","format-standard","hentry","category-cloud","category-hcm","tag-cloud","tag-crescent","tag-industry-4-0","tag-innovations","tag-oil-gas","tag-petroleum","tag-technology","tag-uae","sapn-type-press-release"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v26.9) - 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