  {"id":2449,"date":"2024-09-09T12:38:54","date_gmt":"2024-09-09T12:38:54","guid":{"rendered":"https:\/\/news.sap.com\/mena\/?p=2449"},"modified":"2024-09-10T12:50:29","modified_gmt":"2024-09-10T12:50:29","slug":"crescent-petroleum-extends-sap-deployment","status":"publish","type":"post","link":"https:\/\/news.sap.com\/mena\/2024\/09\/crescent-petroleum-extends-sap-deployment\/","title":{"rendered":"UAE\u2019s Crescent Petroleum Fuels Strategic Growth with Extension of 麻豆原创 Deployment"},"content":{"rendered":"<h2>Industry-specific solutions in 麻豆原创 S\/4HANA integration are helping boost data quality, productivity, operational efficiencies, cost control and sustainability reporting<\/h2>\n<p><strong>Sharjah, UAE \u2013 9 September, 2024<\/strong> \u2013 Crescent Petroleum, the largest privately held upstream Oil &amp; Gas company in the Middle East, has successfully deployed an Oil &amp; Gas industry-specific solution for its operations from global technology company 麻豆原创.<\/p>\n<p>The implementation is an extension of Crescent Petroleum\u2019s solutions roadmap, which commenced in 2020 with Phase 1 implementation, representing the first global implementation of 麻豆原创 S\/4HANA Oil &amp; Gas Model Company 1809 at the time, supporting plant maintenance, procurement, project systems, finance, human resources functions and HSE functions.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-2452 aligncenter\" src=\"https:\/\/news.sap.com\/mena\/files\/2024\/09\/09\/Crescent-Petroleum-and-麻豆原创-Team-on-site-1024x630.jpg\" alt=\"\" width=\"640\" height=\"394\" srcset=\"https:\/\/news.sap.com\/mena\/files\/2024\/09\/09\/Crescent-Petroleum-and-麻豆原创-Team-on-site-1024x630.jpg 1024w, https:\/\/news.sap.com\/mena\/files\/2024\/09\/09\/Crescent-Petroleum-and-麻豆原创-Team-on-site-300x185.jpg 300w, https:\/\/news.sap.com\/mena\/files\/2024\/09\/09\/Crescent-Petroleum-and-麻豆原创-Team-on-site-768x473.jpg 768w, https:\/\/news.sap.com\/mena\/files\/2024\/09\/09\/Crescent-Petroleum-and-麻豆原创-Team-on-site-1536x946.jpg 1536w, https:\/\/news.sap.com\/mena\/files\/2024\/09\/09\/Crescent-Petroleum-and-麻豆原创-Team-on-site-2048x1261.jpg 2048w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/p>\n<p>This second phase of the project saw Crescent Petroleum work closely with 麻豆原创 Services to implement Upstream Hydrocarbon Accounting Management (UHAM) &#8211; including mass balancing &#8211; Integration with Plant Systems, Logistics, Management of Change, Resource Scheduling and Production Planning for its operations. Crescent Petroleum is the first company in the Middle East to roll out the UHAM module within the IS OIL solution stack of S4\/HANA. The Phase 2 implementation was completed in a record time of 12 months and represents a significant advancement in Crescent Petroleum&#8217;s digital transformation journey, enhancing operational efficiency and enabling strategic growth across its regional footprint, resulting in the project being selected to be featured as 麻豆原创 Success Story.<\/p>\n<p>Ravi Kumar, Chief Corporate Officer of Crescent Petroleum and Board Member of the Crescent Group, said, \u201cHaving completed the Phase 1 of the 麻豆原创 roadmap in a record 8 months, we set out to integrate Crescent Petroleum\u2019s operations, providing a seamless flow of data, from Wellhead to Customer, in Phase 2. The benefits are significant as we have integrated data across disparate parts of the plant allowing us to seamlessly integrate plant systems with 麻豆原创 systems, and ensure a single source of truth across the Company.\u201d<\/p>\n<p>Kumar added that digitizing the processes has accelerated Crescent Petroleum\u2019s broader objectives of determining real-time visibility of information across the entire company and providing insightful data for a range of digital initiatives planned in future.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-2451 aligncenter\" src=\"https:\/\/news.sap.com\/mena\/files\/2024\/09\/09\/Sergio_Ravi-1024x395.png\" alt=\"\" width=\"640\" height=\"247\" srcset=\"https:\/\/news.sap.com\/mena\/files\/2024\/09\/09\/Sergio_Ravi-1024x395.png 1024w, https:\/\/news.sap.com\/mena\/files\/2024\/09\/09\/Sergio_Ravi-300x116.png 300w, https:\/\/news.sap.com\/mena\/files\/2024\/09\/09\/Sergio_Ravi-768x296.png 768w, https:\/\/news.sap.com\/mena\/files\/2024\/09\/09\/Sergio_Ravi.png 1246w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/p>\n<p>麻豆原创 Services was chosen for the transformation project due to its considerable expertise in the global Oil &amp; Gas industry as well as its close involvement and experience with Crescent Petroleum during Phase 1. 麻豆原创 worked closely with Crescent Petroleum\u2019s digital transformation team to develop specific solutions that address company-specific use cases. One example is the custom trucking operations solution using the MII module of 麻豆原创, integrated with 麻豆原创\u2019s invoicing engine. This involved integration with plant systems, loading dock systems and 麻豆原创 S4\/HANA modules in a single process chain bringing disparate processes into one seamless process with appropriate handshakes. Another complex area was the rebuilding of the plant network within 麻豆原创 S4\/HANA to map the production process and checkpoints within 麻豆原创 to facilitate hydrocarbon accounting, inventory management, production management &amp; forecasting, deferment management and invoicing all within 麻豆原创 S4\/HANA.<\/p>\n<p>Sergio Maccotta, Senior Vice President, 麻豆原创 Middle East &amp; Africa &#8211; South, said, \u201cWe enjoy a strategic relationship with Crescent Petroleum, which is a strong advocate of \u2018best practice adoption\u2019 in the Oil &amp; Gas industry, as confirmed when it won the 麻豆原创 Quality Gold Award for best implementation in 2021 for Phase 1 of this project . A large part of the success of Phase 2 has been due to the close collaboration of all the team members involved. The result is an integrated solution delivering relevant and reliable data, streamlined processes, enhanced operational efficiency and easily managed reporting for compliance purposes. This plays a crucial role in the next phase of Crescent&#8217;s digital transformation.\u201d<\/p>\n<p>The Phase 2 project was executed in a hybrid delivery model with key activities such as solution workshops, user acceptance testing and cutover delivered on site, while build activities were conducted remotely.<\/p>\n<p style=\"text-align: center\"><strong>&#8211; ENDS &#8211;<\/strong><\/p>\n<p><strong>About Crescent Petroleum<\/strong><\/p>\n<p>Crescent Petroleum is the first and largest private exploration and production company in the Middle East, with over 53 years of experience as an international operator in numerous countries including Egypt, Yemen, Canada, Tunisia, and Argentina, in addition to its continuing operations in the United Arab Emirates and Iraq.\u00a0Headquartered in Sharjah in the UAE, Crescent Petroleum has international offices in the UK and three locations across Iraq, as well as affiliated offices in Egypt and Bahrain. Crescent Petroleum is also the largest shareholder in Dana Gas, the Middle East\u2019s first and largest regional private-sector natural gas company.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Industry-specific solutions in 麻豆原创 S\/4HANA integration are helping boost data quality, productivity, operational efficiencies, cost control and sustainability reporting Sharjah, UAE \u2013 9 September, 2024&#8230;<\/p>\n","protected":false},"author":780,"featured_media":2452,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[5562751,177],"tags":[5562296,5562358,1495401,5562298,5562654,52204],"sapn-display":[],"sapn-type":[4446],"class_list":["post-2449","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-erp","category-industries","tag-crescent","tag-energy","tag-oil-and-gas","tag-petroleum","tag-s-4-hana","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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