Nobel Oil Services aims to have single integrated business system in Azerbaijan

Nobel Oil Services aims to have single integrated business system in Azerbaijan

Baku, Azerbaijan, Sept.7

By Maksim Tsurkov - Trend:

Nobel Oil Services (UK) Ltd group of companies and INLINE GROUP, one of the leading Russian solution providers, has launched a comprehensive ERP implementation project in Azerbaijan based on SAP AG solutions, said the message from the group of companies.

Nobel Oil's efforts to introduce a single integrated business system based on SAP ERP aims to standardize the Group's business processes, thus enhancing coherence and consistency amongst its various enterprises and subsidiaries, said the message.

The SAP's innovative solutions will also significantly simplify the process of preparation and submission of regular and compulsory business reporting by creating a unified database to reflect the most accurate and up-to-date information, according to the group of companies.

"In addition, through the introduction of a single automated document and information management system, Nobel Oil expects to achieve considerable increase of efficiency in document preparation process and document turnover in general, as well improvement in the accuracy and relevance of the information used," the message said.

"This advancement will allow Nobel Oil to improve the efficiency and transparency at every phase of our operational, supply chain, financial, human resource and management processes," the message said.

As part of the initial plan, more than 200 members of staff, including the company's top-management, are expected to use the new corporate wide ERP system.

Michael Wring, CEO of Nobel Oil Services (UK) Ltd, expressed hope that the introduction of the system becomes an important step in taking his company further.

"We're constantly trying to increase efficiency and cut down on redundant bureaucracy in order to optimize our business process," he said. "Introduction of SAP solutions will also help us immensely in terms of achieving a better coordination and cohesion between various companies within our group."

"We appreciate our partners' approval and confidence in our experience with SAP-related products and projects', said Alexey Romashkin, CEO of INLINE GROUP.

"Our experts and consultants have developed a vast expertise and experience in providing solutions," said Romashkin. "The partnership with Nobel Oil should become another successful case for us, thus strengthening our position in the regional market."

Nobel Oil Services operates in the upstream and downstream segments of the energy industry. In the upstream sector, our diverse business entities provide drilling, engineering and project management, as well as maintenance, procurement and enhanced oil recovery services within Azerbaijan and regionally. In the downstream sector, our retail affiliate owns and will be operating retail service stations in Romania and our trading group focuses on the trading of oil, gas and fuel products.

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Follow the author on Twitter: @MaksimTsurkov

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