The oil and gas industry is transforming with AI, big data, and automation, enhancing
safety, cutting costs, and optimizing operations to boost productivity while meeting
environmental and regulatory standards.
The oil and gas sector is undergoing a rapid transformation, driven by the transition to "clean energy" and stringent regulations aimed
at reducing carbon emissions. For example, India’s roadmap envisions 30% of vehicles running on electricity by 2030. Globally,
the focus is on optimizing procurement and supply chain strategies to manage low oil prices and increased regulatory demands.
Operational excellence is key for refining and petrochemical companies facing price volatility. As capital expenditure and investments
rise, companies need to strike a balance by driving excellence in plant management and operational efficiency.
To achieve growth, the oil & gas industry needs to focus on maximizing operational efficiency, ensuring supply chain continuity,
integrating new technologies, and investing in clean energy. The increasing demand for clean energy will significantly influence the
industry's development.
Providing real-time, accurate data to all stakeholders
Effective capacity planning and resource management
Managing complex transportation, logistics, and cost tracking
Seamlessly connecting with suppliers and vendors
As the world shifts towards renewable energy sources, the oil and gas industry faces a range of complex challenges. Investment patterns are changing, driving advancements across the entire value chain, from upstream sectors to midstream refining, infrastructure, and petrochemical operations.
A projected loss of $2.3 billion in tax revenues due to instability, insecurity, and decreased production and drilling.
Growing focus on sustainable and alternative energy sources.
Workforce shortages, cybersecurity threats, and strict regulations create challenges.
Political unrest and price volatility impact global operations
Competition from unconventional resources, biofuels, and smart oilfield innovations.
The oil and gas industry faces frequent challenges such as volatility, fluctuating demand, and cost pressures, making effective sourcing, procurement, and supply management critical for success. Our e-Procurement suite is specifically designed to address these complexities with precision.
With advanced analytics, our platform identifies cost-saving opportunities, supports the development of sustainable strategies, and mitigates risks. By optimizing supply chains, reducing inefficiencies, and enhancing decision-making,
C1 Global’s solutions empower organizations to achieve resilience, adaptability, and strategic growth in this dynamic sector.
Improving efficiency, transparency, and cost-effectiveness
Streamlining the vendor lifecycle and contract workflows
Improving visibility and control across supply chains
Enabling informed decision-making through budget and spend analysis
C1 Global partners with top Energy and Utility sector players to optimize their value chain and achieve measurable results. Our include:
Get in touch with C1 Global to get all the details on our best-in-class offerings or to schedule a demo.