LUKOIL Overseas Group is a growing oil and gas company that is an integral part of the vertically integrated oil company OAO LUKOIL. It is engaged in the exploration, acquisition, integration, and efficient development of oil and gas fields outside the Russian Federation to promote transforming LUKOIL into a transnational energy company. In 2010, the company signed a 20-year development project for the giant, West Qurna 2 oil field in Iraq.
Executing 10,000 to 15,000 project activities simultaneously on 14 major construction and drilling projects in Iraq for the West Qurna-2 project meant the company needed a clear picture, in real time, of dependencies between its capital construction, geologic exploration and sinking projects—required for its building infrastructure oil field development projects in Iraq.
LUKOIL Overseas Holding deployed Oracle’s Primavera P6 Enterprise Project Portfolio Management to generate structured project management information and optimize planning, monitoring, and analysis of all engineering and commercial activities—such as tenders, and bulk procurement of materials and equipment—related to oil field development projects.
"The scale of the West Qurna-2 project required real time processing of large data volumes from many departments. Oracle Primavera P6 Enterprise Project Portfolio Management certainly let us work efficiently and improve standardization and internal regulations related to the implementation scheduling and updating by means of flexible settings and fixed delimitation of access rights to the system functionality among all the process participants" - Sergey Kasyanov, Calendar Scheduling Manager of the Master Planning & Control Office, LUKOIL Mid-East Ltd.
“Oracle Gold Partner Parma Telecom was key to our successful Primavera deployment, implementing the software’s basic functionalities, such as project content, timeframes management, and cost management, in addition to performing its integration with our enterprise resource planning system and intranet portal within ten months and in accordance with budgets,” said Rafik Baynazarov, head of the master planning and control office, LUKOIL Mid-East Ltd. “The second phase, which is still under way, will deploy functionalities required for controlling early stages of projects, ensuring work is progressing according to the company’s engineering, procurement, construction, and maintenance contracts, as well as monitoring the actual volume of completed work.”