Seawell Selects IFS Applications

June 11, 2009 at 1:18 am Leave a comment

Seawell Ltd. has selected IFS Applications to support the growth of the company’s global project-based operations. In 2007, Seawell Ltd. demerged from Seadrill, which had used IFS Applications components for purchasing, material administration, logistics and maintenance since 2001. The same solution will now be implemented at Seawell. The agreement includes options for the financials, human resources management and engineering register components.

After the demerger, Seawell grew from 1,800 to 2,500 employees, and the company expects continued growth for its project-based operations. An important reason for choosing IFS Applications was the fact that the solution is agile and scalable, which makes it ideal for handling growth and change.

“We are investing heavily to ensure that we can offer the market the best applications for project-based industries such as drilling and well service companies, and in recent years we have been very successful in developing the solution and winning new customers in these industries,” said Glenn Arnesen, managing director of IFS Scandinavia.

IFS targets suppliers to the oil and gas industry and has delivered solutions to that sector for many years. IFS offers a complete, integrated solution that manages the entire project lifecycle from engineering, project management, procurement, material management and fabrication to installation and after sales.


Entry filed under: Financial and Back Office Solutions. Tags: , , , .

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