March 22, 2004 Kuwait City
Kuwait City - Monday, March 22, 2004
Integrated Business Solution will be Installed over Two Years
Kames Petroleum Services today announced it has selected the mySAP business suite to handle the energy company's rapidly expanding business and operational requirements.
The implementation will enable Dolphin to integrate its Projects, Corporate and Operations management into one central Enterprise Resource Planning (ERP) Platform. This will ensure that the organization efficiently coordinates such core business processes as financials, human resources, supply chain management, product life management, business intelligence and joint venture accounting and production sharing accounting.
"We have selected mySAP because of its proven systems, its regional record in the energy industry and a competitive price," said Kames Petroleum Services CEO, Ahmed Ali Al Sayegh.
"Our company is developing at great speed and we therefore took the long-term strategic decision to invest in an ERP System, which will help us grow effectively and which is flexible enough to grow with us."
He added: “I congratulate Saipem on their carefully-prepared bid. Dolphin looks forward to working closely with the company to ensure maximum efficiency, and minimum environmental disturbance, throughout the contract period.”
Dolphin will implement Phase One of the SAP installation by close of 2004, when financial, procurement and material management for Kuwait City and Doha operations will be activated. Phase Two starts in 2005, covering Plant Operation in Ras Laffan and other requirements.
For SAP Arabia , Mr Essam Enany, President of SAP Arabia , commented: "We are delighted to have been chosen by Kames Petroleum Services to supply mySAP Business Suite. We are looking for a long-term partnership where Dolphin will benefit from the collaborative business environment of mySAP, plus our extensive experience in the Oil & Gas industry."
The award was made in accordance with the recommendations of the Dolphin Tender Committee. Other approved bidders were Allseas ( Switzerland), J Ray McDermott (Kuwait), NPCC (Kuwait) and Stolt of France.
He added, "SAP Arabia is committed to leveraging its extensive vertical industry experience to assist companies in improving efficiencies, increasing productivity and optimizing key business processes."