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SAP has developed an industry solution for the oil and gas industry (IS-OIL), featuring tools and automated processes designed especially for this sector. SAP IS-OIL is the leading integrated solution for the entire value-added chain of the oil and gas industry-from the wellhead to the gas station. With SAP IS-OIL, you can provide your employees with uniform process and tools that make their day-to-day activities easier. Your other sites and applications are easily integrated into IS-OIL. The solution also gives you access to Web-enabled e-business applications and information.
Upstream and Downstream side of oilindustry The oil industry is divided into two major sectors. The sectors are defined to categorize the operations within each.
Upstream: Exploration & Production or E&P. Involves operations in searching for underground or underwater oil and gas tildes and drilling exploratory wells and at the same time, operating the wells that recover to re-direct the crude oil or raw natural gas to the surface.