Dassault Systèmes, the 3DEXPERIENCE Company, world-leader in 3D design software, 3D digital mock-up and product lifecycle management (PLM) solutions, announced that Cairn India, one of the 20 largest independent oil exploration and production companies in the world, will deploy Dassault Systèmes’ optimised plant construction (OPC) industry solution experience for integrated project management systems (IPMS). Cairn India, rated as the fastest-growing energy company in the world by Platts, has a world-class resource base, with interest in seven blocks in India, one in Sri Lanka and one in South Africa.
The deployment of the web-based IPMS will enable Cairn India to achieve key performance metrics comparable to the best in the global exploration and production industry, and align its processes to the best-in-class in terms of overall project execution and performance. The objective of deployment of web-based IPMS is to optimise use of resources, planning, executing, monitoring, controlling, real-time communication and systematic data management of the overall project activities.
With Dassault Systèmes’ OPC industry solution experience, real-time accurate project status will be available for engineering, procurement and construction (EPC) phases during the project lifecycle, and will also give real-time dashboards across heterogeneous systems, including SAP’s ERP using information intelligence. The targeted benefits for deploying IPMS are to enable a single source of information for all the projects, project audit and traceability. It will improve productivity by seamless coordination with internal and external stakeholders and provide a realistic project forecast.
Dassault Systèmes India managing director Dr Chandan Chowdhury said: "If we are to look at reducing India’s dependence on crude oil imports, we need to optimise the upstream and downstream in a way that addresses the expanding energy needs of our country. I am delighted that Cairn India has chosen our 3DEXPERIENCE platform to meet its critical project management requirements."