IBS Software Inks Deal With China-based Anton Oilfield Services

TRIVANDRUM, India, October 1, 2018 /PRNewswire/ --

IBS Software (IBS) has entered into an agreement with China's Anton Oilfield Services to streamline the movement of people and material in the latter's oilfield in Majnoon, Iraq. iLogistics, IBS' cloud-based next-generation oil & gas logistics management solution, will enable Anton to significantly improve airport & infield logistics efficiencies, enhance end-to-end operational visibility, optimize safety of staff & contractors while adhering to regulatory compliances. Real time fuel tracking & reconciliation, optimized waste life-cycle management, improved camp bed utilizations and predictive analytics are some of the additional benefits that Anton Oilfield Services would be well positioned to enjoy post the implementation of the solution.

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Founded in 1999 in China, Anton Oilfield Services has a complete range of products and services covering the whole process of oil-gas field development. Anton Oilfield Services operates in the oil & gas markets of China, Middle East, Central Asia, Africa and North America. Anton has signed up for a two-year contract to operate the Majnoon oilfield on behalf of Iraqi state-owned Basra Oil Company (BOC) which has taken over operations from Shell in June 2018.

The iLogistics solution suite that consists of various modules - Aviation, Camp, Land, Visa, Fuel, Security, Waste Management - will support a Logistics Control Tower which would serve as a central dispatching and monitoring hub, combining people, process & technology to monitor logistics and proactively manage interlinked activities. The solution simplifies planning, scheduling, executing & reporting of men and material movement by automating mundane and repetitive tasks with the help of machine learning algorithms. iLogistics enables 100% regulatory compliance of arriving and departing personnel through effective tracking of passports, visas, work permits and multi-level travel authorizations. The deal with Anton widens IBS' footprint in the strategically important Middle East region for Oil & Gas logistics.

Remasankar S, GM & Global Head, OGL Line of Business, IBS Software, says, "Winning the trust of Anton Oilfield Services is indeed a defining moment for the newly launched iLogistics on cloud platform and reinforces our strong commitment to the oil & gas industry to accelerate digital transformation, unleash innovation and improve cost & operational efficiencies. We expect to add substantial business value to Anton and be a trusted partner in their quest to achieve supply chain excellence."

For media enquiries, please contact Mathew Joshua at +91-471-6614363 or email: mathew.joshua@ibsplc.com. More information on IBS is available at http://www.ibsplc.com.