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PetroVietnam’s PV GAS Accelerates Digital Transformation

The Petrovietnam Gas Joint Stock Corporation (PV GAS), under the state-owned Vietnam Oil and Gas Group (PetroVietnam/PVN), has been speeding up digital transformation to boost production efficiency and increase competitiveness.

In early August, the 110,000th digital signature file was signed in the PV GAS’ digital signature system, equivalent to about 450,000 signatures. This marked a significant milestone, as the organisation has greatly reduced the time for processing documents.

PV GAS’ digital transformation is implemented concertedly with the digital transformation process of PetroVietnam, taking advantage of the infrastructure system and promoting efficiency in the sector’s value chain. Along with solutions to strengthen its technology infrastructure, PetroVietnam has been promoting digital culture, encouraging a foundation of sharing, creativity, and constant learning.

In 2015, PV GAS hired an international consulting contractor to implement enterprise resource planning (ERP) software projects, conduct surveys, and evaluate the feasibility of its projects for implementation. From 2016 to 2021, PV GAS restructured its organisation and promoted the application of information technology as per specific production, business, and internal management needs. This improved efficiency, gradually standardised operations, and better-suited ERP software application standards.

The COVID-19 pandemic has drastically impacted people’s lives and habits. The emergence of new consumer trends and business models has forced businesses to make changes. During this period, PV Gas paid special attention to digitisation and applied IT in all production and business activities. This includes work-from-home options, increased availability of online tools for meeting and working, and deploying digital signature tech.

In the post-pandemic economic recovery period, IT applications and digital transformation are expanding, helping change traditional operation methods. Implementing a resolution to carry out digital transformation at all subsidiaries of PetroVietnam, PV GAS approved a plan to deploy ERP software based on its business development strategy and compatible with PVN’s ERP software. With the simultaneous implementation of two consulting projects, PV GAS will select a digital technology group suitable to its scale and business strategy soon and ensure the implementation of the ERP system in accordance with the Smart Factory orientation. PV GAS has also concentrated on improving its IT and data management systems to meet the increasing application need and ensure cybersecurity.

In September, PVN’s Vietnam Petroleum Institute (VPI) built an Oilgas AI ecosystem using artificial intelligence (AI) and machine learning (ML). As OpenGov Asia reported, the system collects and analyses in-depth data in the oil and gas sector, with products such as crude oil, petroleum, liquefied petroleum gas, and natural gas.

VPI is partnering with an industry giant and taking measures to optimise the analysis, use, and management of data, helping firms improve work efficiency. For each product, Oilgas AI performs an analysis of market data, price forecasting, supply and demand, infrastructure, and inventory. It also helps users easily find, tap, and interact with vivid data through charts, reports, and dashboards. The data will be constantly updated, making it easier for users to monitor real-time data.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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