Kuwait Oil Company Advancing Exploration, Production, and Innovation
SAP Solution Capabilities SAP solution for Oil and Gas industry manages the complete hydrocarbon value chain: storage and inventory control, tariff and excise duty administration, product exchanges, commodity trading, secondary distribution optimization, retail fuel network operations, and non-fuel retail businesses. Advanced capabilities support risk management and regulatory compliance. AI-enabled asset and operations systems that enhance predictive maintenance, improve production reliability, and provide end-to-end visibility across the entire hydrocarbon supply chain. SAP’s global Oil and Gas customers have achieved significant gains, including up to 80% reductions in data-center energy consumption, nearly 50% lower total cost of ownership, up to 50% decreases in unplanned downtime, 40% faster monthly closing cycles, and 100% inventory accuracy1.
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