Case Study
Emirates National Oil Company: Fueling deeper financial insight with analytics
IBM Analytics Chemicals & Petroleum The Emirates National Oil Company (ENOC) prides itself on providing the energy behind Dubai’ s phenomenal growth. Following rapid expansion, the government-owned group now operates 31 subsidiaries worldwide, covering every aspect of the oil and gas lifecycle – from exploration and production, refining and storage to retail and marketing. As with most oil and gas companies, the need to support and manage a large and diverse group of companies that work across numerous countries is of prime importance. The central finance team at ENOC was facing challenges due to the increasing complexity of operations. The process of collecting, consolidating and analyzing financial data from different legal entities within different systems had become time- co