Dana Drilling Company focuses its business activity on drilling oil & gas wells in offshore and onshore fields. The company is acknowledged as a successful drilling contractor in the local drilling market and has currently about 150 professional and experienced employees. It is a member of the IADC (International Association of Drilling Contractors) for many years and the volume of contacts awarded since its establishment exceeds 1.8 billion dollars.
The company has successfully implemented and utilized IFS Applications and currently is supported by Dana System.

• Finance: Accounting Rules, General Ledger, Currency Revaluation, Periodical Cost Allocation, Account Receivable, Account Payable, Bank Reconciliation, Fixed Asset, Year End Accounting, Inventory Accounting, Purchasing Accounting, Project Accounting, Payroll Accounting, Budget Management, Cash Flow Management
• Supply Chain Management: Inventory, Procurement, Sales
• Project: Project Management, Subcontract management, Sales Contract, Scheduling
• HR: Employee Management, Time Management, Payroll, Employee Self-Service, Recruitment, Expense Management
• Maintenance: Equipment Administration, Work Order Management, Preventive Maintenance
• Foundation: Mobile Application, Document Management, Business Dashboards

Features

Dana Drilling company handles two mega projects (17B-18B and 15-16 south Pars) with IFS application. Almost more than 7000 activities as WBS (EPD) enables the company to calculate the cost of each well and even sections. Top management support is one of the reasons to integrate the contact and procurement module with project WBS and manage it real-time. The implementation model could be a lesson-learned and now we are ready to enhance it for new customers.