Mergers and Acquisitions...an information nightmare or an opportunity for change?

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Presentation transcript:

Mergers and Acquisitions...an information nightmare or an opportunity for change?

Mergers in the Oil Industry BP/Amoco/Arco Kerr McGee/Oryx Total/Fina/Elf etc… etc...

The Start Position Wide range of different data types (commercial, legal, financial and geotechnical) Data prior to merger is not always beautiful Hardcopy vs. Electronic Issues Various Storage Locations Issues of Different Systems

Hardcopy Problems Where is it held ? Is it listed ? How is it catalogued ? How do we handle uncatalogued data ?

Off-site Storage Issues Different Contracts Different Companies Different Databases UK vs Overseas

Electronic Data Problems Different Hardware Different Software Different Standards Duplication Licensing Issues

Opportunities For Electronic Move to the best Improve Access Expand Coverage

Knowledge Management Organisational Changes, rationalisation and ‘right-sizing’ Loss of key staff and their ‘experiences’ Different cultures, processes and practices

Data Duplication Assess variations in data holdings Need to identify duplicated data Clarify Ownership issues

An Opportunity For Action Not a threat but an opportunity for change Budget for Data Integration readily available Highest Level of management backing to make integration happen

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