0.00 What is the scope of your work with the oil and gas sector?
We help upstream companies and their contractors run their transport business more efficiently, promote and enforce safe driving, and optimise fleet utilisation and reduce costs. Our services benefit companies by automating journey management, increasing fleet security, and improving staff time attendance and adherence to company regulations and policies. Some of our VIP and multinational clients in the region include ADCO, ADNOC Distribution, NDC, British Petroleum, Schlumberger, and Halliburton.
0.05 How does telematics, as an IT concept, apply to operations in the oil and gas sector?
Telematics have various applications and, for the oil and gas industry, these can include road safety, machine-to-machine, driver behaviour, asset management, cost control, and analysing company transport and fleet requirements. Our oil and gas sector clients can benefit from improved road safety, improved fleet utilisation, lower transportation expenses, and more.
1.15 What service most benefits the oil and gas market in this region?
We supply an in-vehicle monitoring systems (IVMS) based on a modular device with minimum downtime of less than 1%, and a reporting portal. Our integrated hardware and software records data on vehicle and driver performance. Most of our oil and gas clients in the GCC use the Track 2k+, which has a modular design with remote configuration and support, and a variety of communication options. Our platform offers tracking space and telematics functions, a modern GUI, secure cloud and deployment options, and over 65 different reports.
2.45 How does FMS Tech set itself apart in this competitive market?
By working on our technology and focussing on our vision in this market we intend to differentiate ourselves from others. We always focus our efforts on introducing to the market new creative ideas, and products to tackle specific problems. Being at the forefront of telematics technology, we continue to enhance our platform and products offering to improve our customer experience and adapt to new customer requirements.
4.10 Given the present downturn in the oil and gas sector, is this a good time to be doing business in this region?
This is the perfect time to reinvest. I believe it is a temporary phase and the GCC has enough reserves, and our solutions help clients reduce their expenses on their vehicle fleet and improve planning and execution, while improving safety for free. Most of our clients have streamlined their transport operation thanks to our system. One has been able to reduce its fleet size by 18% and save more than $2mn per year.
