IACCM Contract Management Forum

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Kuwait Oil Company
2017-10-10 10:44:36

Contract Drafting Software for Oil & Gas

Can someone please advise name of some good Contract Drafting Software for Oil & Gas Industry, based on Model/Standard Contracts.
 •   2017-10-10 18:12:39
I'm in the oil & gas industry. We have been reviewing different Authoring solutions and I haven't observed yet any cutting edge solution. Majority of them are in a process to improve or achieve a desire state as part of the development plans....
That being said, it is not clear to me what are the particularities you are looking for O&G. Majority of the tools have some level of flexibility to adjust to any industry.
 •  IACCM  •   2017-10-12 17:54:57
Mohammad - the recent IACCM report on Automation has some great content and could be very relevant to you. I strongly suggest that you review it. It is in the IACCM Library. If you have trouble finding it, please let me know.

Best Regards,

Jim Bergman
IACCM VP - Asia, Middle East and Africa
 •  Kuwait Oil Company  •   2017-10-16 07:34:28
Thanks Jim for your response. It'll be useful if you can please send me the link to relevant document (although I have reviewed some documents but not sure if the one referred by you is one of them).

Look forward to meet you on 28 November 2017.


 •  IACCM  •   2017-10-18 04:46:50
Mohammad - The specific title is, "Automation - Transforming Contracts and Commercial Management" and it is an IACCM Research Report. The link is: s3.eu-central-1.amazonaws.com/iaccmportal/files/9700_automation---transforming-contracts-and-commercial-management---final.pdf.

Best Regards,

 •  ABiz Corporation  •   2017-10-22 02:50:11
Hi Mohammad, we have studied quite a few systems recently as part of our services to clients. The only software product that I have come across specifically focused on the oil and gas industry is Aveva ProCon. This is by no way an endorsement for this product. In fact, we have not had the opportunity to do an in depth assessment of the tool, but we have reviewed it at a very high level. As you go through your identification of different tools
 •  ABiz Corporation  •   2017-10-22 02:53:09
To finish my post...

As you go through your identification of different tools, you might want to at least see if this one might have what you are looking for. There are many general purpose products that would work well even though not specific to the oil and gas industry. It just depends on what features and criteria are important to your organization. That's the starting point. Let me know if you need any specific help.
 •  Kuwait Oil Company  •   2017-10-22 04:20:59
Thanks Jim and Nancy for your responses. Let me review the suggested solutions and I'll come back to you if I need any additional information.

Thanks again for your responses.
 •  Symfact  •   2017-11-06 22:47:54
Hello Mohammad,
Symfact (for whom I am employed with) offers a full-featured Contract Lifecycle Management system that offers some great tools for contract drafting and compliance management. The underlying technology of Symfact provides a tool that is easy to use, reliable, scalable, multi-lingual and highly adaptable. We have a wide range of customers, including Oil & Gas, for which we have configured the system to match their specific business and process needs.
I would be more than happy to provide you with more details of our offering or you can visit our website (www.symfact.com) for some additional information.
Thank you,
 •  Occidental Petroleum Corporation  •   2017-12-29 22:52:33
Jim Bergman, I attempted to use the link you provided but am being denied access. Perhaps I'm doing something in error?
 •  IACCM  •   2017-12-30 00:26:32
Mark - I will look into why the link is not working. I have sent you a PDF document to your email address.

Best Regards,

 •  SirionLabs  •   2019-12-06 07:03:03
Hi Mohammad,

Details below:
Organization - Sirion Labs - www.sirionlabs.com
Most Innovative truly digital CLM tool that provides insight driven granular Contract Authoring, Managing Commercial and legal aspects of the obligations, Provides trends powered with BI, Assists in Change variations, Helps develop a Price Book, Provides Financial Management support, Assures Efficiency and never ends

Contact Details - steeve.sebastian@sirionlabs.com
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