Tieto Energy Components

Energy Components is the complete solution on hydrocarbons accounting and managements of all production phases and processings of oil products, from production before transportation, before sale and accounting of income.

Basic

Energy Components helps to do business

Energy Components (EC) is a set of the world's leading software products for hydrocarbons accounting (HCA) intended for management of extraction and production in the oil and gas industry. These products allow to manage business according to best practices in this industry and provide tracking, a possibility of carrying out audit and compliance of SOX404 at all levels.

From production to profit

The solution EC allows to control business processes for production, transportation, sales and accounting of revenue in the oil and gas industry. Full control of production, transportation and sale of hydrocarbons with a possibility of drawing up necessary reports allows to determine the cost of oil and gas from different sources. In the presence of difficult contractual agreements a system is commercially necessary for exact distribution and calculation of cost.

Proposed solution provides the functionality necessary for meeting requirements of superior organizations to determination of origin of products, the reporting, drawing of accounts and tariffing, provides control of any data important for confirmation of income, forecasting and budget making and also double-sided interaction with financial accounting systems.