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TotalEnergies chooses IFS for global asset management transformation

by CXO Staff
February 4, 2025
in Future, News, Tech

IFS solution will complete energy giant’s strategic industry backbone, integrating with TotalEnergies’ global ERP to turbocharge asset performance and profitability

TotalEnergies chooses IFS for global asset management transformation

IFS announces that TotalEnergies, a global integrated energy company that produces and markets energies – oil and biofuels, natural gas and green gases, renewables and electricity, has selected IFS Cloud as the single platform for management and servicing of its globally operated asset portfolio.

Mark Moffat CEO, IFS
Mark Moffat CEO, IFS

TotalEnergies has chosen a comprehensive IFS.ai-fueled solution that leverages the power of the composable, scalable IFS Cloud platform, including EAM and Service within a single data model, to meet the challenge of transforming its asset operations management process.

TotalEnergies will be able to maintain all their assets for exploration, production, refining, and chemicals on a single platform, minimising downtime and maximising the profitability of assets by reducing the cost of management and extending their lifespan. When fully implemented, over 13,500 users globally will be enabled to perform asset maintenance. 

This strategic implementation is the foundation of TotalEnergies’ EAM project which will streamline asset management and service onto a single platform and integrate with TotalEnergies’ future ERP solution.

Mark Moffat, CEO, IFS, added: “We are thrilled to collaborate with one of the world’s leading oil and gas companies on a mission-critical and high-impact project to secure their asset performance for the future. I am very proud that TotalEnergies have put its trust in IFS’s deep oil and gas expertise and industry-focused Industrial AI innovation. TotalEnergies will have an agile and future-ready platform that integrates seamlessly with their global operations.”

Tags: Asset managementIFSTotalEnergies
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