Contract Management for Oil and Gas

Maximize Value from
Oil & Gas Contracts

Drive compliance and transparency across the entire oil and gas value chain, optimizing supplier collaboration and mitigating contractual risks.

Leading Oil & Gas Companies Trust Sirion

Contract Complexities Undermine Operational Efficiency

CAPEX-heavy operations and extensive supplier networks complicate contracting processes, driving cost escalations, regulatory risks, and contract disputes across multiple stakeholders.

Achieve Operational Excellence with Better Contracting

Streamline Supplier Management

Get an integrated, enterprise-wide view of supplier engagements to align supplier performance, invoices, and underlying contractual obligations.

Enhance Visibility
and Compliance

Gain complete visibility into the contract portfolio to ensure compliance with EPA, ACE, FERC directives and other federal and state environmental and emissions regulations.

Control Risks
with AI

Uncover risk elements, buried deep within contracts and streamline negotiations with Sirion’s issue detection and redline agents to create airtight agreements, every time.

Simplify Repapering and Amendments

Streamline repapering and amendments to keep supplier contracts and multi-decade public sector agreements aligned with evolving regulations.

Optimize Contract
Performance

Leverage AI to analyze contract data, identifying underperforming contracts and optimizing terms for better profitability and efficiency.

Facilitate
Self-serve

Enable intelligent self-service contracting to quickly generate any type of contract, accelerate supplier and distributor onboarding, and ensure better business outcomes.

Explore Sirion for Oil & Gas — Use Cases

Exploration & Drilling
Contracts

Manage service agreements, ensuring compliance with safety, cost, and performance standards. Track obligations, monitor expenditure, and optimize drilling efficiency.

Power Purchasing
Agreements

Manage long-term energy agreements between producers and buyers, ensuring timely delivery. Monitor performance, track obligations, and adjust pricing as per market fluctuations.

Joint Ventures &
Production Sharing

Ensure transparency in revenue sharing, cost recovery, and operations. Track obligations, manage investments, and mitigate risks in cross-border energy projects.

Pipeline and Transport
Contracts

Manage oil and gas transport contracts to track transport volumes, monitor maintenance milestones, and provide alerts for regulatory or safety compliance issues.

Refining & Distribution
Agreements

Manage refinery and distribution contracts, tracking delivery schedules, pricing terms, and supply chain operations to enhance profitability.

Asset Management
and Maintenance

Automate contracting for asset procurement, equipment leasing, and maintenance, tracking milestones for pipelines and power plants to ensure compliance.

“As part of our contract digitization program, we didn’t want to stop at just putting our contracts in the cloud. We wanted complete visibility and control over the deliverables and obligations in our contracts. We found the perfect answer in Sirion.”

Sabih Rozales, Principal Commercial Contract Manager

“All our contracts are established and maintained in Sirion, a fit-for-purpose CLM solution. Today, we manage all our regulatory requirements, adapt smartly to banking changes and leverage rich insights for real-time reporting, through Sirion.”

Edzard Janssen, Chief Procurement Officer

“Some of the biggest highlights of working with Sirion for me have been watching how the technology has changed over time. And how it gets better and better every single time new functionality is released.”

Jaclyn Schuler, Director of Contract Lifecycle Management

“Sirion’s industry-leading AI technology offers significant advances giving instant access to critical data, automating non-value-added tasks, and driving behaviors that result in better contracting outcomes with third-party relationships.”

Toby Yu, Contract Management Services Leader