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AVEVA NET - Woodside post implementation review

Oil RigDeloitte was commissioned to conduct a post implementation review of AVEVA NET at Woodside Energy Limited; to identify the return on investment achieved to date and forecasted through to 2014.

In 2004 Woodside commenced the implementation of the AVEVA NET application as a solution to better manage new and legacy engineering data. AVEVA NET was chosen as Woodside believed that it integrates with industry standard business and engineering applications providing a single access point for 98% of Woodside’s engineering data.

The report identifies qualitative and quantitative benefits that Woodside believes they have realised by AVEVA NET and related business improvement projects. Further, costs incurred associated with the implementation were identified and used to determine the internal rate of return and payback period for the implementation.

All data and assumptions in this report have been provided by Woodside. The accuracy of this data (including the level of benefits achieved, the level of costs incurred and the future level of costs and benefits) has not been validated by Deloitte. Our procedures and enquiries did not include verification and does not constitute an audit in accordance with Australian Auditing Standards, nor does it constitute a review in accordance with ASRE 2405 applicable to review engagements.

No review of functionality has been performed and Deloitte makes no representation as to the suitability of AVEVA NET to any third party. Deloitte also makes no representation as to the likelihood of realising any benefits noted in this report to any third party.

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