Rowan Companies live on IFS Applications

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IFS, the global enterprise applications company, today announced that Rowan Companies plc, a major provider of global offshore contract drilling services, is now live with IFS Applications on the first of its ultra-deepwater drillships.

Rowan’s deployment includes requisitioning, inventory, and EAM functionality to improve efficiencies in its maintenance and inventory operations, including equipment and work management. It also includes the IFS Data Replication tool, which allows Rowan’s offshore assets to operate autonomously even when off-line, with all necessary capabilities of a complete maintenance system, including the ability to transmit maintenance histories back for centralized planning, analysis, and administration.

“For Rowan, using IFS functionality to integrate operational risk assessment with preventive maintenance will enable them to create more effective, cost-efficient maintenance strategies to reduce downtime,” IFS Asset Management Vice President Patrick Zirnhelt said. “In addition, the autonomy afforded by IFS Data Replication will give Rowan’s jack-ups and drillships around-the-clock access to the application and data.”

“Our existing computerized maintenance management system was not providing the business benefits we needed. Using IFS Applications should significantly improve how we manage our maintenance and inventory, and provide additional controls that will help us meet increasingly strict regulatory requirements,” Rowan’s Senior Vice President of Operations Support Pharr Smith said. “The IFS user interface is intuitive and easy to use, which should drive better adoption by our employees.”

IFS is one of the world’s leading providers of business software to large and midsize companies within the oil and gas industry. For more than 20 years, IFS has worked closely with leading EPCI contractors, drilling contractors, system/equipment suppliers and asset/plant owners to ensure our solutions meet the oil and gas industry’s stringent requirements. With over 400 project and asset-oriented companies using IFS solutions today, our strategic focus on the oil and gas industry is evidenced in both deep industry expertise and a solid track record. IFS offers flexible, component-based, project-driven business solutions that manage the entire lifecycle of contracts, projects, assets and services.

Customers include: Technip, Maersk Drilling, Maersk Supply Service, Agility Group, Babcock Engineering Services, Heerema Fabrication Group, Seadrill, Archer, Apply Sørco, Hertel Group, Odfjell Drilling, Sevan Drilling, Rosenberg WorleyParsons, BW Offshore, Semco Maritime, Reinertsen, VARD, PGS, Wellstream, Hamworthy, IMCO Engineering & Construction, ShawCore, Icon Engineering and Trans-Northern Pipelines Inc.

About Rowan Companies plc

Rowan Companies plc is a major provider of international and domestic contract drilling services with a leading position in high-specification jack-up rigs.  The Company's fleet of 30 jack-up rigs is located worldwide, including the Middle East, the North Sea, Trinidad, Egypt, Southeast Asia and the Gulf of Mexico.  Additionally, Rowan has four ultra-deepwater drillships under construction with three of the four drillships under three-year contracts.  The Company's Class A Ordinary Shares are traded on the New York Stock Exchange under the symbol "RDC".  For more information on the Company, please visit www.rowancompanies.com.

About IFS

IFS is a leading global enterprise software vendor to industries where asset management, manufacturing, field service management, supply chain management, or project management are core disciplines. More than 2,100 companies in over 60 countries rely on IFS Applications™, a component-based suite for product & asset lifecycle management that can be configured for ERP, EAM, project-based ERP, field service management, or a combination of all four. IFS Applications has been evolving to meet changing customer needs since 1983 and is configured for agility, usability, and low total cost of ownership in its targeted industries. IFS employs 2,800 people worldwide.

More information on IFS is available at www.IFSWORLD.com.

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Mary Jo Garinger
Marketing Communications Analyst
Phone: 262.317.7485
MaryJo.Garinger@ifsworld.com

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Using IFS Applications should significantly improve how we manage our maintenance and inventory, and provide additional controls that will help us meet increasingly strict regulatory requirements.
Pharr Smith, Senior Vice President of Operations Support, Rowan Companies plc