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Former Member

basis knowledge required to learn is oil

hi all gurus

can anybody give me , some overview , , i mean the prerequisite- to learn is-oil .actually i am from technical background. . please also tell me , do i need to enter first in to SD and then move to IS-oil or directly i can learn IS-oil . are there any books available on OIL and GAS domain , available in the market.

with regards

akhil

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  • author's profile photo Former Member
    Former Member
    Posted on May 22, 2008 at 06:25 AM

    Hi Akhil,

    Here is an overview for IS-OIL. It contains two major components which are:

    UpStream :- In Oil and Gas industry initial investment is very high for locating the source for crude oil and then getting the permission for the government of the country where that source lies and then extraction of the oil. a company all along can not bear that expanse so it involves big join ventures ... and in this if you notice then the material (crude oil) is following up .. i.e. from underground source to refineries .. this is called up streams and this covers join venture accounting, and all the finance related stuffs. for more detail on this check out this link

    http://help.sap.com/saphelp_oil472/helpdata/en/ec/9d2c3adcc8431be10000000a114084/frameset.htm

    Downstream :- This includes the refinement, storage, transportation, measurement and retail of final oil and gas product ......

    In existing core R/3 sales and distribution a lot of changes has been done for down stream oil and gas functionality. for more detail in this please check out this link :

    http://help.sap.com/saphelp_oil472/helpdata/en/09/c7183619b5a45ee10000009b38f889/frameset.htm.

    As per your other question then I can just say that IS-OIL is very industry specific . You can always start with SD which is one of the core modules and then after few years of experience move to IS-OIL . But it all depends on your past experience .

    If this answer is helpful to you , please reward points.

    Thanks.

    Regards,

    Aditi.

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    • Former Member Former Member

      Hi Akhil

      For any IS (Industry specific ) Module one must have the base knowledge of R/3 module.Otherwise you will be learning only at the high level with no basic understanding of how the process follows.Be it oil, gas or FMCG product etc , concept is same but presentation is different.

      I believe the thumb rule is If you are good in core R/3 functional module like SD/MM you are too good with IS-OIL.

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