JVM solution is the world's first software focused on the management processes of joint ventures for exploration and production of Oil & Gas and Energy

Solution for Joint Venture management, the result of a global innovation challenge, is ready to win the market.


Once again, INTCOM Digital leads the way in creating innovative solutions to facilitate corporate management processes. The launch of the new JVM (Joint Venture Management) marks INTCOM's pioneering role with an unprecedented solution for companies in the Oil & Gas and Energy industries. From now on, joint ventures will be able to simplify the processes of compliance with legal requirements for the awarding of exploration blocks and speed up the start of operations in a more assertive manner.

What is the new JVM for?

The JVM is a technological solution focused entirely on the stages of compliance with the requirements involving the concession contracts of the blocks operated for onshore and offshore production. The software facilitates, expedites and centralizes the bureaucratic management processes of the documents required for the execution of the operations, positively impacting the speed of the initial procedures and financial costs. The functionalities of the tool are adapted to meet and monitor compliance with regulations which mobilise both the financial departments and the technical sectors. The JVM also facilitates collaboration between partner companies, through integration between teams and the automation of approval processes for purchases and the creation of ballots - all in a single piece of software.

How does the JVM work?

The JVM is divided into 3 modules:

SENDER

With the SENDER module, the process of creating and sending documents to the parties involved is digitised in a simplified, integrated and fully focused on the ultimate goal of gaining efficiency and compliance in the process. Here, the model for creating and sending reports is focused on compliance, minimising the chance of errors or mistakes from the initial stage and optimising the time for compliance with pre-established requirements.

  • Organise Ballots, AFEs and Notices and other documents by status and export lists to XLS and PDF;
  • Notify by email and keep stakeholders informed of document developments;
  • Speed up the preparation of documents with template;
  • Get the partners'voting results automatically;
  • Generate reports with critical information and each document.

RECEIVER

With the RECEIVER module, the parties involved receive the document for all to evaluate and approve, in accordance with the specific contractual standards for the operation. Thus, all interested teams can evaluate and forward terms or requests for approval or revision - all in an integrated manner, in real time and 100% online.

  • Categorise incomingdocuments by ID, Asset and Type through automatic PDF reading
  • Get collegiate decisionsapproved at up to two levels;
  • Draw up letters attached to ballots directly in the application;
  • Securely store all documentation with change logs;
  • Ensure availability of evidence in audits.

SHARING

After the steps of creating, sending, receiving and approving the documents, the companies need to send the final product for the appreciation of the competent instances. Aiming at the thorough adequacy of each requirement, a report is generated in an automated way from the data compiled in the previous modules (SENDER and RECEIVER). The third module of BlueJVM also ensures that such documents are shared with the guarantee of data integrity and security of the parties involved, based on the new General Law of Data Protection (LGPD).

  • Monitor the execution of each department's shipment-relatedactivities in real time;
  • Manage value recoveryperformance with every shipment;
  • Share automatically generated financialdata;
  • Store and centralise the value approvals of each consignment;
  • Ensure the accuracy of data reported by PPSA by centralising results in a cloud application.

The JVM was born as a success story

In 2019, INTCOM Digital participated in the "Startup Factory" project, an initiative that connects large companies to new technology and innovation entrepreneurs. This is how we reached Shell, a company that chose INTCOM (out of 200 startups) to face the challenge of developing a technological solution to solve a problem identified by the company: The management of the processes of adequacy to the bureaucratic requirements necessary for the execution of oil exploration and production projects in Brazil.

Until then, all the control steps for compliance with these standards were done from non-integrated communication tools, neither customized for this purpose (such as emails and spreadsheets). Thus, the need to generate, send, receive, evaluate and share documents ended up becoming an operational obstacle for the company's management processes.

Faced with this challenge, throughout 2020, we participated in the company's Innovation Program and dedicated ourselves to creating a technological solution that would make this entire process faster, simpler and more efficient. From there, the new BlueJVM emerged, a software created by INTCOM Digital and licensed by Shell Brazil, and that, today, is ready to win the market and increase your company's efficiency.

Customization

Technology focused on compliance with the requirements involving the concession contracts of the blocks operated for onshore and offshore production. Technology focused exclusively for the oil and gas and energy industries.

Efficiency

Digitalized and automated control of purchase approval processes and creation of ballots in a single software, generating impact in the reduction of operational costs and minimizing the risk of errors or delays.

Security

Security and transparency with respect to the standards of the new General Law of Data Protection (LGPD)

Do you want to know how we can optimize and reduce the costs associated with your company's digital processes?

Contact the comercial@intcom.com.br