XaitPorter is the preferred collaboration tool for APA licensing round applications
12. May 2020 |
2 min read
Xait has years of hands-on experience helping oil companies streamline and ensure the quality of their licensing round application processes.
The APA 2020 round is soon to be announced, and as in previous licensing rounds, it’s expected to garner huge interest.
Says Norway’s Minister of Petroleum and Energy, Tina Bru:
– In these challenging times it is important to plan for the future. [...] Through the APA 2020, the government continues to facilitate profitable production of oil and gas in a long-term perspective.
In the midst of the COVID-19 situation, Xait is here to help you create your most business-critical document: the APA license application.
XaitPorter is the standard licensing round application solution in Norway. In fact, close to 100% of the production license applications awarded for the APA in 2019 have been entrusted to clients using XaitPorter.
So exactly how will using XaitPorter help improve your workflow and collaboration process to create stronger license applications?
The importance of integrity in license documentation
If you can optimize the use of information and leverage it correctly, you can also better manage risk and ensure regulatory compliance, while operating optimally and achieving a competitive advantage.
To improve a document or information centric process, you should have the ability to edit and create content by either adding new content, reviewing and approving the content, or reusing content by both copying and linking to master content, ensuring integrity across all of your documents.
Furthermore, features such as document automation, document assembly and high-quality publishing in a secure environment not reliant on files can be key for your decision on what type of solution to select.
A file-based solution doesn’t lend itself well to the complexity of writing license applications. You need a policy-based document creation and workflow approval system designed to dynamically build both standard and custom-configured documents based upon pre-defined business rules with the ability to change key values, while the documents and reports are instantly updated.
Xait can assist with your application document structure, as well as offer consultation services during the completion process.
Higher quality documents, more process control and transparency, less overtime, and more applications produced – these are but a few of the advantages you’ll get using XaitPorter for your license applications.
Kris Sæther is Chief Commercial Officer of Xait. He holds a Bachelor of Science in Graphic Media Studies, and has worked in financial communication in London and Frankfurt prior to joining Xait. He has 20+ years experience from the information management industry. Kris is an avid runner and skier, and a passionate fan of the world’s coolest soccer team, Tottenham. If he is not working or running you will find him cheering for his two daughters on the handball court.
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