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Harouge Oil Operations of Libya, selects PROACTIS to control expenditure Print
Monday, 13 October 2008 12:27

Harouge Oil Operations, an oil exploration and production company based in Libya, has purchased the PROACTIS P2P solution to help manage indirect expenditure. The company, which is a joint venture between the National Oil Corporation of Libya and Petro-Canada, will implement PROACTIS to streamline its purchase to pay processes and control expenditure against budget.

 

Harouge Oil Operations is the latest in a long line of oil exploration and production firms to seize upon the “spend control” initiative with Proactis Group. Others include Addax Petroleum, a company listed on the London Stock Exchange with PROACTIS solutions deployed across its operations in Nigeria, Switzerland and Gabon; Star Energy, an AIM-listed company with oil fields across the UK; JKX Oil & Gas, a FTSE 250 company with operations across Russia and the Ukraine; and EKB, a joint venture involving energy giant BP, ZNB and Dong Energy.