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Digitizing the Oil Barrel  image
Digitizing the Oil Barrel  logo

Digitizing the Oil Barrel

  • 9%

    9% of cross-border global oil shipments gets disputed

  • 50%

    50% of back-office costs are spent on documentation and information exchange

  • $1 bn

    $1 bn annual potential savings in G&A expenses

Industry Opportunity

Information exchange in the oil industry today is largely manual, with redundancies in regulatory reporting. Analysis of origins and traceability of flows is susceptible to errors, miscommunication and misrepresentation. The standard today is for each participant in the value chain independently maintaining status information siloed in multiple systems, exchanging information through point to point communications, resulting in a complete lack of an end to end view.

Trusted Data Exchange for Oil image

Trusted Data Exchange for Oil

Neoflow is a platform accessible by industry, border control agencies and relevant government entities. Neoflow tracks key value chain events, while digitizing relevant documentation such as Bills of Lading and Certificates of Origin.

  • Check iconProvable product traceability
  • Check iconFaster custom clearance
  • Check iconProof of origination

Key Features

  • Immutable tracking of events and interactions image

    Immutable tracking of events and interactions


    End-to-end visibility of the products’ lifecycle, from wellhead production, to upgrading, inspection, transportation import and refinement.

  • Digitized regulatory reporting and border clearance process image

    Digitized regulatory reporting and border clearance process


    Import and regulatory reporting processes are automated, by providing a common and standard framework for data exchange.

  • Trusted digital history image

    Trusted digital history


    Standardized production record, updated in real-time that establishes a trusted digital history of ownership, records and lifecycle of events

Contact us to discover how Neoflow can transform your business

Contact us to discover how Neoflow can transform your business

What our clients are saying…

“ The global oil and gas sector has an urgent need for digital transformation and interconnectedness. Mavennet is making big strides in digitizing energy, by connecting the entire value chain through an unparalleled solution that provides history that can be trusted, from the well to the pump. Neoflow is a fundamental step in transitioning towards a more responsive, collaborative and secure oil and gas industry. ”

Geoffrey Cann

Ready For Liftoff?

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