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Breaking from a Vicious Cycle of Maintenance Strategy

Breaking from a Vicious Cycle of Maintenance Strategy

The oil and gas industry is going through a tough period and many companies are downsizing. Oil and Gas UK reports that jobs in the North Sea have been reduced by 1/3 over the last three years. Unfortunately, we can see this trend all over world for ...

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Day One Strategy: Asset Performance Management (APM)

There is no room for mistakes in the oil and gas industry today - Investments must be placed in the right area since day one. This statement is true during the design-phase and Operations and Maintenance phase. It is no big news to anyone that margin ...

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Greetings from the North Pole!

Greetings from the North Pole!

Our colleague Tom Gilmour, head of Product Strategy for DNV GL - Software, recently received this letter from a satisfied customer, and we thought you would like to see it.  Enjoy! Hi! Santa here; just wanted to give an update on how the tran ...

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Supply Chain Modelling: Shipping and Logistic Operations

Supply Chain Modelling: Shipping and Logistic Operations

One of the key challenges of the oil and gas industry refers to the increasingly complexity of its supply chain. Maros and Taro allow users to take into account key aspects of Supply Chain Modelling: Shipping and Logistics Operations. The demand for ...

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What Richard Feynman has to do with Risk and Reliability analysis?

What Richard Feynman has to do with Risk and Reliability analysis?

What Richard Feynman has to do with Risk and Reliability analysis? Having worked with both methodologies for more than 8 years now, I feel like I can easily answer this question: we are not very good at explaining “things”. Richard Feynman Ri ...

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Modelling different upstream oil and gas operations

Modelling different upstream oil and gas operations

Typically offshore operations fall into one of three categories,  Shallow water operations, where water-depth is smaller than 1,000ft, deep-water where water-depth is deeper than 1,000ft but under 5,000ft and, finally,  ultra-deep water is anythi ...

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What are the differences between Maros and Taro?

What are the differences between Maros and Taro?

What are the main differences between Maros and Taro? The main differences are mainly on a block flow diagram level - What does this exactly means? Development of Maros was started in 1984 with a discrete event based simulation tool initially fo ...

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Digitalization, digital twins and cyber-physical systems...what's in it for us?

Digitalization, digital twins and cyber-physical systems...what's in it for us?

In a recent article, I wrote a bit about technology waves and the difficulty we experience when we have to decide on jumping onto a wave or just letting it pass by. Actually, the same applies to all the buzz-words you face when working in the tech-in ...

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Operational Excellence - Webinar-series: Building your business with RAM analysis -

Operational Excellence - Webinar-series: Building your business with RAM analysis -

Operational Excellence is a collaborative approach involving a number of techniques and processes to boost operating efficiency and reduce fixed cost. DNV GL is organizing a series of webinars on Operational Excellence for RAM professionals where you will learn to extend the impact of RAM models throughout your organisation. ...

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Eight questions about Operational Risk

Eight questions about Operational Risk

Today our post will be special – we managed to find some time in What are the main challenges when performing Operational risk analyses by Graham Bennett  Graham Bennett’s busy schedule and asked him: Eight questions about Operational Risk. F ...

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