Our blogs Blogs home
Software

Software

Risk Management & Asset Performance

RAM analysis

Posts tagged with 'RAM analysis'

Follow DNV GL on social media
Who is needed to perform a RAM Study?

Who is needed to perform a RAM Study?

In the last post, we discussed what is needed to perform a RAM analysis. Today’s post will try to answer - Who is needed to perform a RAM Study? Just as with our previous post as the asset stage changes, the requirements of the people involv ...

Read more

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 ...

Read more
What is needed to perform a RAM Study?

What is needed to perform a RAM Study?

Maros and Taro require some basic information to run a study. This article aims at answering: What is needed to perform a RAM Study? Design basis The first step of any project aiming at building a RAM model involves becoming familiar with the sy ...

Read more
Terminology Explained: P10, P50 and P90

Terminology Explained: P10, P50 and P90

In today’s Terminology Explained: P10, P50 and P90. When working with Monte Carlo simulations, some parameters that show up quite a lot are the P10, P50 and P90. What are these parameters? Why are they so important? The large amount of data prod ...

Read more
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 ...

Read more
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 ...

Read more
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 ...

Read more
The Operability term

The Operability term

We all know that RAM analysis is a well established methodology used to predict asset performance. We also know that of the challenges of applying this methodology to oil and gas developments; where a large number of interrelated parameters and sys ...

Read more
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 ...

Read more
History of failure data

History of failure data

Maintenance has changed over the past 20 years due to a huge increase in the number and variety of physical assets that must be maintained, more complex designs, new maintenance techniques, more failure data, changing views on maintenance organisatio ...

Read more