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Powerful workflows – Integrating Insights

Powerful workflows – Integrating Insights

Increasing workflow efficiency is a key area of Asset Performance Management (APM). Poor information management is a hidden cost that can account for up to a fifth of operational budgets. New technology will enhance the existing workflows and create ...

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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 ...

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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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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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Maros and Taro - New Release!

Maros and Taro - New Release!

Today we’re releasing a new version of Maros and Taro! In the release of the next generation of DNV GL’s Advanced RAM tools, we’re introducing a completely revamped interface with Ribbon technology, as well as a lot of new features that should optimise the modelling process. ...

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Power of 1% - On-going optimisation

Power of 1% - On-going optimisation

Optimisation is a key to our success in such a challenging time. My colleague Kenny Shaba has recently shared some insightful statistics – please check the picture below: These numbers were taken from here. In the oil and gas industry, we ...

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More on Lifecycle cost (LCC) analysis

More on Lifecycle cost (LCC) analysis

I was running through some old articles we have here and came across the following (interesting) case study. This article is from 2003 and remains valuable today! Life Cycle Cost Analysis Using Advanced Simulation A petrochemical facility was e ...

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Life Cycle Cost analysis at the Operational stage

Life Cycle Cost analysis at the Operational stage

In a period with oil prices under pressure, understanding the risks and potential financial impact is essential to ensure a healthy business. With this in mind, life cycle cost analysis plays an important role in assisting estimation of the economic ...

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It is TARO, not TAROS! :)

It is TARO, not TAROS! :)

TARO is completing 17 years in 2015 and I thought we should do justice to its real name: It is TARO, not TAROS! :) Putting jokes aside, Taro is an expert tool and models can range from “simple” refinery units to countrywide gas distribution netw ...

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A little bit of history of our new CEO (and RiskEx)

A little bit of history of our new CEO (and RiskEx)

Since October 2014, the Board of Directors has undertaken an extensive search and selection process to find and appoint the new DNV GL Group President & CEO, in preparation for the planned retirement of the current CEO Henrik O. Madsen. The Board ...

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