PLANO, TX, Aug 3, 2017 – DNV GL and Siemens lead the way in asset lifecycle management for the oil and gas industry. In collaboration with Siemens, DNV GL is combining deep technical domain knowledge from oil and gas projects and operations with Teamcenter product lifecycle management (PLM) technology into a powerful digital asset model.
DNV GL, the technical advisor to the oil and gas industry, has chosen Siemens’ Teamcenter portfolio, the world’s most widely used digital lifecycle management software, to help its customers manage the safety and performance of all information over the asset lifecycle. Taking the next step in efficient and information-driven asset lifecycle management, the two companies will combine DNV GL’s deep technical domain knowledge from oil and gas projects and operations, with Siemens’ PLM software technology, to create a powerful digital asset model.
The collaboration between Siemens and DNV GL will support the oil and gas industry’s increasing focus on its digital transformation. Research conducted by DNV GL1 reveals that nearly half (49 percent) of senior oil and gas executives believe digitalization is necessary to boost profitability. Thirty-nine percent believe spending on digitalization will increase in 2017.
The asset information lifecycle, from feasibility stage through end of life, currently suffers from disparity of information formats and no single source of essential asset information among owners, operators, designers, yards and manufacturers. This, in turn, leads to cost, quality and safety issues both in engineering as well as during operations and asset modifications. DNV GL is tackling these challenges by combining unique domain knowledge with the breadth and depth of Siemens’ Teamcenter portfolio.
“DNV GL’s deep technical expertise is involved in all stages of the asset lifecycle, supporting customers in optimising their performance, and ensuring safe and reliable operations,” said Elisabeth Tørstad, ceo, DNV GL – Oil & Gas. “By working with Siemens and its Teamcenter software, our customers will be able to save time in reviewing critical asset lifecycle information and work more collaboratively with industry partners. Users will have access to an online, self-service portal that offers automated compliance-checking, benchmarking and data mining capabilities.”
As part of the implementation, DNV GL will take advantage of Active Workspace for Teamcenter software, which provides a streamlined and intuitive user experience across operating systems and computing devices to facilitate smarter decision-making.
“With the rise of digitalization, improved collaboration will enable the industry to transform to meet the demands of the new era and become profitable,” said Joe Bohman, senior vice president of Lifecycle Collaboration Software for Siemens PLM Software. “The backbone of Siemens’ Teamcenter software is Product Lifecycle Management, the ability to manage large volumes of complex information integrated with engineering tools over the lifecycle from cradle to grave. Solutions that allow users to master new challenges collaboratively, and therefore quickly and simply, will help companies meet these future needs. We are proud that DNV GL decided in favor of Siemens PLM Software to boost its group-wide digitalization strategy using Teamcenter.”
About Siemens PLM Software
Siemens PLM Software, a business unit of the Siemens Digital Factory Division, is a leading global provider of software solutions to drive the digital transformation of industry, creating new opportunities for manufacturers to realize innovation. With headquarters in Plano, Texas, and over 140,000 customers worldwide, Siemens PLM Software works with companies of all sizes to transform the way ideas come to life, the way products are realized, and the way products and assets in operation are used and understood.
For more information on Siemens PLM Software products and services, visit www.siemens.com/plm.
About Siemens AG
Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years. The company is active in more than 200 countries, focusing on the areas of electrification, automation and digitalization. One of the world’s largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of efficient power generation and power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. The company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2016, which ended on September 30, 2016, Siemens generated revenue of €79.6 billion and net income of €5.6 billion. At the end of September 2016, the company had around 351,000 employees worldwide.
Further information is available on the Internet at www.siemens.com.
About DNV GL
Driven by their purpose of safeguarding life, property and the environment, DNV GL enables organizations to advance the safety and sustainability of their business. Operating in more than 100 countries, their professionals are dedicated to helping their customers in the maritime, oil & gas, energy and other industries to make the world safer, smarter and greener.
DNV GL is a technical advisor to the oil and gas industry. They bring a broader view to complex business and technology risks in global and local markets. Providing a neutral ground for industry cooperation, they create and share knowledge with our customers, setting standards for technology development and implementation. From project initiation to decommissioning, our independent experts enable companies to make the right choices for a safer, smarter and greener future.