Plano, Texas and Oslo, Norway, August 2, 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.”
Notes to Editors
1. Short-term agility, long-term resilience is DNV GL’s seventh annual benchmark study on the outlook for the oil and gas industry. It draws on a survey of 723 senior sector players. Illustrations of the industry outlook report and graphs, as well as other images for illustration, are available to download here. The report can be downloaded here.
Photographs of Elisabeth Tørstad can be downloaded here.
Siemens PLM Software, a business unit of the Siemens Digital Factory Division, is a leading global provider of product lifecycle management (PLM) and manufacturing operations management (MOM) software, systems and services with over 15 million licensed seats and more than 140,000 customers worldwide. Headquartered in Plano, Texas, Siemens PLM Software works collaboratively with its customers to provide industry software solutions that help companies everywhere achieve a sustainable competitive advantage by making real the innovations that matter. For more information on Siemens PLM Software products and services, visit www.siemens.com/plm.
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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 our 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, our professionals are dedicated to helping our 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. We bring a broader view to complex business and technology risks in global and local markets. Providing a neutral ground for industry cooperation, we 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.
Note: Siemens and the Siemens logo are trademarks or registered trademarks of Siemens AG. Teamcenter is a trademark or registered trademark of Siemens Product Lifecycle Management Software Inc. or its subsidiaries in the United States and in other countries. All other trademarks, registered trademarks or service marks belong to their respective holders.