DNV GL Launches Projects to 'Leverage Opportunities from Digitalization'

DNV GL is funding 43 new joint industry projects in 2016, in addition to launching a new Step Change innovation program, in order to help customers “leverage opportunities from digitalization”, according to a company statement. 

Both initiatives are based on closed interaction and collaboration with industry partners and address challenges regarding standardization, operations (OPEX services), safety, environment, regulations and performance. Only one in five oil and gas companies see themselves as highly digitalized today, according to an industry study by DNV GL carried out this year, however, close to half of senior oil and gas professionals (45 percent) already see solid or high potential for big data and analytics to transform the operating efficiency of the industry in 2016.

DNV Oil & Gas Technology Manager, Rolf Benjamin Johansen, said in a DNV statement:

“DNV GL led JIPs aim to provide insights into future trends and technologies. Many of the projects result in new industry standards and practices that support innovation and flexibility in design while managing costs and maintain safety levels.”  

Kjell Eriksson, DNV’s regional manager for Norway, said in an organization release:

“Step change is exactly what it says – a paradigm shift in how we drive innovation to quickly test out data smart solutions and new business models with strong customer involvement at an early stage. In the current price environment, innovation is even more critical. It can both help the industry to reduce complexity short term by standardizing parts and processes and enable new technological developments long-term that will drive efficiencies. At DNV GL, we are continuing to invest five percent of our revenue in R&D because it enables us to provide long-term foresight for our customers.”

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