IFS and Det Norske Veritas Join Forces

Monday, February 04, 2002
IFS Norway AS and Det Norske Veritas (DNV) have agreed to combine their technology by developing an IT solution for the international maritime market. The solution will become the first of its kind on the global market and will be focused on ensuring stable and safe operations of Floating Production, Storage and Offloading (FPSO) vessels for oil production offshore. One month from now, the partners will present a prototype of an integrated solution combining the DNV's solutions for design and strength assessments of FPSOs with the market-leading ERP business applications suite, IFS Applications. The prototype will be presented in Spain at a conference related to the offset program with Spain in connection with the Norwegian Government's procurement of frigates to the Royal Norwegian Navy from the Spanish shipbuilding corporation Izar. DNV Software (DNV's business unit for software solutions) and IFS represent some of the leading- edge environments within their markets. The solution they are about to jointly develop will cover all phases in the life cycle of a floating oil production vessel, i.e. the design of the vessel, the construction and the operation offshore. This is a new concept where two leading players join forces by combining their expertise within hull construction and maintenance of such asset-intensive operations. The solution will provide completely new opportunities to make fast and sound decisions to minimize downtime in the oil production without compromising safety on board. During the next five years it is expected that approximately 60 FPSO vessels will be built on the worldwide market. DNV Software's FPSO Package will be utilized in a number of these projects for design and strength assessments. Combined with the IFS Applications, the new solution will enable the operators to maintain a higher level of maintenance and thereby reduce downtime in the offshore oil production from these vessels.
Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Schlumberger Announces Q1 Results

Schlumberger Limited (NYSE:SLB) today reported first-quarter 2014 revenue from continuing operations of $11.24 billion versus $11.91 billion in the fourth quarter of 2013, and $10.

Russia Ships First Oil From Offshore Arctic Platform

President Vladimir Putin hailed Russia's first shipment of Arctic offshore oil on Friday, saying the platform decried by environmentalists will help Moscow expand its global energy markets share.

Shipping Turns From Banks to Equity Markets for Cash

Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1579 sec (6 req/sec)