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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter July 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

C. Raymond Hunt Associates Celebrates 50 Years

C. Raymond Hunt Associates, a boat design firm that continues to expand on the legacy of its founder, C. Raymond Hunt, to produce innovative boats with rugged seaworthiness,

GAC Russia Expands Eastwards

GAC Russia said it is expanding eastwards with the opening of new branches at Nakhodka and Yuzhno-Sakhalinsk to meet demand for shipping services as opportunities open up in Far East.

Young Taken on PESA Advisory Board

Hoover Container Solutions’ chairman and CEO, Donald Young, has been nominated and elected to the Petroleum Equipment & Services Association (PESA) Advisory Board for a three-year term.

 
 
Maritime Careers / Shipboard Positions Navigation Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
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: 0.0886 sec (11 req/sec)