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Optimizing production and minimizing costs continues to be a constant challenge for the oil and gas industry. A successful design configuration, profitable operations, and maintenance strategy rely on a clear understanding of how best to quantify and fully optimize productizing factors and predicting the performance of a system throughout its life is a complex task. Processes rarely remain constant over their design life as production capacity changes, products, and process conditions change. Add to this the complex nature of dependencies and constraints in equipment configuration and maintenance found in large scale upstream oil and gas systems, and the challenges of finding a successful design and efficient operating procedure are evident.
Oil and gas organizations need to easily make informed decisions about their assets using data (including financial aspects) to perform cost/benefit analysis to investigate different design alternatives.
New technologies continually offer opportunities to improve the efficiency of the system and DNV GL has a long history of over 30 years of working closely with the upstream and downstream oil and gas industry while developing world standard RAM analysis software that can be applied throughout the whole project asset lifecycle. If you are facing a modeling challenge, most likely we have faced it and solved it.
Join our experts at this seminar to learn how Maros and Taro can help you increase production efficiency, reduce operational expenditures, and optimize capital expenditure of oil and gas assets within your organization.