DNV GL Transfers 40 years Offshore Data To Digital Format

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Offshore and onshore reliability data (OREDA), gathered by several oil and gas operators for nearly four decades goes online through DNV GL’s data platform, Veracity, says a press release published on their website.

OREDA handbook

The OREDA handbook, established in 1981 in cooperation with the Norwegian Petroleum Directorate, has amassed data from almost 300 installations.  

This includes the collection and analysis of data from over 18,000 equipment units with 43,000 failure and 80,000 maintenance records. 

The databank also includes information on subsea fields with more than 2,000 years of operating experience. 

Traditional handbook to a digital tool 

DNV GL in partnership with French IT service provider SATODEV and OREDA member companies, has moved the data from the traditional handbook to a digital tool called ’OREDA@Cloud’. The digital tool is available via DNV GL’s Veracity data platform.  

Joint Industry Project 

Instigated by a joint industry project (JIP), it aims to allow users to have easier, more efficient, interactive access to the OREDA database. 

“It is crucial for the oil and gas industry to be able to learn from past events to maintain the highest standards of safety and quality in the future. The OREDA dataset is an important asset for this. Delivering this information easily through Veracity will help stakeholders unlock, qualify, combine and prepare data for analytics and benchmarking, create new insights and develop innovative solutions making contributions to a safer and more efficient oil and gas industry,” said Liv A. Hovem, CEO, DNV GL – Oil & Gas.  

Software & dataset availability

The OREDA software and dataset will be available by subscription from the Veracity marketplace, which has over one million subscriptions to digital solutions and services across the oil and gas, renewables and maritime sectors. 

About OREDA@Cloud tool 

According to Nicolas Clavé, Total’s representative to OREDA and JIP Steering Committee Chairman:

The OREDA@Cloud tool has been developed to give users the ability to search and investigate data previously held in the physical OREDA handbook. The last edition was issued in 2015. 

Working

Users can apply filters and analyse the OREDA reliability database. Going digital through the Veracity platform is a real step-change for those wanting to access and use what is today the largest reliability database of the oil and gas industry.

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Source: DNV GL