Digital Solutions articles

Risk management in high-risk industries: emerging trends, key challenges

Achieving sustainable and safe operations with a dynamic risk management program

10 critical questions you need to answer to successfully implement industrial AI

Implementing AI in the industrial sector can be transformative. AI is not the end goal, but a means to achieve success. However, to ensure a successful and efficient implementation, it’s crucial to address several key questions. Here are 10 critical questions to guide your AI strategy.

• Energy

Improve asset lifecycle management by creating and integrating interoperable information models

The objective of this project was to model digital assets and demonstrate seamless collaboration between engineering and operator companies using standardized asset information models. The project aimed to automate data exchange, reduce manual input and enhance efficiency. The Proof of Concept delivered in December 2022 showcased significant improvements in reducing human errors and operational costs.

Mastering third-party risk management: Strategies, challenges, and digital solutions

AI ‘red-teaming’ for critical infrastructure industries

Artificial intelligence (AI) is transforming industries, driving innovation and reshaping the future. However, with great power comes great responsibility. Ensuring the security and reliability of AI systems is paramount. Enter AI ‘red-teaming'—a proactive approach to identifying and mitigating vulnerabilities in AI systems. This article explores the concept, process, benefits, challenges and future of AI red-teaming.

• Energy

Management of Change: Enhancing safety and risk management across Synergi Life

Read how managing change effectively is critical to ensuring safety and operational success.

Introducing Synergi Life AI Advisor

Elevate your QHSE and risk management with AI.

How DNV safeguards Synergi Life: A comprehensive approach to cybersecurity

Here’s how DNV ensures the security of Synergi Life throughout the Software Development Lifecycle (SDLC).

Best practices for HSE incident management in high-risk industries

This guide outlines the best practices for handling every phase of incident management, from reporting and immediate response to investigation, documentation and corrective actions.

• Energy

Streamline floating wind design collaboration with the Bladed-OrcaFlex co-simulation link and DNV concept turbine models

Cut costs, reduce uncertainty, and boost competitiveness in floating wind design. The Bladed-OrcaFlex co-simulation link and DNV’s concept turbine models give foundation designers the edge they need for optimized, collaborative, and cost-effective designs.

• Energy

Validating the safety case for hydrogen

There is a consensus on the need to shift away from fossil fuels, but the decarbonization market is riddled with uncertainty. Even hydrogen, an essential pathway to net zero and a clean energy future, presents safety concerns. Given the potential risks and complexities associated with the use of hydrogen, there is a pressing need for reliable software models and digital solutions. These tools can help identify and mitigate these risks, ensuring a safer transition to cleaner energy sources. Coupling these models and solutions with rigorous testing and validation is crucial to ensure their accuracy and effectiveness.

• Energy

The ultimate guide to Operational Risk Management within the Oil and Gas industry

Mitigating your company’s risk using operational risk management.

• Energy

Using RAM in Offshore Wind Project Series - Concept Phase

Read how significant technology development in both floating wind and bottom fixed turbines can reduce costs, scale, and increase applicability.

• Energy

Using RAM in Offshore Wind Project Series - Operations Phase

Read how the RAM approach can support in balancing costs and reliability in offshore wind operations.

• Energy

Using RAM in Offshore Wind Project Series - Design Phase

Read how the global offshore wind industry is bolstered by the RAM approach to tackling design and engineering challenges

• Energy

Synergi Life’s whistleblowing and anonymous reporting features

Ensuring compliance and ethics through Synergi Life’s whistleblowing and anonymous reporting features

New model helps engineers predict wind turbine standstill vibration in extreme conditions

A new model developed by DNV significantly improves predictability around how wind turbines behave during extreme weather, reducing uncertainty and risk for modern flexible turbines.

• Energy

Automating renewables project development to scale the energy transition

• Energy

Energy transition in focus: The role of digitalization

As the world transitions to a more sustainable future, players in the oil and gas industry are proactively adapting by diversifying their portfolios becoming energy companies with a commitment to a net zero future. To do that safely and profitably, all aspects of the transition and the options available need to be carefully weighed and measured before commitments are made and that will almost certainly require risk management and digital solutions expertise. Only then can the investments be made for large scale energy transition.

• Energy

Digitalization tools tackling headwinds

Wind power along with solar is seen as one of the most important elements of the power transition away from fossil fuels. However, despite promises by half of the world’s nation states, there are many challenges still to overcome.

• Energy