18 th February 2014 Dear RAM analyst, The purpose of this letter is to provide useful information in regard to activities related to DNV GL Software’s RAM products: Maros and Taro. The year 2014 kicks-off with exciting news related to the new DNV GL group and for the RAM Product, with the imminent release of Maros 9 and Taro 5. In this status note, you will fi nd information on: DNV GL merge: Optagon and potential synergies. Flow network of Maros 9 DNV GL Software blog New DNV GL group DNV and GL have merged to become one company. The new entity is called DNV GL Group and started operations on the 1 stJanuary 2014. DNV GL is now the world’s leading ship classification society and risk advisory group in the oil and gas, renewable energy and power sectors, and in the global top three within management system certification. The new group also introduces a world leading software-house to the market. With over 700 employees and revenue of approximately US$100 million, DNV GL Software offers solutions to support a variety of business critical activities including design and engineering, risk assessment, asset integrity and optimization, QHSE, and ship management. Legacy GL group brings a well-established suite of tools focussed on asset integrity, flow network modelling, and other oil and gas, utilities and power related tools. A lot of synergies with legacy DNV products are being identified and opportunities of further development will greatly benefit our end- users. A few integration projects are being kicked-off to find the best way of integrating different technologies. Regarding RAM products, legacy GL’sOptagon software tool for RAM becomes part of DNV GL group. Optagon incorporates the extensive knowledge our colleagues in legacy GL had related to RAM studies, especially during the operational stage. Historically, Optagon has been comprehensively used to model gas assets and, for this reason, it has a range of features related to the gas industry –demurrage, product transportation modelling and an optimiser. An integration process has been started and, with time, the best of Maros, Taro and Optagon tools will be integrated into the Maros and Taro common simulation engine and will be available to DNV GL clients. Flow network in Maros 9 The most important and thought provoking step in Maros has always been to formulate a logic flow network which will reflect the system connection and its interdependencies. A logic flow network can be considered to be a high-level reliability block diagram (RBD) and intends to replicate the process flow being modelled for a specific system. This network is built by connecting units focusing on the production aspects of the system such as f low rates and product mass balance s.
