DNV Software has won a USD 300,000 software contract with China Petroleum and Chemical Group (SINOPEC) for safety and environmental risk assessment. The contract provides SINOPEC with five site licences of DNV’s market-leading Safeti™ software for risk mitigation of flammable, explosive and toxic accidents.
“The agreement with SINOPEC illustrates China’s commitment to addressing challenges in health, safety and environmental issues for the oil, gas and process industries,” says Øystein Goksøyr, Regional Manager of DNV Software Greater China.
The agreement includes an extensive training package for theoretical and practical application of Safeti Quantitative Risk Assessment (QRA).
“We see an increasing acceptance of risk-based assessment methods in the Chinese industry to avoid or minimise consequences of accidents,” says Goksøyr. “This is reflected in a high demand for the Safeti Quantitative Risk Assessment software. Safeti has rapidly become market leading in China.”
Safeti incorporates the international industry standard for consequence modelling. Accident scenarios are analysed, taking into account the local population, land usage and weather conditions, to quantify the risk associated with the release of hazardous chemicals. In this way major risk contributors are identified and mitigated, thereby avoiding serious accidents.
The software is applicable to more than just the oil and gas industry. Recently, Shanghai Jinhui Occupational & Health Consulting Service invested in Safeti, using the software for risk mitigation in the city planning of Shanghai.
“City planning is a new and exciting segment for us. We expect to see other major cities in China choose Safeti in the near future,” says Goksøyr.
While DNV established its maritime business in China as early as 1888, the regional software office was opened in 2005 to serve the growing markets for industry software in China. “Our China strategy has paid off well,” concludes Goksøyr, who has experienced a revenue growth of 160 per cent from software in the first two years of operation.
| About SINOPEC |
| SINOPEC is China’s largest stateowned energy and chemical company. Its business includes upstream, midstream and downstream operations. It is China’s largest producer and supplier of oil products and petrochemical products. It is also the second largest crude oil producer. |