In this context, advanced RAM studies are the centre of the operational excellence approach. Using advanced RAM tools allows analysts to incorporate uncertainties and the underlying complexity of oil and gas assets to the business plan. These uncertainties are normally related to unplanned events that range from equipment failures to market constraints.
In this webinar video, we discuss the use of advanced RAM studies to assess the business plan of an oil and gas asset, by using DNV GL's advanced RAM analysis tool Maros.
Watch the video and learn more.