/EINPresswire.com/ -- HOUSTON, TX--(Marketwired - May 05, 2016) - OTC, Houston: In a concerted drive to find smart solutions to safely reduce complexities and cost in the North American oil and gas industry, DNV GL is leading seven new joint industry projects (JIP) from the region in 2016. The initiatives will support overall efficiency efforts in the pipelines, wells and subsea, umbilicals, risers, and flowlines (SURF) sectors.

Key focus areas for DNV GL in 2016 will be centered around solving challenges around standardization, operations (OPEX services), safety, environment, regulations, and performance.

"Our collaborative projects are pivotal in strengthening the industry throughout the Americas and helping it move forward and out of the difficulties we are currently facing," said Peter Bjerager, executive vice president, Oil & Gas - DNV GL Region Americas. "As an independent third party we are uniquely positioned to provide a neutral ground for collaboration."

DNV GL is inviting industry players to take part in the following JIPs:

• Extended application of corrosion resistant alloys
• Guidance for qualifying materials in compliance with API 17TR8 HPHT design guidelines for subsea equipment
• Increased consistency for sour service testing and assessment
• Sour HPHT fatigue testing for clad subsea components
• Prediction of internal flow induced vibration of complex subsea pipework
• Jumper VIV instrumentation and field measurements -- expanding ongoing JIP
• Safe assessment of embedded flaws in sour pipelines

According to a recent research report published by DNV GL1, one-third of North American respondents are concerned that they do not have a strategy in place to maintain innovation in a declined market. However, 31% see greater involvement in JIPs as a priority over the next 12 months, while four in ten want to increase collaboration with other industry players (40%).

The report also found that six out of ten (60%) respondents agreed that operators will increasingly push to standardize their approach globally -- up from 42% in 2015. Only 9% expect an increase in spending in R&D and innovation, a figure that has been cut by more than half in two years, from 20% in 2014.

"Like the global oil and gas industry, companies in North America are braced for an extended period of lower oil prices, which is leading to continued pressure on cost management. However, it is encouraging that there is still enthusiasm to work together and drive greater standardization and reduce inefficiencies. The success of our collaborative approach has seen the introduction of new industry standards and practices which help advance innovation and reduce complexity."

In total, 43 DNV GL-led JIPs have been initiated globally this year, in addition to the launch of a new Step Change innovation program to help customers leverage opportunities from digitalization.

DNV GL's 'Technology Outlook 2025' report predicts and showcases technology trends across a number of industries. For oil and gas, key developments include digitalization, connectivity, automation and remote operation.

A replay of the press conference hosted by DNV GL at OTC will be available by clicking here. The press conference is announced the results of the WIN WIN JIP which assessed the technical and commercial feasibility of using floating wind turbines to power water injection systems offshore. The event also showcased other collaborative DNV GL-led projects.

Download a complimentary copy of A New Reality: the outlook for the oil and gas industry in 2016.

Download DNV GL's ' Technology Outlook 2025 ' report and videos

Download images here

Notes to Editors
1. A New Reality: the outlook for the oil and gas industry in 2016 is an industry benchmark study from DNV GL, the leading technical advisor to the industry. Now in its sixth year, the programme builds on the findings of five prior annual outlook reports, first launched in early 2011. During October and November 2015, we surveyed 921 senior professionals and executives across the global oil and gas industry. More than a third (35%) of respondents work for oil and gas operators, while 60% are employed by suppliers and service companies across the industry. The remaining respondents come from regulators and trade associations. The companies surveyed vary in size: 40% had annual revenue of USD 500m or less, while 14% had annual revenue in excess of USD 10bn. Respondents were drawn from publicly-listed companies and privately-held firms. They also represent a range of functions within the industry, from board-level executives to senior engineers.

About DNV GL
As of 12 September 2013, DNV and GL have merged to form DNV GL. Driven by our purpose of safeguarding life, property and the environment, DNV GL enables organizations to advance the safety and sustainability of their business. We provide classification and technical assurance along with software and independent expert advisory services to the maritime, oil & gas and energy industries. We also provide certification services to customers across a wide range of industries. With our origins stretching back to 1864, our reach today is global. Operating in more than 100 countries, our 16,000 professionals are dedicated to helping our customers make the world safer, smarter and greener.

About DNV GL - Oil & Gas
In the oil and gas industry, GL Noble Denton and DNV's Oil & Gas business have joined forces to enable safe, reliable and enhanced performance in projects and operations. We provide a broad range of services, such as technical assurance; marine assurance and advisory; risk management advisory and offshore classification. Our 3,500 employees combine industry expertise, multidisciplinary skills and innovation to solve complex challenges for our customers. Together with our partners, we drive the industry forward by developing best practices and standards across the asset lifecycle.

For media enquiries or images, please contact:
Rachel Carmichael
Communications Manager
Oil & Gas and Maritime - Americas
Tel: +1 (832) 776-6028
E-mail: Rachel.carmichael@dnvgl.com

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