Rapid Virtual Enterprising to Manage Complex and High-Risk Assets

Rapid Virtual Enterprising to Manage Complex and High-Risk Assets

Jayantha P. Liyanage (University of Stavanger, Norway)
DOI: 10.4018/978-1-59904-893-2.ch051
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Abstract

Operational enterprising is gradually emerging as a new solution to manage offshore assets on the Norwegian Continental Shelf (NCS). This is seen as an inevitable step-change with respect to obvious commercial challenges in the immediate future, and thus has become an integral component in the new efficiency leap of oil and gas (O&G) production business. This rapid enterprising solution in principal is based on the use of advanced ICT solutions, and active integration of technical disciplines, experts, and organizations to establish Smart assets. This would eventually allow the offshore assets to be supported and managed on a 24/7 online real-time basis irrespective of the geographical location. It has already begun to break the conventional organizational barriers and has brought an explosive growth in the use of advanced technologies. Current rapid enterprising practice on NCS exemplifies the usability of robust technologies blended with innovative organizational solutions as new frontiers in search of commercial excellence.

Key Terms in this Chapter

Direct Image Access: Provision of access to a physical image online real-time to a remotely located expert using advanced technological capabilities.

Integrated Information Platforms: Information systems solution with an integrated architecture for compiling and sharing of information across different technical disciplines, experts, and organizations to facilitate active collaboration.

Enterprising: Establishing a large scale extended organizational form involving a number of distinctive organizations through fusion of a specific set of tasks and responsibilities dedicated to achieve a set of common objectives.

Expert Localization: Locating an expert for his or her expert assistance to a given problem that occurred elsewhere regardless of the actual location of physical presence with the purpose of closing the physical gap between the problem and the expert.

Rapid Virtual Enterprising: Enterprising effort dedicated to establishing a functionally very dynamic setting with no geographical barriers to work more or less in a virtual mode through robust technical solutions for enhanced interactivity and connectivity.

Technology-Embedded Support Centres: Support centres built with advanced information and communication technology solutions and other capabilities, to provide necessary expert assistance in managing a production plant or facilities.

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