Economic benefits of training simulators
Journal article, Peer reviewed
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Original versionKomulainen, T. M., Sannerud, R., Nordsteien, B., & Nordhus, H. (2012). Economic benefits of training simulators. World Oil, R61.
Use of operator training simulators (OTS) is claimed to be one of the best ways to train new operators and to refresh the skills of experienced ones, providing numerous benefits to the companies. What is the value of an operator training simulator in oil & gas industry? What are the economical and HSE benefits of successful simulator training? How much can be earned or saved by the use of training simulators? How large increase in productivity and effectiveness can be gained? This article reviews the OTS practices and quantifies the benefits of the OTS use based on a survey conducted in the Norwegian Oil & Gas industry during fall 2011.