UK-based Acteon Group subsidiary 2H Offshore has launched its new software 'FlawIQ', which helps perform accurate fatigue assessments for offshore components.
The new engineering critical assessment (ECA) software automates BS7910, as well as API 579 standards and makes it easier to perform the assessments.
The web-based FlawIQ tool eliminates the need for multiple software tools and helps operators save time and money.
2H Offshore vice-president Mike Campbell said: "2H Offshore developed this software to provide our customers with an easier, more streamlined way to perform fracture mechanics.
"The current programmes available on the market are useful, but fail to incorporate both BS7910 and API 579 standards.
"The incorporation of these standards is becoming increasingly important to our clients. With FlawIQ, everything is housed within one programme, no matter which industry standard is required."
FlawIQ enables users to automate flaw ranges, and run multiple cases without the need for manual intervention.
As the programme is customisable, incorporating new solutions is easy and accuracy can also be increased for special situations such as HPHT applications, the company said.
FlawIQ also offers online help facility and access to the company's ECA engineers' team for technical support, as well as training.
The software has various applications within the oil and gas industries.