Yes, it's possible. Oracle doesn't care about the wall-clock time, and will keep the redo log stream intact, regardless of what time the hosting server is set to.
The whole procedure is quite simple:
1. shutdown the database and listener
sqlplus / as sysdba
shutdown immediate
exit
lsnrctl stop
2. as root, change the system time. In my example, I am setting it to 10 days into the future:
Thu Dec 15 12:27:00 CET 2016
[root@myserver ~]# date
Thu Dec 15 12:27:01 CET 2016
3. Disable NTP på serveren:
service ntpd stop
4. Open the instance and the listener
sqlplus / as sysdba
startup
exit
lsnrctl start
5. Verify that the database has picked up the new system time
SQL> select startup_time from v$instance;
STARTUP_TIME
-------------------
15.12.2016 12:28:17
6. Have a look at the archived logs:
select name,sequence#, archived,applied, status, completion_time from v$archived_log;
NAME SEQUENCE# ARCHIVED APPLIED STA COMPLETION_TIME
------------------------------------------------------------------------- ---------- --------- ---------- --- -------------------
/u04/fra/mydb/archivelog/2016_12_05/o1_mf_1_12538__1480935048084626_.arc 12538 YES NO A 05.12.2016 11:50:48
/u04/fra/mydb/archivelog/2016_12_05/o1_mf_1_12539__1480935059227231_.arc 12539 YES NO A 05.12.2016 11:50:59
Force a log switch and note the time stamp of the last log:
alter system archive log current;
NAME SEQUENCE# ARCHIVED APPLIED STA COMPLETION_TIME
------------------------------------------------------------------------- ---------- --------- ---------- --- -------------------
/u04/fra/mydb/archivelog/2016_12_05/o1_mf_1_12538__1480935048084626_.arc 12538 YES NO A 05.12.2016 11:50:48
/u04/fra/mydb/archivelog/2016_12_05/o1_mf_1_12539__1480935059227231_.arc 12539 YES NO A 05.12.2016 11:50:59
/u04/fra/mydb/archivelog/2016_12_15/o1_mf_1_12540__1481801585872720_.arc 12540 YES NO A 15.12.2016 12:33:06
Change back again:
7. shutdown the database and the listener
sqlplus / as sysdba
shutdown immediate
exit
lsnrctl stop
8. enable ntp to have the server syncronized with the current time:
service ntpd start
9. Open the database
sqlplus / as sysdba
startup
exit
lsnrctl start
10. Check the archived logs again. Note that the log sequence doesn't care what the registered time was at the time of the log switch:
select name,sequence#, archived,applied, status, completion_time from v$archived_log;
NAME SEQUENCE# ARCHIVED APPLIED STA COMPLETION
------------------------------------------------------------------------- ---------- --------- ---------- --- ----------
/u04/fra/mydb/archivelog/2016_12_05/o1_mf_1_12538__1480935048084626_.arc 12538 YES NO A 05.12.2016
/u04/fra/mydb/archivelog/2016_12_05/o1_mf_1_12539__1480935059227231_.arc 12539 YES NO A 05.12.2016
/u04/fra/mydb/archivelog/2016_12_15/o1_mf_1_12540__1481801585872720_.arc 12540 YES NO A 15.12.2016
alter system archive log current;
select name,sequence#, archived,applied, status, completion_time from v$archived_log;
NAME SEQUENCE# ARCHIVED APPLIED STA COMPLETION
------------------------------------------------------------------------- ---------- --------- ---------- --- ----------
/u04/fra/mydb/archivelog/2016_12_05/o1_mf_1_12538__1480935048084626_.arc 12538 YES NO A 05.12.2016
/u04/fra/mydb/archivelog/2016_12_05/o1_mf_1_12539__1480935059227231_.arc 12539 YES NO A 05.12.2016
/u04/fra/mydb/archivelog/2016_12_15/o1_mf_1_12540__1481801585872720_.arc 12540 YES NO A 15.12.2016
/u04/fra/mydb/archivelog/2016_12_05/o1_mf_1_12541__1480937880624137_.arc 12541 YES NO A 05.12.2016