Big Data – Industry Caught In Catch 22, Says DNV GL Mar 18, 2016
Only one in five oil and gas companies see themselves as highly digitalized today. However, close to half of senior oil and gas professionals (45%) already see solid or high potential for big data and analytics...

Risk-based approach to valve testing in wells could save US$10m annually per asset Jun 26, 2015
Reducing expenditure while continuing to improve safety and reduce risk is a key driver for the oil and gas industry especially in today’s cost constrained environment. DNV GL and ExproSoft are now joining forces to offer a risk based approach to testing barrier valves in subsea completed wells applicable worldwide. The objective is to reduce both downtime and risk related to shut-in and restart of wells in addition to substantial cost savings.

P&A Guideline from DNV GL could save the oil and gas industry more than USD32 billion Jun 17, 2015
The plugging and abandonment (P&A) of offshore wells represents a significant cost to operating companies and national authorities. On the Norwegian Continental Shelf (NCS) alone, the cost is estimated to be USD108bn (NOK1870bn) over the next 40 years. Now a new DNV GL guideline will introduce a risk-based approach instead of the current prescriptive practice.

DNV GL appoints Tor Svensen as Group EVP and Knut Ørbeck-Nilssen as Maritime CEO Jun 15, 2015
DNV GL Group has appointed Tor Svensen as Group Executive Vice President. Knut Ørbeck-Nilssen will succeed Tor Svensen as Chief Executive

Large scale experimental data released to enhance CO2 pipeline design safety Jun 8, 2015
The subject of CO2 transportation by pipeline is of increasing importance as many governments and communities worldwide come to terms with the challenges of carbon capture, utilisation and storage (CCUS) for the mitigation of climate change. The transportation aspect, is however, often looked upon as the ‘missing link’. The DNV GL led CO2PIPETRANS joint industry project (JIP) has just released a third batch of valuable experimental data that will greatly assist in the design process of CO2 pipelines.

DNV GL JIP investigates flow meter technology Jun 4, 2015
World Gas Conference, Paris: Accurate allocation measurement results are a key financial and commercial driver for E&P companies.

Solid first annual results for DNV GL May 20, 2015
2014 was the first full financial year of the DNV GL Group AS (DNV GL) following the merger between DNV and GL. “While both managing the ambitious

DNV GL’s unmanned FLNG concept boosts safety and reduces costs May 20, 2015
DNV GL has developed a new unmanned floating LNG concept that overcomes many of the challenges currently faced by those looking to unlock the potential of remote offshore gas fields.Called Solitude, the concept demonstrates how technological advances – most of the technology already within reach - can be combined into a solution that offers some 20 percent reduction in annual OPEX, only adding a few percent increase in CAPEX and at the same time increase the overall safety.

DNV GL awarded offshore pipelay surveillance contract for Polarled pipeline May 14, 2015
As new fields have become increasingly complex, the pipeline segments have also experienced cost challenges like other parts of the industry.

DNV GL awarded TQ contract with KOGAS May 12, 2015
DNV GL Korea has been awarded a technology qualification (TQ) contract with Korea Gas Corporation (KOGAS) for a FEED Package for a 5MTPA onshore LNG liquefaction plant based on the innovative KSMR™ liquefaction process. KSMR™ is a new natural gas liquefaction process and is for LNG plants and floating LNG due to its compactness. A pilot KSMR™ LNG liquefaction

UN Secretary-General appoints DNV GL CEO Henrik O. Madsen as new Global Compact board member May 11, 2015
United Nations Secretary-General Ban Ki-moon has appointed Dr Henrik O. Madsen, Group President & Chief Executive Officer of DNV GL, as a new board member to the UN Global Compact board, the world’s largest voluntary corporate sustainability initiative. As a Board member, Dr Madsen will join other leaders from business, labour and civil society, and serve as a champion of the UN Global Compact and its mission. He will act in a personal and honorary capacity for a period of three years, starting from 1 June 2015.

New DNV GL study projects regulatory futures; more must be done to reduce major accid May 8, 2015
DNV GL study analyses current regulatory regimes, outlining possible future developments and DNV GL’s recommendations to reduce the risk of major accidents.

DNV GL supports operators moving from exploration to production May 7, 2015
With lower oil prices and smaller margins, good project management is more important than ever, yet operators are often challenged when moving from field development projects into the operational phase. DNV GL has therefore developed a framework and roadmap for planning operations. This will support smaller operators in the transition from exploration to production to ensure a safe and cost-efficient operation.

DNV GL establishes recommended practice to manage wellhead fatigue analysis May 6, 2015
Addressing wellhead fatigue issues and proving sufficient margin for drilling operations has been a growing challenge for the oil and gas industry over the last decade. Wellhead fatigue can have significant technical, financial and safety implications for the system. In close cooperation with industry partners, DNV GL is addressing this issue through an ongoing joint industry project (JIP).

DNV GL wins verification contract for FMC’s 20K JIP May 5, 2015
FMC has chosen DNV GL to perform independent third party verification of a high pressure, high temperature (HPHT) subsea completion, production