Due to a growing focus on safety related to subsea lifting operations, DNV GL has established a Joint Industry Project (JIP) to develop practical methods for reducing the risks and lifetime cost of steel wire ropes for subsea lifting applications, using an integrated systems approach. Fourteen diverse industry players have already signed up and more partners are welcomed, especially oil and gas operators, says project manager, Inger-Lise Tangen at DNV GL.

Elisabeth Tørstad, CEO of DNV GL Oil & Gas, commented: “Frontier areas have emerged as serious attractions for oil and gas operators in recent years. Over half of the industry executives we interviewed for our industry outlook report Challenging Climates said they expect subsea technologies to absorb the strongest investment this year, to support exploration into new or challenging environments.”

Tags: DNV GL Oil & Gas