The oil and gas industry has the opportunity to play an important role in a sustainable energy portfolio. New thinking in the areas of collaboration, technology development and regulation will be key ingredients of success."
Elisabeth Tørstad CEO, DNV GL - Oil & Gas
News and press releases
July 22, 2015 | Oil & Gas | PRESS RELEASEDNV GL led standardization JIP with Korean yards could cut project costs by 15%Variations in owner, operator and regulatory requirements during engineering and construction phases at South Korean shipyards present a huge challenge for operators and drive up costs. DNV GL has kicked off a joint industry project (JIP) with Hyundai Heavy Industries (HHI), Daewoo Shipbuilding and Marine Engineering Company (DSME) and Samsung Heavy Industries (SHI) that will establish a new international standard for offshore oil and gas projects. The results could potentially cut project costs by 15%, or approximately USD 500 million for a typical TLP (tension leg platform) project, for example.
July 07, 2015 | Oil & Gas | PRESS RELEASEDNV GL wins frame agreement with Wintershall Norge ASDNV GL has been selected by Wintershall Norge AS to provide a frame agreement for global inspection services for its developments offshore Norway. The overall contract is expected to exceed NOK 10 million (approx USD1.2 million).
June 25, 2015 | Oil & Gas | PRESS RELEASERisk-based approach to valve testing in wells could save US$10m annually per assetReducing 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.