DNV GL boss says Brexit will not leave UKCS shaken “completely upside down”
The chief executive of DNV GL said Britain's vote to leave the European Union will not cause the North Sea oil and gas industry to be shaken "completely upside down".
The chief executive of DNV GL said Britain's vote to leave the European Union will not cause the North Sea oil and gas industry to be shaken "completely upside down".
E.ON has awarded the project certification contract for the new Arkona offshore wind farm to DNV GL.
A Joint Industry Project (JIP) led by DNV-GL has shows that for suirable field, wind-powered water injection is technically feasible.
A new study has revealed a massive 2,291GWh of development-ready sites with existing reservoirs for new pumped hydro energy storage plants in Europe
New guidelines for leak detection systems for offshore fields has been launched by DNV GL.
DNV GL has appointed Ditlev Engel as the new chief executive of its energy business.
DNV GL has moved its staff in Aberdeen to one hub after relocation its offices from another building in the city.
DNV GL is launching two Computational Fluid Dynamics joint industry projects to meet the oil and gas’s need for more cost efficient and precise decision support.
DNV GL is conducting the oil and gas industry’s largest ever controlled release of carbon dioxide from an underwater pipeline at its full-scale Spadeadam Testing and Research Centre, located in Cumbria, UK.
Floating wind turbine technology is well placed to help oil and gas operators reduce the cost of recovery from reservoirs using water injection, according to an industry expert. A new joint industry project - Win Win - being led by DNV GL, has brought together oil majors including ExxonMobil, ENI, Statoil, Nexen and VNG to share knowledge and pursue water injection in subsea reservoirs delivered by wind-power rather than traditional gas turbines. The technology is seen as being cost-efficient, able to reduce an oil platform's carbon footprint and offers opportunities for one turbine to be used on multiple wells.
The concept of using wind power for offshore oil and gas applications has taken a step forward after several oil majors signed up for a joint industry project to explore the technology.
DNV GL will support BP in assuring the huge Shah Deniz Stage 2 project equipment transportation and installations are conducted to recognised guidelines, standards and internal requirements.
The North Sea oil and gas industry was warned not to “waste a crisis” as consultants urged firms to adopt cost cutting measures. Risk management from DNV GL expects that the region’s oul and gas industry won’t be “trending positive” again until 2017, while demand for rigs won’t do so until 2018. Nevertheless, DNV GL’s Liv Hovam, director of divisional Europe and Africa, oil & gas, underlined a number of projects the consultancy firm has been undertaking which can save tens of millions of costs for firms in the North Sea -a basin which has experienced the highest cost inflation in the world in recent years.
An offshore engineering company founded by one of the north-east’s best-known businessmen is launching a Marine Safety Systems (MSS) division following a six-figure investment. Aberdeen-based Imes Group, which was co-founded by Melfort Campbell, expects to create a total of ten jobs at the new subsidiary, with six staff having already been hired. Mr Campbell last year chaired the Scottish Government’s Independent Expert Commission on Oil & Gas and who is a former chair of CBI Scotland. Other directors of the new division include Rod Buchan, who was appointed as executive chairman of Imes Group in April.
DNV GL has launched a JIP (Joint Industry Project) in a bid to establish a new international standard for offshore oil and gas projects which could cut costs by 15%. The move is in a bid to curb the challenges presented by varying owners, operators and regulators during both engineering and construction phases in South Korean yards. A number of companies are involved with the initiative including Daewoo Shipbuilding and Marine Engineering Company, as well as Samsung Heavy Industries and Hyundai Heavy Industries.
DNV GL has appointed a new chief executive. Remi Eriksen will take over from Henrik Madsen when he retires on August 1.