Yeosu, 14 May: HRH Crown Prince Haakon of Norway and Norway’s Minister of Trade and Industry Trond Giske today attended Norway Day celebrations at the World Expo in Korea. Norway’s participation in the World Expo is a partnership between the Norwegian authorities and four private sponsors – Det Norske Veritas (DNV), Höegh Autoliners, Kongsberg and Wilh. Wilhelmsen.

DNV KEMA signs cooperation agreement involving the development of five large-scale smart grid demonstration projects.
London: DNV, the international risk management company, has acquired leading sustainability agency, Two Tomorrows Group, further expanding its sustainability consulting service capability across the globe.
Oslo/Bergen: DNV has, as part of a strategic partnership with StormGeo, acquired the right to purchase 22,6 % of StormGeo’s shares through a mutually convertible capital issue, putting their weight behind a world-leading meteorology and risk assessment company. Bjørn K. Haugland, Chief Technology and Sustainability Officer of DNV Group will join the Board of Directors of StormGeo.
The Arctic has large oil and gas resources and operations in this sensitive and harsh area will require efficient oil-spill preparedness solutions. “The acquisition of Norwegian Petro Services (NPS) in Norway and its recognised expertise will play an important role in our activities in this field,” says Knut Ørbeck-Nilssen, DNV’s COO of the Norway, Russia and Finland division.

Seoul: DNV and Korea National Oil Corporation (KNOC), a state-run oil company in South Korea, have agreed to cooperate on environment, health, safety and quality management system enhancement.

Seoul: DNV has signed a MOU with Korea Gas Corporation (KOGAS), South Korea’s state-run gas corporation, to cooperate on research and development in the LNG sector. While this is DNV’s second MOU with KOGAS, following the first in 2010 to cooperate on EHSQ issues, DNV is the first international risk management organisation in Korea to cooperate with KOGAS on research and development projects in the LNG sector.

DNV acquires Vattenfall shares in STRI to expand its presence in the power transmission sector.
OSLO: Following the transfer of the majority shareholding in KEMA, DNV is now establishing a group structure to manage the strong industry positions it now holds. By merging some of its activities with KEMA, DNV is committed to driving the global transition toward a safe, reliable and clean energy future.
OSLO: Remi Eriksen will take up the position as Chief Executive Officer of DNV Maritime and Oil & Gas on 1 March. Following its acquisition of the majority shareholding in KEMA, DNV is now establishing a group structure with three companies to manage the strong multiple industry positions it now holds.

London: DNV has developed a new pipeline concept, called X-Stream, that can significantly reduce the cost of a deep- and ultra-deepwater gas pipeline while still complying with the strictest safety and integrity regime. X-Stream is based on established and field-proven technologies which have been innovatively arranged.
DNV has launched a Deepwater Technology Centre in Singapore. The aim is to serve the oil and gas industry in the whole Asia Pacific region and to become a sizeable and complete competence centre for deepwater oil and gas developments. “We will capitalize on DNV’s 40 years of experience in offshore and deepwater, and on the leading position of our well established deepwater centres in Houston, Oslo and Rio de Janeiro,” said DNV’s COO Remi Eriksen at the opening ceremony in Singapore.

Oslo/Arnhem: DNV has acquired 74.3% of KEMA’s shares, creating a world-leading consulting and certification company within the cleaner energy, sustainability, power generation, transmission and distribution sectors.
Hamburg: DNV has signed a contract to certify the high voltage direct current (HVDC) DolWin beta transformer station offshore Germany. This includes certifying the design phase, construction, fabrication, transport and commissioning of the station.
DNV leads R&D network addressing large scale integration of wind energy

DNV’s recognized standard for design of offshore wind turbine structures has been through a revision process together with the wind energy industry. The updated standard which aims to reduce cost and increase safety is now available.

Aberdeen: The DNV ‘Technology Outlook 2020’ report presented at Offshore Europe warns that the age of ‘cheap’ oil is coming to an end. With a forecasted increase in global energy demand of 19% by 2020, DNV says the sector will have to push the boundaries to satisfy this need.
Aberdeen: DNV has taken Expro’s new AX-S deepwater subsea well intervention system through a feasibility assessment designed to demonstrate the viability of the innovation to stakeholders and investors. AX-S will make well intervention possible without the need for drilling rig or riser system in waters up to 3,000m deep.
Seattle, WA, USA: DNV has developed HSE procedures for a mid-west utility’s wind operations. For wind farm operators such safety programs keep workers safe, comply with regulations and meet or exceed best practices for hazard management in the wind industry.
Oslo, 10 August: today DNV’s summer students presented the results of seven weeks of intense and targeted work with a concept for year-round drilling and exploration offshore north-east Greenland. More than anything their work unfolded a massive need for new technologies, improved standards and increased arctic research. But that’s not all; the students predict that drilling in the Arctic could be up to four times as expensive as drilling in the North Sea.

DNV has published a new Recommended Practice document that provides the wind power industry with in-depth knowledge about the use of remote sensing technology for characterizing wind resources.
DNV has released a new guideline for Carbon Capture and Storage (CCS) projects. The CO2WELLS guideline is the result of a major joint industry project which brought together upstream operators and power utility companies. Aimed at project developers and authorities, it describes a generic framework process for managing the risks associated with existing wells at carbon dioxide (CO2) storage locations, both onshore and offshore.

Pipelines are seen as the primary transportation means for CO2 streams in the context of carbon capture and storage (CCS). However, this introduces new design and operation challenges.

Carbon capture and storage (CCS) demonstration projects are exposed to a unique and complex set of risks due to high capital investment costs, unpredictable political incentives and novel technology. Deadlines for start-up may be attached to public funding and can create incentives for projects to deviate from a commercial investment model and accept higher risks early in the project.

DNV is to provide consulting services to the offshore wind turbine test bed project of Young-Kwang, a major offshore wind farm to be built in South Korea.

DNV has signed an agreement with the Swedish Transmission Research Institute (STRI) in an effort to meet the increasing market demand for advanced solutions for power transmission in the offshore sector.

Houston: DNV is appointed as the Certified Verification Agent (CVA) for the Cape Wind Project, the first offshore wind farm to be built in the US. The role of DNV as CVA is to conduct third-party design reviews, inspections and other verification activities.

DNV’s Technology Outlook 2020 report highlights technologies that could have great impact in the maritime and energy sectors.

Singapore: Investments in infrastructure for small scale LNG power production might be justified when the total demand for electric power exceeds 500 MW within a 120,000 km2 island region with no pipeline connection.

London, UK: DNV is strengthening its UK focus on cleaner energies by appointing Mark Young as head of its Cleaner Energy Department. His broad experience in both the US and European market is of great value for risk management services and technical support to the rapidly growing UK wind industry.