DNV - No. 2 2009

In this issue of DNV Energy News; know your risks and manoeuvre through them to create benefits for your company rather than unpredictable threats.

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Read about how Venture Production in the UK is implementing an enterprise risk management system and about a survey conducted by DNV amongst the major UK operators to understand how they are dealing with the latest market situation.

Also in this issue: Interviews with Stena Drilling and Agip KCO on how they are dealing with risks in extreme areas; in the Arctic's icy conditions and in Kashagan, with its harsh climate and huge oil field.

In addition, you can read about the world's first CO2 transmission guideline, complex software and life-time extension of platforms and pipelines.

Enterprise risks on the UK Continental Shelf

The latest market situation is leading to difficulties for some energy companies, while creating great opportunities for others. To understand how the major UK operators are dealing with these risks on an enterprise level, DNV has conducted a survey among their executives.

World’s first CO2 transmission guideline ready

DNV, authorities and major industry partners have developed the world’s first guideline for the transmission of CO2. Its unified approach will ensure that CO2 is transmitted in offshore and onshore pipelines in a reliable, safe and cost-effective manner.

On hand to avert offshore project delays

Delays in newbuild projects for the offshore industry inevitably result in huge financial losses. DNV has noticed a steep increase in project delays in recent years and decided to investigate the phenomenon at several yards. “This is increasingly a challenge for the whole industry,” says Carl Arne Carlsen, head of Offshore Classification in DNV.