DNV GL

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DNV GL AS
Private, Not-For-Profit
Industry Various
Founded 1864
Headquarters Bærum - Oslo, Norway
Area served
Global
Key people
Henrik O. Madsen (CEO)
Leif-Arne Langøy (Chairman)
Revenue Increase NOK 15.2 billion (2013) [1]
Number of employees
16,107 (2013)[2]
Website www.dnvgl.com

DNV GL is an international certification body and classification society with main expertise in technical assurance, research, certification, and risk management. It was created in 2013 as a result of a merger between two leading organizations in the field - Det Norske Veritas (Norway) and Germanischer Lloyd (Germany).

DNV GL is the world's largest classification society with 13,175 vessels and mobile offshore units (MOUs) amounting to 265.4 mill gt in its portfolio, which represents a global market share of 21%.[3]. The organization is also a reference in both renewable and conventional energies. It is the world's largest technical consultancy to onshore and offshore wind, wave, tidal, and solar industries, as well as the global oil & gas industry - 65% of the world’s offshore pipelines are designed and installed to DNV GL’s technical standards.

Prior to this merger, both DNV and GL had acquired several companies such as Hélimax Energy (Canada), Garrad Hassan (UK), Windtest (Germany), and KEMA (Netherlands), which have contributed to expanding DNV GL's current capacity to offer its expertise across several industries, most notably in renewable energy, maritime, oil & gas, electrification, and business assurance. In addition to providing services, it also invests heavily in research and development.

The company currently has 16,000 employees with headquarters in Oslo, Norway[4], and operates with the vision "Global Impact for a Safe and Sustainable Future".

Summary[edit]

DNV GL's history dates back to 1864, when Det Norske Veritas was established in Norway to head technical inspection and evaluation of Norwegian merchant vessels.[5] On the other hand, Germanischer Lloyd was founded in Hamburg around the same period in 1867 by a group of 600 ship owners, ship builders and insurers.[6]

On December 20, 2012, the two companies announced the merger,[7] which was approved by competition authorities in South Korea, the USA, the EU and China, thus allowing the merger contract between DNV and GL to be signed on September 12, 2013. The independent Det Norske Veritas Foundation owns 63.5% of DNV GL shares and Mayfair Vermögensverwaltung owns 36.5%.

Together with Bureau Veritas and American Bureau of Shipping, DNV GL is one of the three major companies in the classification business with 300 offices in 100 different countries. But the company is also a key player in the management of operational risks in several other industries including renewable energy (particularly in wind and solar), oil and gas, electric power generation and distribution, petrochemicals, aviation, automotives, finance, food and beverage, healthcare, software and information technology.

Research[edit]

Every year, DNV GL invests heavily in R&D which amounts to 5% of its total revenue.[8] Since 1864, DNV GL has always maintained a department dedicated to research that enhances and develops services, rules and standards for various industries. Many of the innovations and findings by DNV have often been used as a basis for international standards.

At present, the main research programs include arctic operations, biological hazards, future energy solutions, technology and information processes, maritime technology and transport systems, as well as multifunctional materials.

DNV GL Organization[edit]

DNV GL has four business divisions and one independent business unit:[9]

  • DNV GL - Maritime: Classification, verification, risk-management, and technical advisory to the maritime industry on safety, enhanced performance, fuel efficiency, etc. As a classification society, DNV GL sets standards for ships and offshore structures - known as Class Rules. They comprise safety, reliability and environmental requirements that vessels and other offshore mobile structures in international waters must comply with. DNV GL is authorized by 130 maritime administrations to perform certification or verification on their behalf.
  • DNV GL - Oil & Gas: Technical advisor to the global oil and gas industry, services in technical and marine assurance and advisory, risk management and offshore classification. DNV GL works with upstream oil and gas companies to identify and control risk, improve safety and performance, and assure reliability of a project’s development and operation. The company develops industry standards and best practices through joint industry projects (JIPs), bringing together a number of industry players to address a specific technical challenges. As an example, about 65% of the world’s offshore pipelines are designed and installed to DNV GL’s technical standards.
  • DNV GL - Energy: Counselling, testing, and certification services to the global energy sector, including: renewable energy, emissions, energy efficiency, power production, transfer, and distribution. DNV GL operates the world’s largest high power and voltage test laboratory, working as an independent, accredited certifier of electricity transmission & distribution components. DNV GL is also the leading independent advisor and certifier to the renewable industry, notably within wind energy.[10] Its services include wind turbine type certification, design consultancy, energy yield assessments, site assessments, permitting, solar plants and turbine design, wind and solar forecasting, and front-end engineering. In addition, DNV GL’s energy arm has advisory services in energy efficiency, renewable integration, clean conventional power generation, renewable plant operations improvement services, transmission and distribution grids, energy storage, measurements and cyber security.
  • DNV GL - Business Assurance: Certification, assessment, training/education services that support customer products, processes, and organizations over a wide spectrum of fields. DNV GL is an accredited certification body. They certify the compliance of companies according to a third party standard, such as ISO 9001 (quality management system) or ISO 14001 (environmental management system). DNV GL has issued management system certificates to more than 70,000 companies across all industry sectors and is accredited certifier in 80 countries.
  • DNV GL - Software: Software development for maritime design and engineering, strength assessment, risk and reliability, QHSE and asset integrity management. The software is delivered to various industries, including energy (wind park solutions, etc.), process, maritime, petrochemical, refineries, and healthcare. Within the area of risk and reliability, DNV GL develops quantitative risk analysis (QRA) software.

References[edit]

  1. ^ "DNV GL Annual Report 2103". DNV GL. Retrieved 18 February 2015. 
  2. ^ "DNV GL Annual Report 2103". DNV GL. Retrieved 18 February 2015. 
  3. ^ "DNV GL to unveil rules this year". Tanker Operator. Retrieved 16 February 2015. 
  4. ^ Smale, Will. "The Norwegian firm that tests the world's ships". bbc.co.uk. BBC. Retrieved 16 February 2015. 
  5. ^ Career Opportunities in DNV
  6. ^ "Spotlight on Germanischer Lloyd". Maritime Executive. 2 April 2008. Retrieved 22 February 2015. 
  7. ^ "DNV and Germanischer Lloyd Announce Merger". Forbes. Retrieved 2013-11-06. 
  8. ^ Cheam, Jessica (5 March 2014). "Longevity of a business lies in sustainability". Eco-business.com. Retrieved 18 February 2015. 
  9. ^ "About Us". dnvgl.com. DNV GL. Retrieved 22 February 2015. 
  10. ^ Galbraith, Kate. "A Big Merger Shakes Up Power Services". nytimes.com. New York Times. Retrieved 9 March 2015. 

External links[edit]

Coordinates: 59°53′16.84″N 10°33′45.83″E / 59.8880111°N 10.5627306°E / 59.8880111; 10.5627306