carbon capture and storage_tcm4-384048

DNV serving the energy industry

Go Strong.

DNv ENERGy mAiN OFFiCES:

Carbon captureand storage

DNV provides world-class expertise in technology, opera-tions, management and risk. We combine our know-how into a professional service concept designed to safely improve the performance of your business. So you can go strong on all dimensions.

| THIS IS DNV | DNV is a global provider of services for managing risk. Established in 1864, DNV is an independent foundation with the purpose of safeguarding life, property and the environment. DNV comprises 300 offices in 100 countries, with 7,000 employees. DNV Energy is one of four business areas in DNV, alongside DNV Maritime, DNV industry and DNV iT Global Services. Our vision is global impact for a safe and sustainable future.

| CONTENTS |

CCSuXCarbon Capture and Storage – For a Sustainable Future 6

SERVICES OVERVIEWuXHandling new challenges with experience 8

TECHNOLOGY QUALIFICATIONuXQualifying the next step forward 10

VERIFICATION uXA broad and complete verification service 11

SHE RISK MANAGEMENT uXManaging CCS effects – safely and responsibly 12

ENTERPRISE RISK MANAGEMENT – ERMuXControlling risk to ensure the best solution 13

DNV SERVICES TO THE ENERGY INDUSTRY

u Enterprise Risk Managementu SHE Risk Managementu Technology Qualificationu Verificationu Offshore Classificationu Asset Risk Managementu Trainingu IT Risk Managementu Certification

TARGET SEGMENTS

Through these services, our teams of highly qualified professionals deliver cutting-edge solutions to customers across the industry:u Deep and ultra-deepwater field developmentu Floatersu Fixed structuresu Offshore and onshore pipelinesu Natural Gas/LNGu Refining and petrochemicalsu Power generation and transmissionu Wind, wave and tidal energyu Arctic operations and technologyu Operations excellenceu Carbon capture and storage

| CARBON CAPTURE AND STORAGE |

Building the

DNV is playing a leading role in the development of this nascent technology, bringing our multidisciplinary expertise to the challenge of developing full scale, end-to-end CCS systems. We are brokering the process of creating industry standards and regulations, qualifying new tech-nologies and storage sites, verifying new and retro-fitted CCS installations, and helping companies and authorities manage their increasingly complex risk exposure. By enabling the development of comprehensive CCS solutions, we help the energy sector meet its stateholders’ expectations of a sustainable, decarbonised future.


bridge to a carbon-free future

Global demand for energy is surging. For the next century, this demand will primarily be met through the use of carbon-rich fossil fuels, which produce the greenhouse gas, CO2. However, climate change is currently one of the most pressing environmental issues globally. Hence, the public is also increasingly concerned about maintaining a sustainable balance in the environment, which creates a challenge for the energy sector. One promising solution to the problem is carbon capture, transport and long term storage (CCS), a bridging technology that systematically and safely reduces CO2 emissions from large scale energy production.

| DNV ENERGy | CCS | Services Overview | Technology Qualification | Verification

| SHE Risk Management | ERM |

PROjECT PHASES:

DNV ENERGy DEliVERiES:

FEASiBiliTy & CONCEPT SElECTiON

STRATEGy DESiGN

THE BUSiNESS liFE CyClE

DNV – assisting companies in the energy industry along the entire life cycle to safeguard and improve business performance

PROjECT DUE DiliGENCE

PROjECT RiSk mANAGEmENT

SHE RiSk mANAGEmENT

REliABiliTy ASSESSmENT

CONCEPT AND FEASiBiliTy STUDiES

ENviRONmENTAl imPACT ASSESSmENT

vERiFiCATiON

TECHNOlOGy qUAliFiCATiON


CONSTRUCTiON iNSTAllATiON & COmmiSSiONiNG

OPERATiON & liFE ExTENSiON

DECOmmiSSiONiNG

OPERATiONS ExCEllENCE

mAiNTENANCE mANAGEmENT

qUAliTy SURvEillANCE AND iNSPECTiON

mATERiAl AND CORROSiON TESTiNG



Carbon Capture and Storage (CCS) is one of the promising means of reducing CO2 emissions. The approach is to isolate CO2 from a gas stream and prevent it from emit-ting into the atmosphere by storing it in a suitable geological reservoir. The main sources of CO2 are fossil-fuel power plants and large-scale process industries.

CCS is an emerging technology, with several individual projects already implimented world-wide. And DNV is helping lead the drive towards the first full scale, complete CCS chain, by working to resolve several key challenges.

The three major components of the CCS approach are capture, transport and storage. First, the CO2 is captured from a point source such as an flue gas, and processed to meet predefined specifications and properties. The treated gas is then piped or shiped to a suitable reservoir, typically a subterranean reservoir, and injected into it.

There are several key challenges which need to be solved in this development:

Technical uncertaintiesXu

Economic feasibilityXu

LegislationXu

Environmental impactXu

CHAllENGES iN THE vAlUE CHAiN

Most CCS technologies are considered to be novel, and need testing and demonstration before they can create an efficient and reliable value chain.

CAPTURE

Energy production and other industrial processes leave behind large amounts of flue and waste gas. The byproduct is often a mixture of gases of which the fraction of CO2 can be as small as 3–4 percent. One of the main challenges is to extract CO2 from the rest of the gas stream in an efficient manner. Today, CO2 capture from small industrial processes is a well-known routine,

but large-scale capture of CO2 is new. Current R&D projects are improving exist-ing technologies and based on developing new capture processes.

TRANSPORTATiON

Transportation of captured CO2 from source to storage site is generally considered to be a straight forward procedure. However, practical experience with concentrated CO2 transportation in large volumes and in dense, high-pressure phase is minimal. Challenges related to corrosion, operational conditions and safety issues need to be identi-fied and solved. Today, there are no industrial standards or recommended practices for CO2 transmission in dense, high-pressure phase via pipelines.

Carbon Capture and Storage – For a Sustainable Future

Global demand for energy is on the rise. yet the power sector must respond to the worldwide consensus that our energy sources must produce less CO2 in order to maintain the balance of nature.

CCS

Post-combustion is one of three different approaches for capturing CO2 from fossil-fuel power plants. This technology has the advan-tage of connection to existing and new plants, and the flexibility to capture CO2 from differ-ent flue gas sources. Aker Kværner has devel-oped the post-combustion capture technology just CatchTM together with other leading research communities and partners. just CatchTM is a development of existing CO2 cap-ture technology from the process industry, but on a much larger scale. By reducing investment costs and increasing efficiency, Aker Kværner will make just CatchTM a competitive capture plant. By the introduction of the just Catch

BioTM technology a step change in post- combustion technology has been achieved.

DNV is facilitating the qualification man-agement of just CatchTM and just Catch BioTM on behalf of Aker Kværner Engineering & Technology (AKET). The objective is to guide the qualification of the just CatchTM

technology in compliance with DNV-RP-A203 ‘Qualification Procedures for New Technology’ and issue a ‘DNV Statement of Fitness for Service’. Our work has helped AKET focus on key elements in the further development and ensure stakeholders that there are no present show-stoppers.

CASE:

jUST CATCHTM

POST-COmBUSTiON CO2 CAPTURE

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We have experience managing all aspects

of project risk.


STORAGE

The captured CO2 has to be stored for a very long time, possibly close to 1000 years, in order to prevent a further increase in atmos-pheric CO2 content. Storing captured CO2 safely for many centuries calls for a thorough assessment and analysis of the storage site. Unexpected leakages and events are not acceptable, and this makes strict demands to both projection and accomplishment. Adequate reservoirs can be located at remote areas, and the lack of experience with injec-tion and storage means that there are critical challenges that must be solved.

Capturing and compressing CO2 requires a great deal of energy, significantly increasing the running costs of CCS-equipped power plants. In addition, there are added invest-ment or capital costs. Consistent framework conditions are not fully implemented by national and international authorities, which can make it difficult for industrial companies to plan ahead. Finally, in order for CCS to

gain and maintain environmental and public acceptance, there is zero tolerance of emissions or leakages at all times.

A COmPlEx RiSk PiCTURE

There is a requirement of filling knowledge gaps and investigating concerning issues when developing a fully integrated CCS system. The risk aspect is rather complex, with different views from a number of stakeholders to take into consideration. There are framework requirements from authorities to fulfil, uncer-tainties when introducing new technology, economic commitments involved in every part of the project and a very strict regime regard-ing environmental aspects. Add a tight time schedule to the equation and the result is a rather extensive and vulnerable risk picture.

DNV has decades of experience dealing with risks and opportunities in the energy sector. We can help you place and attain project milestones, ensure your interests and secure an acceptable return on your investments. This way, you get a hold of the critical details without losing the big picture.

CRiTiCAl iSSUE: innovations, including potential use of new chemicals, to significantly reduce costs and energy consumption.

SOlUTiON: Technology assessment procedure, failure mode analysis.

kEy DElivERABlES: Documentation of risk and qualification activities.

vAlUE TO CliENT: Stakeholders ensured that the technology quali-fication is managed. Transparent and structured documentation of the qualification.

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DNv is helping develop a full scale CCS solution.

CCS captures and stores CO2 emissions.



Compared to conventional oil and gas processing, capturing the CO2 from the flue gas and storing it in a suitable reservoir is a reverse way of thinking. This brings up a number of new and critical challenges that have to be addressed in order to make the sequestration safe and reliable. As an inde-pendent provider of a broad service portfolio, DNV has the resources and integrity to play the leading role in the development of an end-to-end CO2 life cycle. Today, we offer our multidisciplinary expertise to a wide range of customers within a number of dif-ferent business areas. Our competence spans the entire business life cycle – from the very early phases through operation to post-closure care.

ENSURiNG BOTH DETAilS AND THE BiG PiCTURE

The main elements of a CCS value chain typically include a CO2 point source with a capturing plant, an extensive transporta-tion infrastructure and a reservoir injection

facility. Separately, all three elements are considered to be somewhat immature and uncertain technologies when dealing with CO2 on a large scale. Technology development and improvement, thorough R&D activities and full-scale testing for each of the value chain parts is necessary to ensure sufficient quality and reliability. There are a number of new challenges to solve and the time available is limited. In addition, integrating these new technologies into a full value chain is a com-prehensive and demanding assignment itself. It is essential to make certain that the involved contributors and participants deliver according to schedule and design specifications.

When ensuring both details and overall aspects, the use of related experience and suitable tools is crucial for success. DNV has developed a comprehensive service portfolio during decades of close cooperation with the industry. We can contribute with services throughout the entire process of developing a CCS-related project.

A COmPlETE SET OF SERviCES

DNV can offer services related to different phases throughout concept implementation, contribute to specific technology parts of a CCS value chain or provide project management assistance. Some of the key services we offer within this segment are:

Concept and feasibility studiesXu

EIA – Environmental impact assessment Xu

SHE risk managementXu

Safety and risk analysisXu

Technology qualificationXu

Integrated risk managementXu

Project risk managementXu

Risk assessmentXu

Risk-based verificationXu

Reliability and availability studies Xu

Life cycle assessments Xu

Based on our long experience within the maritime and oil & gas sector, we have become a leader in the evaluation of new tech-nologies. Ensuring that new methodologies and knowledge are available to the industry

Handling new challenges with experienceDeveloping a full CCS value chain requires both experience and courage. Advanced, new technology has to be implemented with existing equipment, and the time schedule to do so may be limited. DNV offers a complete set of services to help you ensure the quality and integrity of your assets.

SERViCES OVERViEW

CO2 captured from the planned power plants at Kårstø and Mongstad may be injected into suitable geological sub-seabed formations below the Norwegian Continental Shelf. The two most likely alternatives are the costal aquifer below the Troll field (the johansen formation) and the northern Utsira aquifer formation.

As part of the feasibility study, DNV organised and facilitated a two-day workshop with a selected panel of experts. The approach chosen for the workshop was a semi-quantitative risk assessment, with a coarse risk ranking of the candidate formations. The main risk assessment tools used were:

Structured What-if Technique (SWiFT) Xu

– hazard identification Quintessa’s Feature, Events and Processes Xu

(FEP) databaseCoarse risk ranking, using the Delphi methodXu

lawrence Berkeley National laboratory Xu

(lBNl) Screening and Ranking ToolSCR verificationXu

Most of the risks identified were due to uncertainty about features of the formation and processes within them when injecting and storing CO2. Risks associated with unforeseen events were less dominant.

CASE:

jOHANSEN AND UTSiRA FORMATiONSlONG-TERm GEOlOGiCAl STORAGE OF CO2

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We help the industry improve environmental performance.


is an important part of DNV’s overall strategy. Together with the industry, DNV will develop adequate guidelines and procedures for criti-cal parts of the CCS value chain. The aim is to create a consistent foundation so that CO2 capture, transport and storage can be carried out in a safe and reliable way.

THE FUTURE

Today, industry and governments make significant investments in CCS-related systems, and further expansion in this area is expected in the years to come. Directing and evaluating this development along the way is a necessity, and DNV is ready to step into this demanding role. Our vision is to make a global impact for a safe and sustainable future. By developing new methodologies, understanding the new risk agenda and working hard to manage risk and improve safety and environmental performance, we are taking steps in the right direction.

GUiDiNG THE iNDUSTRy

Proper standards and best practices for capture, transmission and storage of CO2, as well as adequate qualification procedures do not currently exist in the oil and gas industry. In order to develop these important guide-lines and standards, DNV is therefore inviting international industry leaders and key stake-holders to join three significant Joint Industry Projects.

The Joint Industry Projects will deal with:

Qualification of technologies for power Xu

generation with capture of CO2

Transmission of COXu2 in pipelines

Qualification of Sites and Projects for Xu

Geological Storage of CO2

These three joint projects aim to provide a path forward for the industrial opportunity on CCS. The outcome from the projects will provide international standards, methodologies, and guidelines that will form the basis for industrial agreements, and become valuable input to

implementation of national requirements. The new standards aim to facilitate and speed up CCS project development, decision processes and ongoing regulatory development, both in Europe and worldwide.

The key challenges the projects will address include how to store CO2 in sub-seabed for-mations in a safe manner, how to qualify CO2 storage projects and new CO2 capture technology, and what should be the indus-trial standard for transmission of CO2 in pipelines. Industrial standards and best practices addressing these challenges do not currently exist.

CRiTiCAl iSSUE: Functionality of the johansen and the Utsira formations for the long-term storage of CO2. Assessment and ranking of the storage sites.Discussion of general criteria for the long-term storage of CO2.

SOlUTiON: Facilitated a workshop with an expert panel.

kEy DElivERABlES: A coarse risk assessment of the formations.

vAlUE TO CliENT: independent assessment of the long-term storage functionality of the johansen and Utsira formations.

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Our competence spans the entire CCS project life cycle.

DNv is developing CCS guidelines and procedures.



Qualifying the next step forward

Developing and implementation of new technology is a prerequisite for progress in managing CO2 emissions. DNV can guide you through this demanding and challenging process.

TECHNOlOGy QUAliFiCATiON

qualification promotes

technological breakthroughs.

Technology qualification can be described as the process of providing evidence that tech-nology or technical solutions will function reliably within specific limits.

Developing new technologies and solutions is necessary in order to complete an end-to-end value chain for CO2 sequestration. In addition, existing technologies have to be modified for this area of application. New solutions are often accompanied by signifi-cant cost implications. DNV helps test, qualify and develop new ideas, and to promote technological breakthroughs, innovative solutions and substantial savings.

OUR APPROACH

DNV developed the first industry-recom-mended practice for qualifying new technology (DNV-RP-A203 ‘Qualification Procedure for New Technology’), and has extensive experi-ence in assisting our clients in qualifying their technologies according to this procedure. We combine our risk management expertise with

our extensive knowledge of the technologies within the energy industry. Since we are an independent company working with both operators and technology vendors, we have a great insight into most of the failure modes and mechanisms that have been experienced in the industry. This knowledge base makes us a unique partner for qualifying technologies and improving their reliability and performance.

A strong development of CCS technology is needed to mitigate climate effects. The energy sector has historically been slow in employing new technology. Thus, there is the need to develop and qualify technical solutions that can assure the industry that CCS technology is reliable.

OUR SOlUTiON

DNV provides a number of services to assist in technology qualification:

Qualification management – Manage the Xu

qualification process according to the principles in RP-A203 with certificates

Facilitate threat identification sessions Xu

(FMECA, HAZID, HAZOP, design reviews, etc.)Technical analyses and studiesXu

Modelling of failure mechanismsXu

Reliability analysesXu

Laboratory testingXu

Metallurgical evaluationsXu

kEy BENEFiTS

The main benefits of technology qualification are:

Improves end-user confidence in the Xu

systemAllows more efficient use of resourcesXu

Systematically identifies failure modesXu

Increases the likelihood of qualifying the Xu

technology on timeReduces the risk cost during operation Xu

by reducing uncertainties and increasing reliabilityShorten time from R&D to useXu

Assure compliance with regulations, codes Xu

and standards

DNV has carried out own R&D projects specifi-cally addressing CCS for years. The objectives are to create knowledge and scientific basis for methods, tools and services as well as to contribute to technical solutions and to the development of sound regulations and industry standards.

Several challenges must be met for CCS to be applied responsibly. First, new technologies for capturing and storing CO2 must reach a level of reliability and maturity that investors, operators and authorities can be comfortable with. The number and scale of CCS installations are several orders of magnitude larger than seen so far both in pilot and commercial projects.

Second, formal regulatory regimes have been slow in including CCS as approved strategy for reducing emissions of greenhouse gases. important factors are gaps in knowledge, procedures and criteria for approval and for management of risks and liabilities. Thirdly, an important challenge for CCS is to gain stake-holder confidence in storage projects lasting 1000 years into the future. R&D efforts are aimed at developing insight in the physical and geological performance of storage sites as well as developing fit-for-purpose risk management processes and tools for long-term storage integrity. DNV have key roles in several such R&D projects with external partners both in Europe and North America.

CASE:

R&DCO2 CAPTURE AND STORAGE iN GEOlOGiCAl FORmATiONS

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CRiTiCAl iSSUE: There is a need for further knowledge and technology in order to implement long term geological storage of CO2 in a safely manner.

SOlUTiON: Extensive R&D efforts in collaboration with other stakeholders and expertise.

kEy DElivERABlES: Create knowledge and scientific basis for methods, tools and services.

vAlUE TO CliENT: improved knowledge and technical solutions for CO2 capture and storage.

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Traditionally, verification activity has focused on safety. We have now broadened the scope to include factors such as functionality, avail-ability and schedule. We have also adopted a risk-based approach, which provides the opportunity to focus on the most important areas and to prioritise the factors that are critical to success. Before a project starts, it is crucial that the verification tasks are identified and prioritised. DNV can help you carry this out and ensure that follow-up verification activities go according to plan during project execution. We have carried out various certi-fication work for customers all over the world and have extensive knowledge of many coun-tries’ regulations. Our verification services cover the design phase as well as fabrication and installation.

OUR APPROACH

Through a consistent verification approach, DNV seeks to establish trust and long-term relationships with our customers. Our multi-disciplinary competence, gained by years of

first-hand experience, secures an independent and respectable verification.

OUR ACTiviTiES

DNV’s activities are connected to satisfying the expectations or requirements of owners, authorities and other stakeholders with regards to safety, environmental protection and func-tionality. They includes services throughout the entire CCS value chain, such as:

Verification to rules/standards/regulations Xu

Risk-based plant and product verificationXu

Supplier quality surveillanceXu

Manufacturing and production quality Xu

assuranceMarine verification and warranty servicesXu

OUR STRATEGy

Our strategy is to be recognised by our cus-tomers and regulators as having the best industry practice in terms of technical standards, service specifications, tools and resources. DNV’s verification services shall be risk based, transparent and recognised as best industry practice.

The aim of our verification services is to Xu

create confidence in a cost-efficient way We will add value by verifying high-risk Xu

elements at an early phase and provide an effective and customer-oriented service throughout the development and operational phasesWe will be valued for our technically Xu

competent and independent assessments

A broad and complete verification service

Ensure a successful project by focusing on the most important and critical areas through a consistent verification approach. DNV has the tools and experience to safeguard all project phases.

VERiFiCATiON

Our verification process prioritises critical risks.



Stakeholders undoubtedly expect clear man-agement of safety, health and the environ-ment. A new risk agenda is emerging, bringing with it new demands on your business and how it is managed. Mere compliance with legal requirements for SHE performance is no longer sufficient for forward-thinking organisations. We can help you safely and responsibly improve your business perform-ance. DNV applies risk-based methods and advanced software tools to ensure that hazards are identified and understood throughout the life cycle of projects and operations. We adapt our approach to your ongoing CCS challenges, applying the full range of DNV capabilities and experience.

SAFETy RiSk mANAGEmENT

Our services will ensure that you make the appropriate strategic and operational decisions related to health and safety issues:

Consequence assessmentXu

Risk assessmentXu

Management systems and performance Xu

standardsEmergency planningXu

ENviRONmENTAl RiSk mANAGEmENT

We provide many interrelated services in the area of environmental risk management, including:

Dispersion and fate modellingXu

Environmental impact and risk assessmentXu

Impact and risk management planningXu

Spill preparedness and response analysis Xu

and planningEnvironmental monitoringXu

The DNV environmental process methodology is based on international guidelines combined with best practice experience gained through extensive projects.

ExPERTiSE AND COmmiTmENT

We combine technical expertise and advanced risk methodologies with management consult-ing skills to offer a new and different type of consulting service. Our vision is to make a global impact for a safe and sustainable future by understanding the new risk agenda and working hard to improve safety and environ-mental performance.

kEy BENEFiTS

Our customised and integrated solutions can help to:

Increase safety and environmental Xu

performanceEnsure sustainable developmentXu

Improve financial performanceXu

Enhance reputationXu

Managing CCS effects – safely and responsiblyTogether with the industry and other stakeholders, DNV is developing a CCS value chain that protects both human and environmental capital. We provide support to assess the continuing effectiveness of management systems, and help achieve cultural and behavioural change wherever needed.

SHE RiSK MANAGEMENT

We help increase safety and environmental performance.

identifying the risks related to the handling of CO2 is of utmost importance when intro-ducing CO2 capture and storage facilities at existing oil and gas processing plants. Decision makers need to understand the increased risk to personnel when introducing a CO2 facility on site, and engineers and designers need to identify the main risk drivers and efficient risk-reducing measures.

Statoil is planning to transport 100,000 tons/year of liquid CO2 by ship from the Mongstad refinery test centre to the Hammerfest lNG plant on the island of Melkøya. Here the CO2 is imported, stored

and injected for final deposit offshore. The CO2 facility will be located within the lNG plant, so the risk to personnel must be identified, quantified and managed. DNV delivered a safety risk assessment to Statoil where the risk contribution from the CO2 facility where identified, and the consequences where modelled using DNV software tools. The risk contribution where analysed and assessed in the context of the existing activities at the lNG Plant. Based on the knowledge of the risk contributors, a set of risk reducing measures where communicated to Statoil and the contractor.

CASE:

MONGSTAD AND MElKøyARiSk EvAlUATiON OF CO2 TRANSPORT, STORAGE AND iNjECTiON

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CRiTiCAl iSSUE: identify risks related to CO2 handling at existing gas processing plant.

SOlUTiON: Quantitative risk evaluation of the impact of accidental CO2 releases.

kEy DElivERABlES: Risk assessment with identification of main risk drivers and risk-reducing measures.

vAlUE TO CliENT: increased knowledge of risk related to CO2 handling and decision and design support.

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The development of a CCS value chain involves business case assessments of possible concepts. Critical, strategic CCS decisions that need to be addressed early could include the choice of capture technology, the assess-ment of different transport solutions and organising logistics in reservoir injection. However, these decisions are complex because of the large technological risks as well as uncertain market conditions. New technology has to be developed and quali-fied, the effect of injection on reservoirs in production is uncertain, market prices have not been concluded, etc. Therefore, a technical-economic evaluation to support a development decision has to take into account the full risk picture. Utilising our ERM experience early in the development of your CCS project can be the key to success.

OUR APPROACH

DNV applies an integrated approach to ensure that both technical and economic issues are properly accounted for when assessing the attractiveness of the various concepts. Using integrated risk management and project risk management helps identify risks, the opportunities and capabilities of each concept, and assessment of the total risk in a life cycle perspective.

The integrated model includes the various risks and uncertainties that impact CCS development, such as:

Uncertainties in in-place volumes and Xu

recovery factorsAvailability and risks related to technical Xu

performanceFrequency of component failures, Xu

duration of repairs, and waiting time and cost of repair resourcesUncertainty in CAPEX, OPEX, tariffs, etcXu

Uncertainty in product pricesXu

Uncertainty in timingXu

kEy BENEFiTS

The DNV approach does not replace detailed analyses, but provides a means of aggregating data from different disciplines into a more complete basis for decision. Since the inte-grated model allows all relevant uncertainties and their dependencies to be included, the total risk can be described more comprehen-sively. Furthermore, the major risk drivers and their underlying causes and knock-out effects can be analysed.

Controlling risk to ensure the best solutionThrough an integrated approach model, the dependencies between technical and economic matters and the risks involved are managed. Enterprise Risk Management gives you a more complete basis for decision.

ENTERPRiSE RiSK MANAGEMENT – ERM

ERm uncovers tecnological and economic risks.



Bergen Oslo

CopenhagenEsbjerg Moscow

Stavanger Sandefjord

Trondheim

Aberdeen

London AntwerpManchester

Essen

Singapore Kuala Lumpur

Jakarta

Kuwait

Abu Dhabi

Tripoli

Tanggu

Shanghai

Vung TauHo Chi Minh City

Astana

MuscatDoha

Mumbai

Lagos

Luanda

Paris

DNV serves the energy industry from more than 40 primary locations worldwide. in addition, we draw on DNV’s entire worldwide network of 300 offices in 100 countries.

DNV locations


Houston

Halifax

Columbus

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São Paulo

Buenos Aires

Salvador

St. John’s

Calgary

Porto Alegre

Trinidad

DNVVeritasveien 1 NO-1322 Høvik, NorwayTel: +47 67 57 99 00Fax: +47 67 57 99 11

www.dnv.com/energy

AberdeenCromarty House67-72 Regent Quay AberdeenAB11 5ARUnited KingdomTel: +44 1224 335000

AntwerpDuboisstraat 39 b1 2060 AntwerpBelgiumTel: +32 3 206 65 40 Abu DhabiThe TowersAbu Dhabi Trade CentreNear Beach Rotana HotelEast Wing – E 108Abu DhabiUnited Arab EmiratesTel: +971 2 6457580

Bergenjohan Berentsensvei 109-111NO-5020 laksevåg, BergenNorwayTel: +47 55 94 36 00

Calgary Bay 123 2340 Pegasus Way NE CalgaryAB Canada T2E 8M5 Tel: +403 250 9041

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