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DNV, GL Noble Denton merger approved

12th September 2013

The competition authorities in four nations have cleared the merger of the two classification companies

DNV, GL Noble Denton merger approved
DNV GL’s combined experience in risk assessment and safety standards will help companies manage the challenges and enable simpler implementation and sustainability of their projects and operations

Det Norske Veritas (DNV) and GL Noble Denton on Wednesday received approval to merge, with the new group being called DNV GL Group and strengthening its position further as a classification, maintenance and safety specialist.

 

The merger received approval from competition authorities in the US, the EU, China and South Korea.

 

Henrik O. Madsen, group CEO of DNV GL said more about what this means for the oil and gas industry: “DNV GL will be uniquely positioned to offer a broader set of products and services, more in-depth expertise and a denser global network of sites second to none. And importantly, there is a strong commitment by both DNV and GL to the merged company continuing to invest heavily in technology, research and innovation.”

 

Madsen also emphasised DNV GL’s combined experience in risk assessment and safety standards will help companies manage the challenges and enable simpler implementation and sustainability of their projects and operations.

 

Norwegian-based DNV and German-based GL Noble Denton both specialise in the maintenance and enhancement of safety and classification across a broad spectrum of energy producing industries. Both have known qualities in the maintaining of safety and energy standards in the oil and gas industry, with GL also offering methods of saving energy and lowering footprints of projects.