DNV GL has announced plans to combine its current oil and gas and power and renewables wings to create one new business area.
It’s hoped the new division, which will be called energy systems, will “better reflect the emerging energy future”, in which renewables will make up a bigger share of the mix and decarbonisation will become a major focus.
Energy systems, which will start operating from February 1, will provide certification, advisory and digital monitoring services.
It will be headed up by Ditlev Engel, who has been chief executive of DNV GL’s current energy business area since 2016.
Made up of around 4,000 experts, the Norwegian-based technical adviser claimed energy systems will be the “world’s leading resource of independent energy experts and certification body”.
Remi Eriksen, group president and chief executive of DNV GL, said: “The creation of energy systems is our response to a rapidly changing energy market in search for deeper decarbonization.
“We want to enable our customers to tackle the energy transition – faster. By combining our expertise, we will better serve customers operating in, and entering the energy market. This new structure will help us serve all players in the energy market.”
The decision to create the energy systems wing was taken after a strategic review of DNV GL’s business, which also led to the renaming of the company to DNV from March 1.
The firm will continue to work with the oil and gas sector as it refocuses on decarbonisation.
It said that the industry will play an “essential role” in the energy transition, with natural gas set to become the single largest energy source by 2025, while hydrogen, ammonia and carbon capture and storage will be important tools for hard to abate sectors.
Mr Engel, said, “Joining forces in Energy Systems gives DNV GL the size to work with the key industry players to help scale green energy technology and optimize safety from production to consumption.
“There is no hiding from the fact that we are on course for damaging global warming, but we have the technology to transition faster.
“I see a greater willingness amongst policy makers and companies to speed up the decarbonization of the sector and we at DNV GL are ready to play our part, so we can tackle the needed energy transformation much faster.”
As part its strategy to grow in key markets, DNV GL has also announced the acquisition of US-based engineering consultancy Energy and Resource Solutions (ERS).
Consisting of around 80 experts, ERS provide cost reduction and management services through program design, outreach, implementation and evaluation services.
Headquartered in North Andover, Massachusetts, the firm also has operations in California, Connecticut, Maine, New York, Oregon and Texas.
On the acquisition of ERS, Mr Eriksen added, “Given the speed of the energy transition, it is natural that we look outside our own organization for acquisition opportunities. The domain expertise and digital first approach demonstrated by ERS is aligned with our vision and services, and I am sure our customers in North America and beyond will be delighted we have even more experts in our ranks.”