DNV Inspection's Ambitious Expansion in Low-Carbon Energy Space
Key Ideas
  • DNV Inspection aims for significant growth in the low-carbon energy sector by the end of the decade, with current low-carbon operations already contributing a third of its sales.
  • The company is focused on strategic hiring in key areas like Project Management and Sales, alongside seeking partnerships in low-carbon expertise and digital technology.
  • DNV's successes in hydrogen, carbon capture, and storage reflect its commitment to transforming the energy mix globally, with plans for expansion into new markets.
  • Amid rapid growth in offshore wind and low-carbon sectors worldwide, DNV emphasizes the importance of expertise and strategic partnerships to overcome industry challenges.
DNV Inspection, an independent assurance and risk management provider, is aggressively expanding its presence in the low-carbon energy sector. By the end of the decade, the company aims to have a significant portion of revenue coming from low-carbon operations. Since entering the low-carbon market in 2021, including projects related to hydrogen, carbon capture and storage, and ammonia, this sector already accounts for a third of DNV Inspection's sales. To support its growth, the company plans to hire strategically in areas like Project Management and Sales, while also seeking partnerships with experts in low-carbon technologies and digital solutions. DNV's Global Managing Director, Mohamed Houari, expresses confidence in the company's ability to deliver successful low-carbon projects globally. DNV Inspection has recently secured projects in hydrogen, carbon capture, and storage in regions like Saudia Arabia and Australia, while actively bidding on CCS projects worldwide. The company's success in the offshore wind sector is notable, especially in the U.K., with growing traction in continental Europe and North Asia. Mr. Houari acknowledges the challenges in these markets, emphasizing the need for expertise and strategic partnerships to navigate complexities and ensure project quality. DNV's extensive experience in large energy infrastructure projects positions it well to address these challenges. Overall, DNV Inspection's positive sentiment towards the low-carbon energy sector is evident through its ambitious growth plans, success in various projects, and emphasis on expertise and partnerships to drive industry evolution.
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