HØVIK, Norway – DNV GL says it will combine its current Oil & Gas and Power & Renewables businesses into one new business area called Energy Systems.
The move will better reflect the emerging energy future, which will see renewables take a greater share of the energy mix and decarbonization become a major focus, the company said.
Energy Systems, which will start operating from Feb. 1, 2021, will provide certification, advisory, and digital monitoring services to the entire energy value chain.
Ditlev Engel, CEO of the current Energy business area since 2016, will lead the new business area, which will consist of about 4,000 energy experts.
“The creation of Energy Systems is our response to a rapidly changing energy market in search for deeper decarbonization,” said Remi Eriksen, Group President and CEO of DNV GL. “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 company said it will continue to work with the oil and gas market as it refocuses on decarbonization.
In addition, DNV GL has acquired US-based engineering consultancy Energy and Resource Solutions Inc. (ERS). Consisting of around 80 experts, ERS helps customers to manage and reduce energy costs through program design, outreach, implementation, and evaluation services.