DNV, Statoil combine to address Arctic offshore challenges

DNV and Statoil (OSE:STL;NYSE:STO) have joined to develop a competence program that addresses Arctic challenges.

Offshore staff

HØVIK, Norway –DNV and Statoil (OSE:STL;NYSE:STO) have joined to develop a competence program that addresses Arctic challenges. The Arctic Competence Escalator program aims to enhance the expertise of the companies’ specialists and to share and improve solutions to specific Arctic issues.

“Due to Arctic-specific risks such as remoteness, darkness, ice and low temperatures, it is utterly important to take a stepwise approach in which we learn and improve from the experience gained. Our complementary roles as operator and risk-management expert in challenging environments are the best reason for sharing best practices and enhancing our own expertise,” says Knut Ørbeck-Nilssen, COO DNV Norway, Finland, and Russia.

“Statoil already has many years of experience of Arctic offshore operations, for example in the Barents Sea and at Newfoundland in Canada,” said Morten Karlsen, head of Statoil’s Arctic Technology Research Program. “But the Arctic is a highly diverse part of the world and operating in the more challenging areas, with longer distances, lower temperatures and ice-covered waters, may require enhanced knowledge and solutions. I hope the ACE program will be an important driver in obtaining these. Deep insight matched with respect for the Arctic’s particular conditions will be necessary to manage the risks in this promising but sensitive part of the world.”

3/13/2013

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