DNV has launched a recommended practice (RP) for the entire life cycle of shale gas extraction, based on risk management principles. The recommended practice provides a reference document for the independent verification of shale gas projects. The objective is for the RP to form the basis for a globally recognised standard for safe and sustainable shale gas extraction. DNV’s recommended practice applies risk management principles, to ensure that threats related to shale gas activities are effectively and efficiently managed in an accurate, balanced, transparent and traceable way. “The overall objective of this Recommended Practice is…