Shale Gas Verification Service Launched by DNV GL

MarineLink.com
Wednesday, March 12, 2014
Elisabeth Torstad: Photo courtesy of DNV GL

DNV GL, an independent foundation with the purpose of safeguarding life, property and the environment, informs it has launched a comprehensive, tailor-made independent verification service based on the provisions of its Recommended Practice for Risk Management of Shale Gas Developments and Operations (RP), regulatory requirements and other publicly available standards.

"As shale gas and liquids development are experiencing exponential growth in North America, a wide range of operational risks have been realized, including gas flaring, fugitive emissions, rail transport incidents, water management, fracking chemicals, explosions, fires, infrastructure limitations, occupational risks, and asset integrity issues," said Elisabeth Torstad, CEO of DNV GL Maritime and Oil & Gas. "Industry can gain stakeholder acceptance only by implementing best practices and proactive risk management.  They need to demonstrate that their development activities can be executed in a safe, responsible and sustainable manner."

The new service will be used as a tool to help assure stakeholders that an independent assessment can assist in preventing incidents, reducing operational costs and limiting the environmental footprint of shale developments. Best practices measured in the assessment process include environmental, occupational and process safety, human factors, well integrity, and other elements that may help address the low probability, high consequence incidents under review today.

The verification process determines whether a comprehensive, transparent risk management approach related to risk identification and mitigation has been implemented to allow sustainable shale project development or expansion.

The verification service may be used by operators, regulators, insurance companies, banks and other oil and gas stakeholders to frame the risk dialogue, based on international approaches to risk identification, mitigation and monitoring best practices.

DNV GL's verification protocol will issue a conformance statement for all or part of the RP provisions and applicable publicly available standards and regulations. While various industry groups have introduced initiatives to assure stakeholders, DNV GL's verification service is the most comprehensive, risk-based strategy for exploration and production of shale gas and liquids.

Background: Risk management of shale projects and developments
In early 2013, DNV GL released the recommended practice for risk management of shale projects and developments to provide stakeholders a comprehensive understanding of potential risks and best practices to mitigate them. The RP was originally shaped as a risk primer for gaining a license to operate for new shale gas developments and to assure existing unconventional shale gas projects, especially in North America, could be sustainably operated.  The RP is the foundation for DNV GL's newly launched verification service.

The verification process identifies and recommends technical and non-technical best practices related to risk management, safety, health and the environment, well integrity, water and energy management, infrastructure and logistics, community engagement and communication, and permitting.

For further information about shale verification services and to view the full RP document visit: http://bit.ly/1nlE00x

 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Tideland Signal Acquires Julius Signal

Tideland Signal Corporation, now part of Xylem, has entered into a definitive agreement to acquire certain assets of Julius Signal, extending the company’s portfolio

North P&I Club Repots Positive Financial Performance

North P&I Club reports that an exceptionally low year for claims has helped it increase its free reserves by $90 million to $428 million and deliver a combined ratio of 73.

Seaspan Responds to Canada’s NSS Announcement

In response to the Government of Canada’s announcement of a series of enhancements to strengthen the National Shipbuilding Strategy, Seaspan Shipyards’ president

Energy

DONG Energy Listing to Value Group at up to $16 Bln

DONG Energy's has set a potential $16 billion price tag on its stock market debut, giving investors a chance to buy into the growth in offshore wind power, but

Seacat Services Secures Burbo Bank Charter Deal

DONG Energy has awarded  offshore energy support vessel operator Seacat Services with the supply contract for all crew transfer services at its 258MW Burbo Bank

EGAS: Egypt to tender for 10 LNG Cargoes

Egypt will tender next week to import 10 cargoes of liquefied natural gas (LNG) for delivery in July and August, an official from the state gas company, EGAS, said on Thursday.

People in the News

Seaspan Responds to Canada’s NSS Announcement

In response to the Government of Canada’s announcement of a series of enhancements to strengthen the National Shipbuilding Strategy, Seaspan Shipyards’ president

New Leadership at Alphatron Marine

Alphatron Marine announced that Arno Metzemakers will join the company's management team as General Manager responsible for all operational matters worldwide, effective June 1.

Prosafe Appoints Interim Chairman of the Board

Prosafe, owner and operator of semi-submersible accommodation vessels, informs that its Chairman, Harald Espedal, has notified the company that he will step down

Surveyors

Meet the Future Surveyor

Knut Ørbeck-Nilssen, CEO Maritime, DNV GL discusses the future of class   DNV GL is now integrated and fully armed to address the challenges of the day. Drones

ClassNK Updates Steel Ships Survey/Construction Guide

Classification society ClassNK has released printed versions of its 2016 Rules and Guidance for the Survey and Construction of Steel Ships.   ClassNK regularly

Returning to the Scene of the Shipwrecks

A participant in a diving field school last fall, graduate student Tori Kiefer is back to help a new set of students learn the joy of surveying shipwrecks.   Last fall,

 
 
Maritime Careers / Shipboard Positions Maritime Security Navigation Offshore Oil Pod Propulsion Port Authority Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1471 sec (7 req/sec)