Germanischer Lloyd acquires the British Advantica Holding, based in Loughborough, with 660 employees worldwide from National Grid plc. With this acquisition, Germanischer Lloyd will double its turnover in the oil and gas industry and significantly strengthen its position in the UK, Middle East and US markets. Advantica concentrates on oil and gas installations and pipeline networks and is therefore an expert for risk and safety analyzes, offering consulting services for installation design and the optimization of operations. To date, the Germanischer Lloyd Industrial Services unit has focused on asset and process safety, production know-how and inspections as well as evaluation of structures and safety related components.