Eirik Andreassen News

DNV Petroleum Services’ (DNVPS) independence from Det Norske Veritas (DNV) less than a year ago led to the creation of Veritas Petroleum Services (VPS), a new entity that continues to retain its global leadership in fuel management services and enduring collaborative partnership with DNV GL. Just as its new name draws on its illustrious past, VPS, the leader for maritime testing and surveys unveiled  a new brand and visual identity that represents its maritime roots as well as…

Funds managed by IK Investment Partners (IK) have entered into an agreement with the Norwegian foundation Det Norske Veritas (DNV), to acquire its subsidiary DNV Petroleum Services (DNVPS), a global leader in fuel management services. Financial details for the transaction were not disclosed. Founded by the Norwegian foundation DNV in 1981, DNVPS is a leading global provider of fuel management services for the maritime and power sectors with customers including ship owners, managers and charterers as well as power plant operators.