DNV
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The organization has launched Industrial Services in an effort to support growing energy and infrastructure markets. -
DNV awarded the Abu Dhabi National Oil Company a storage certificate at the endorsement stage for its West Aquifer site.
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A DNV report on decarbonization says the Middle East and North Africa region is expected to become the world’s largest hydrogen exporter by 2060 while maintaining a dominant position in global oil and gas markets.
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The report says the capacity of renewables in the region is set to grow tenfold by 2040 as electricity demand and new sectors drive rapid solar and wind expansion.
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DNV projects the energy transition will be marginally slower than what it forecast last year, both in terms of emissions and in fossil fuel’s share of primary energy.
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The company, as part of joint industry projects, has released an updated version of its computational fluid dynamics software that it says will aid in developing technology for the energy transition.
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DNV’s carbon capture and storage outlook forecasts a massive shortfall in the projects necessary to help the world reach net-zero emissions by 2050.
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Virtual reality and related visualization technologies are helping reshape how the industry views 3D data, makes decisions, and trains personnel.
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DNV has certified the feasibility of ADNOC’s West Aquifer carbon dioxide storage site in the UAE, marking a significant milestone in the Middle East’s carbon capture and storage efforts.
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Wood Mackenzie analysis projects a full repeal of the Inflation Reduction Act is unlikely, while industry proponents urge permitting overhaul and loosening of burdensome regulations.
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