• New P&A Guideline from DNV GL could save US$...

    The plugging and abandonment (P&A) of offshore wells represents a significant cost to operating companies and national authorities. On the Norwegian Continental Shelf (NCS) alone, the cost is estimated to be USD108bn (NOK1870bn) over the next 40 years. Now a new DNV GL guideline will introduce a risk-based approach instead of the current prescriptive practice. DNV GL estimates that when combined with optimized project execution and new technology, the P&A cost can be reduced by 30-50%.

  • “Tasneef” provides classification services to “...

    Emirates Classification Society “Tasneef”  has signed an agreement with Lockheed Martin, a global security, aerospace, and information technology company in the United States, to issue classification certificates and conduct inspection for a design of new naval vessel manufactured by Lockheed Martin.

  • IACS's New Rules to Enhance Safety of Large...

    The International Association of Classifications Societies (IACS) has adopted new Unified Requirements that will further improve the safety of Large Container Ships by enhancing consistency between pre-existing Class Society provisions in this area.

  • IACS: Class body must be more proactive

    Into his final month as chairman of the International Association of Classification Societies (IACS), Philippe Donche-Gay has had time to ruminate on the class body, its mission and how it could improve. The executive vice president and head of the marine & offshore division at Bureau Veritas took on the rolling one-year chairmanship of IACS last July.

  • New IACS Rules for Large Containerships

    The International Association of Classification Societies (IACS) announced the adoption of new Unified Requirements to further improve the safety of large containerships by enhancing consistency between preexisting class society provisions in this area.