Stavanger: A new study about crucial risk management issues relating to Arctic operations is released by DNV and the Fridtjof Nansen Institute (FNI). This concludes that, in order to safely develop Arctic resources, there is a need for improved technology, oil spill preparedness and close cooperation between the authorities, industry and society. DNV’s CEO, Dr Henrik O. Madsen, presented the study entitled ‘Energy and the environment – Arctic resource development, risks and responsible management’ at the Offshore Northern Seas (ONS) Conference in Stavanger on 29th August. The presentation can be viewed at ONS’ streaming service https://www.ons.no/index.cfm?event=doLink&famId=308267
“Interest in the Arctic is growing rapidly, fuelled by melting sea ice, promises of vast energy and mineral resources, prospects of shorter shipping routes and confidence that enhanced scientific knowledge and maturing governance processes will ensure Arctic peace and predictability,” says Knut Ørbeck-Nilssen, COO at DNV’s division Norway, Russia and Finland. “However, this is a highly diverse region that defies simple, clear-cut definitions and generalisations. There are great variations within the Arctic and the public perceptions of promises and risks are polarised as never before: the Arctic as unspoilt nature with an acute need for protection from modern civilisation’s onslaught versus the great new energy frontier that can provide energy security, fortunes and job opportunities along Arctic coasts,” he says.
DNV is a global provider of risk management services, helping customers to safely and responsibly improve their business performance. DNV is an independent foundation with the purpose of safeguarding life, property and the environment. Through its network of 300 offices in 100 countries, DNV serves a range of industries with a special focus on maritime and energy sectors.
The Fridtjof Nansen Institute (FNI) is an independent foundation engaged in research on international environmental, energy, and resource management politics. The Institute maintains a multi-disciplinary approach, with main emphasis on political science, economics, and international law.
“Interest in the Arctic is growing rapidly, fuelled by melting sea ice, promises of vast energy and mineral resources, prospects of shorter shipping routes and confidence that enhanced scientific knowledge and maturing governance processes will ensure Arctic peace and predictability,” says Knut Ørbeck-Nilssen, COO at DNV’s division Norway, Russia and Finland. “However, this is a highly diverse region that defies simple, clear-cut definitions and generalisations. There are great variations within the Arctic and the public perceptions of promises and risks are polarised as never before: the Arctic as unspoilt nature with an acute need for protection from modern civilisation’s onslaught versus the great new energy frontier that can provide energy security, fortunes and job opportunities along Arctic coasts,” he says.
DNV is a global provider of risk management services, helping customers to safely and responsibly improve their business performance. DNV is an independent foundation with the purpose of safeguarding life, property and the environment. Through its network of 300 offices in 100 countries, DNV serves a range of industries with a special focus on maritime and energy sectors.
The Fridtjof Nansen Institute (FNI) is an independent foundation engaged in research on international environmental, energy, and resource management politics. The Institute maintains a multi-disciplinary approach, with main emphasis on political science, economics, and international law.
