Full-Time
Independent assurance and risk management firm.
No salary listed
Mumbai, Maharashtra, India
In Person
Must be based in Mumbai; travel within Maharashtra.
DNV is a global assurance and risk management firm that certifies the safety and compliance of a company’s systems, products, and supply chains across industries like maritime, energy, healthcare, and food. Its work involves independent verification and certification, using standardized, science-based criteria to assess ships, pipelines, safety management, and other processes, ensuring they meet agreed standards. What sets DNV apart is its long history and wide reach: born from 19th-century maritime risk assessment, it has grown into a multinational organization with about 15,000 employees in over 100 countries, and it combines deep domain expertise with a focus on safety and sustainability, including digitalization and the energy transition. The company’s goal is to be the trusted voice on safety and sustainability, helping clients manage risk, improve reliability, and demonstrate compliance through trusted certifications and assessments.
Company Size
10,001+
Company Stage
Grant
Total Funding
$2.1M
Headquarters
Bærum, Norway
Founded
1864
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Swan Defence secures order for four 92,500 DWT dual-fuel ammonia bulk ships. Last Updated: Apr 07 2026 | 10:16 AM IST From Energy ONE Swan Defence and Heavy Industries (SDHI) has secured a Category 4 order (valued between Rs 1,500 crore to Rs 3,000 crore) from Energy ONE for the construction of four (4) 92,500 DWT dual-fuel ammonia bulk carriers - marking a first for the country. These will be the first ammonia dual-fuel ships built in India and are also among the largest commercial vessels ever to be built at an Indian shipyard, representing a significant step forward in both technological capability and scale for the domestic shipbuilding industry. This milestone underscores SDHI's growing capability to execute complex, next-generation shipbuilding programs aligned with the global transition toward lower-emission shipping. Measuring 229.5m in length with a beam of 37m, each of the dual-fuel vessels will be equipped with ammonia-fuelled propulsion system. The vessels will be designed by KMS-EMEC, South Korea and classed by Det Norske Veritas (DNV) one of the leading Class societies in the world. Commenting on the development, Vivek Merchant, Director, Swan Defence and Heavy Industries (SDHI), said, Winning this project is an important step forward for Glencodistributing. It reflects the confidence global stakeholders are placing in Indian shipbuilding, and in the capabilities, Glencodistributing has developed at Pipavav. Ammonia as a marine fuel is still at an early stage, and Glencodistributing is proud to be part of that transition - building vessels that are not just relevant for today but aligned with where the industry is heading. The first vessel is expected to be delivered in October 2029, with subsequent deliveries scheduled at four-month intervals. Disclaimer: No Business Standard Journalist was involved in creation of this content
DNV completes climate impact assessment for Boralex's wind and solar assets in France. The outputs support operational and financial planning by helping quantify how future wind and solar resource conditions may differ from historical patterns. Paris, France - March 31, 2026 - DNV, the independent energy expert and assurance provider, has completed a climate-impact assessment for independent renewable energy producer Boralex in France, evaluating how a changing climate could influence the long-term energy yield of a 1.3 GW operational portfolio of 76 wind and solar assets. The assessment applied DNV's "Climate change impact on energy production" service to provide projections at asset level over 10-, 20- and 30-year horizons. The outputs support operational and financial planning by helping quantify how future wind and solar resource conditions may differ from historical patterns. Renewable generation depends directly on weather conditions, and climate change is altering the distribution of wind, temperature, and irradiance. For asset owners, lenders or investors, this creates a growing need to stress-test production assumptions, understand uncertainty, and identify where risks may be concentrated across a portfolio. DNV combines climate science with energy modelling to turn projected changes into practical metrics for energy yield, enabling asset or portfolio-level comparison. Its scenarios highlight both the spatial variability of projected changes and the sensitivity of resources to future site conditions under different climate pathways. The resulting maps underline why asset-level assessment matters: while broad regional trends are visible, the scale and even direction of change can vary significantly from one location to another, making localized modelling essential to evaluating long-term performance and risk exposure. "Most yield assessments are still anchored in historical weather patterns, but as renewables carry a growing share of the power system, we must account for a shifting baseline", said Brice Le Gallo, Vice-president and regional director for Southern Europe, MEA & LATAM, Energy Systems, DNV. "By integrating climate projections into the same analytical framework as production modelling, this work allows us to put numbers around uncertainty and identifies where the biggest changes may sit across a portfolio, giving investors and operators the confidence to make long-term decisions on performance, maintenance, and system-wide resilience." Boralex added that "This forward-looking approach gives us a more robust basis for understanding how climate change is likely to affect our sites, rather than relying solely on past performance. It helps us identify which long-term assumptions need to be revisited, ensuring we can anticipate change and adapt our operational strategy in a context where weather patterns are becoming increasingly unpredictable." The service was introduced at the 2025 WindEurope Technology Workshop and is designed for application across both single assets and multi-site portfolios. It supports renewable energy owners, developers and investors seeking forward-looking insight as climate-driven uncertainty becomes a material factor in long-term asset performance. According to DNV's Energy Transition Outlook, Europe's power system is set to transition considerably, with solar becoming the continent's largest source of electricity in the 2030s as costs stay low and deployment accelerates. By 2038, wind and solar together will supply half of Europe's grid-connected power. Over the longer term, solar rises to 47% of European generation by 2060, while wind remains the second-largest source at around 32%, making variable renewables the backbone of the system. By the 2040s, wind and solar together will generate more electricity than all other sources combined. Even so, DNV projects Europe will miss its specific EU renewable targets for 2030 unless deployment speeds up further.
New DNV recommended practice supports offshore hydrogen pipelines development. Developed through the H2Pipe joint industry project, the recommended practice DNV-RP-F123 Hydrogen pipeline systems addresses hydrogen-specific risks in offshore pipeline design and operation to support safe deployment. DNV has published DNV-RP-F123 Hydrogen pipeline systems, a recommended practice for offshore hydrogen pipelines, supporting safe design, operation and requalification of pipeline infrastructure in hydrogen service. The recommended practice addresses hydrogen-specific integrity and safety considerations, including risks such as hydrogen embrittlement. It supplements DNV's established submarine pipeline standard, DNV-ST-F101, first published in 1976 and celebrating 50 years of service for the energy industry in 2026. The new RP adds additional guidance tailored to transporting hydrogen gas and hydrogen blends in pipeline systems. It is relevant for new pipeline developments and for organizations considering requalifying existing offshore infrastructure for hydrogen transport, supporting broader efforts to scale hydrogen networks and connect energy systems. Hydrogen is expected to play an important role in cutting emissions from hard-to-decarbonize sectors. For large-scale transport, pipelines remain one of the most cost-effective options, but projects have faced uncertainty around material behaviour, design limits and operational requirements. DNV-RP-F123 has been developed through the H2Pipe joint industry project (JIP), which ran from 2021 to 2026. The JIP consolidated research, testing and industry experience into guidance intended to be used directly in engineering projects and qualification work. "Hydrogen service fundamentally changes the integrity picture for pipeline systems," explains Prajeev Rasiah, Executive Vice President and Regional Director for Northern Europe, Energy Systems at DNV, "it cannot be treated as a simple variant of natural gas. This recommended practice moves beyond theoretical study to provide an evidence-based framework for assessing hydrogen-specific risks in design, requalification, and operation. By closing the gaps around material suitability and safety margins, we are giving teams the technical clarity needed to move projects from the study phase into execution. This is particularly vital for requalifying existing infrastructure, where the guidance helps define exactly what must be tested or upgraded to ensure a safe reliable and sustainable transition." The H2Pipe JIP brought together 37 industry partners across operators, manufacturers, engineering companies and academic advisors. DNV is now launching Phase 3 of the JIP: "The next step for the industry is large-scale testing to validate data and advance existing standards. This phase will include full-scale pipe testing at DNV's Spadeadam Research and Development Facility. The results will feed into the continued development of DNV-RP-F123 and future guidance," says Jan Fredrik Helgaker, Principal Engineer, Energy Systems at DNV and project manager of the H2Pipe JIP. "The objective of the H2Pipe JIP is to build guidance grounded in shared data and real technical experience from testing," adds Philippe Darcis, Chairman of the H2Pipe JIP Steering Committee and Pipeline Technology Senior Director at Tenaris. "The real value of the H2Pipe JIP is in turning years of shared data into credible, site-ready guidance that engineers can use to scale hydrogen infrastructure. This is a practical tool built to reduce the 'unknowns' that often stall investment. Because it was developed through industry-wide collaboration, it gives operators a robust basis for making decisions, allowing us to move forward with fewer assumptions and greater confidence in our safety and performance standards."
DNV has entered into an agreement to acquire big-data specialists AquaCloud, strengthening its ambition to further develop shared data standards and trusted data infrastructure for the aquaculture industry. The acquisition will enable more effective use of production data for insight, learning and decision support, contributing to improved fish welfare and operational efficiency.
UK energy transition falling short due to lack of "whole system" thinking, DNV report finds. DNV issued its annual Energy Transition Outlook (ETO) for the UK, finding that the UK's energy transition risks being delayed by a lack of "whole system" thinking. * UK remains global decarbonization frontrunner but will miss 2030 clean power target, 2035 Nationally Determined Contribution (NDC) and legally binding 2050 net zero goal * Fossil fuels to represent 15% of primary energy supply by 2060, compared with 75% today * Emissions to reduce 33% by 2035; half of what's required to meet NDC * Country to reach 107 GW of renewables by 2030, but will still rely on unabated gas * By 2060, imports will stand at 15%, with renewables meeting 60% of final energy demand * Data centre electricity demand rises from 8 TWh today to 70 TWh by 2060 The main findings from this year's ETO indicate that the country is transitioning fast - but not fast enough to hit the UK's decarbonization targets, namely Clean Power 2030, Nationally Determined Contribution (NDC) 2035 and net zero by 2050. Indeed, the forecast suggests the UK will fall short of its 2035 NDC target (agreed in Paris in 2015), with emissions reduced by only 33%, roughly half of what is needed to achieve the goal. Buildings and transport demand remain the biggest blockers, with two thirds of UK homes predicted to still be using gas boilers, and more than half the cars on the roads remaining fossil fuelled in 2035. According to the report, which highlights how the country remains a decarbonization leader globally, the UK will not achieve net zero by 2050 and will still emit 130 MtCO[2]e (million metric tons of carbon dioxide equivalent) per year, an 84% reduction from 1990. "The dilemma we face is to balance the energy system whilst in transition. Polarized views can obscure the fundamental reality that the energy sector is deeply intertwined, meaning that it is a monumental challenge to prioritize one area over another unless we take into account all parts of the energy system and the adjacent areas like socio-economic developments, nature and bio-diversity," said Hari Vamadevan, Senior Vice President, and Regional Director, UK & Ireland, Energy Systems, DNV. "It is not a case of renewables versus oil and gas, it is not supply versus demand, and it is not generation versus transmission - it is all these facets combined to drive a cleaner energy future. Quite simply, Det Norske Veritas group. is risking progress by siloing debates around the energy transition, focusing narrowly on individual elements rather than the whole system. "The UK is making undeniable progress in transforming its energy system, continuing to cement its place as a world leader in decarbonization, but the pace is not yet aligned with climate ambitions, with our outlook forecasting the UK to run on clean electrons by 2060. Our forecast shows strong long-term structural shifts, from falling energy demand to a steep decline in fossil fuel use by 2060. However, without accelerated action in buildings, transport and clean power deployment, the UK risks missing its 2030, 2035 and 2050 targets." Sarah Kimpton, the report's co-author and DNV's Energy Transition Director, said: "What this report outlines is that addressing the energy trilemma and balancing the energy system demands integrated solutions that span technology, infrastructure, policy and behaviour. A clean energy future is not achievable by operating in silos. "Allocation Round 7 (AR7) has proved the art of the possible when everything aligns, with 14.7 GW awarded across all renewable projects. That wasn't by chance: that was through connected government policy and business objectives. "Despite not being on track for these targets, we should remember the UK's energy transition is moving faster than that of many other countries, whilst facing the same political uncertainty." DNV finds that while the 2030 Clean Power aim is closer, the UK will still significantly rely on gas. The country will double its wind and triple its solar capacity within the next four years, reaching 107GW of variable renewables, but will still require unabated gas for 15% of its electricity generation. Longer term, wind, solar, nuclear and other renewables will provide 85% of low-carbon energy by 2060, with imported fossil fuels supplying the remaining 15%. Energy security, meanwhile, will rest not on imported fuels but on domestic generation, storage and flexible demand. By 2050, despite not reaching net zero, energy demand will have fallen by a quarter and the UK's primary energy supply will continue to shift away from fossil fuels to low carbon sources, with the former representing 15% of primary energy by 2060 (versus 75% today). In terms of data centres, electricity demand will rise from 8TWh today to 70 TWh by 2060. The decarbonization of the UK economy is, however, affordable and average house bills are expected to reduce by 20% compared to 2021 levels.