Jardine and Associates will be integrated as part of DNV’s Consulting business. The acquisition follows several years of DNV and Jardine working closely in an operating alliance.

The combined expertise of DNV and Jardine will offer the market the full range of asset risk management services, delivering the objective of managing assets safely and responsibly.

Asset managers are constantly having to identify new opportunities for improving operational results and managing the associated risks. There is industry recognition that “value chain reliability” provides added value to high-CAPEX projects. Those assets that succeed in operating more efficiently and reliably than their competitors will be positioned to ensure long-term success.

Perfect fit
“Jardine and DNV are ideally suited to meet market demand for developing and implementing optimum risk based solutions for assets,” says Iain Light, Chief Operating Officer of DNV Consulting.

Jardine commands a leading world-wide position in providing innovative solutions to asset performance problems in the oil and gas, chemical, power and rail industries. This position has been achieved through the integration of advanced life-cycle simulation technology and specialist engineering resources.

Jardine’s engineers utilise a range of proprietary software simulation tools developed "in-house" by a dedicated software division. This expertise places the company at the forefront of computer simulation engineering.

With a firm base in DNV’s strong technical competencies, international experience and unique independence as a foundation, DNV Consulting offers advanced cross-disciplinary competence within management and technology. DNV Consulting serves clients in the oil and gas, process, transportation, food and beverage, utilities, ICT and public sectors.

Jardine will bring its innovative and unique approach to asset risk management.

Hari Vamadevan, Managing Director, Jardine says: “There are exciting synergies in this relationship, in which Jardine adds quantitative performance improvement to DNV’s asset optimisation services, in particular for oil and gas, LNG, petrochemical and transport applications.”