Sale to Industrial
Marine Cybernetics sold to DNV GL
Marine Cybernetics AS, the leading company for third-party testing of computer control systems for offshore and marine applications, announced on 7 May 2014 that the owners of the company have reached an agreement with DNV GL, the world’s largest ship and offshore classification society, for the sale of 100% of the shares in the company
2014

Advanced testing of control systems for Marine and O&G equipment and vessels

Marine Cybernetics was established in 2002 as a spin-off from the Norwegian University of Science and Technology (NTNU). Based in Trondheim, Norway, the company introduced the concept of Hardware-In-the Loop-Testing (HIL) to the maritime and offshore industries. During the last 12 years, the company has established itself as the leading company for third party testing of operational and safety critical computer control systems used in various maritime and offshore operations, and has been working with major E&P companies, rig companies, vessel owners, system producers and shipyards. Marine Cybernetics has performed HIL tests on 140 different vessels, including mobile offshore drilling units (drill ships, semi-submersibles, jack-ups), construction/diving vessels, shuttle tankers and offshore service vessels. HIL testing significantly reduces the risk of accidents, off-hire costs and non-productive time due to software-related issues. Marine Cybernetics was prior to the transaction owned by Statoil Technology Invest, Jebsen Asset Management, the founders and employees.

DNV GL is the world’s largest ship and offshore classification society, the leading technical advisor to the global oil and gas industry, and a leading expert for the energy value chain including renewables and energy efficiency. DNV GL has also taken a position as one of the top three certification bodies in the world. DNV GL is operating in more than 100 countries with 16,000 professionals.

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