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Hovem to lead DNV GL Oil & Gas

Wed 04 Oct 2017 by Karen Thomas

Hovem to lead DNV GL Oil & Gas
Liv Hovem takes over from Elisabeth Tørstad in January

Liv Hovem will replace Elisabeth Tørstad as chief executive of DNV GL’s Oil & Gas division from January, based at the business’ headquarters at Høvik, Norway.

Ms Tørstad becomes chief executive of the classification society’s new digital solutions business. Ms Hovem, who trained as a naval architect, is regional manager continental Europe, Middle East and India for the oil and gas unit.

DNV GL’s recent Energy Transition Outlook expects the oil and gas industry to account for 44% of the total energy mix in 2050 and for gas to become the largest single source of energy from 2034.

“While our model forecasts that oil demand will flatten from 2020 onwards, the stage is set for gas to continue playing a key role alongside renewables in helping to meet future lower carbon energy requirements,” Ms Hovem says.

The oil and gas business unit provides technical assurance and advice to operators, suppliers and regulators, from project start to decommissioning.