Norwegian company suspends Nord Stream 2 activities

DNV GL, a Norwegian risk management and quality assurance firm, has suspended work on the Nord Stream 2 gas pipeline project. DNV GL said to Reuters that under the new US guidelines for the Protecting Europe’s Energy Security Act (PEESA), “we find DNV GL’s verification activities linked to vessels with equipment serving the Nord Stream 2 project to be sanctionable. DNV GL has therefore ceased delivery of services that may fall under the scope of PEESA.” DNV’s GL’s work involved reviewing documents and observing construction to ensure compliance with safety standards, which included monitoring the testing and preparation of equipment used by vessels to build the pipeline. See previous post on the PEESA guidelines. 


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