Germanischer Lloyd acquires Trident Consultants

Kuala Lumpur / Hamburg, 5 May 2008 - Germanischer Lloyd (GL) continues expanding its Industrial Services. From now on Trident Consultants, a global engineering consultancy based in Kuala Lumpur, is part of the Germanischer Lloyd Group. "With Trident Consultants we extend our range of services in the oil and gas sector significantly," explains Pekka Paasivaara, Member of GL's Executive Board. Previous acquisitions in Great Britain, Canada and the U.S. in the last nine months have strengthened the technical portfolio of Germanischer Lloyd considerably.

The scope of Trident Consultants' capabilities comprises application in areas such as oil & gas operation and production, petrochemical, utilities, and environmental sectors. The company specialises in the management of risks to operations and from operating systems to people, the environment, asset revenue and reputation. Services include technical risk management, process validation, flow assurance, reliability, availability and maintainability (RAM) and process troubleshooting. Its health, safety and environmental services cover the full range from health and safety auditing to development of detailed Quantitative Risk Assessments and Environmental Impact Assessments.

Trident Consultants was formed in 1982 to provide consultancy in process engineering and safety to the onshore and offshore oil and gas and process industries. The company has a staff of 75 professional engineers and scientists working around the world, providing consultancy in the control of risks to people, the environment, assets, revenue and reputation arising out of the operation of engineered systems.

Germanischer Lloyd's Industrial Services offer third party certification and inspection, independent design verification, as well as risk-based inspections and condition surveys of production facilities both onshore and offshore. The holistic service offering is directed at owners and operators of complex plants and installations. Complemented by the British Advantica Group and Canadian PV Inspection, GL's range of oil & gas services extends across the asset life cycle. With the additional expertise of Trident Consultants, Germanischer Lloyd will now be able to further extend its network and service portfolio especially in Southeast Asia.

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