DNV Consulting has been awarded a contract with UK independent Venture Production to carry out a series of risk based management system assessments and audits.

Venture Production has engaged DNV Consulting to conduct a programme of independent assessments and audits of core Venture management processes, and the related management system elements of selected contractors. These risk based assessments will be conducted against a series of key business processes by applying the DNV Alpha Assessment system.

"We have recently developed this concept" says Nick Jackson, Director of DNV Consulting "It is a comprehensive maturity assessment based upon the expectations of our new isrs7 processes. We believe this provides a structured and systematic evaluation of an organisation's performance by actively involving the organisation in the assessment and evaluation process."

Boyd Wright, Health, Safety and Environmental Manager at Venture comments, "At Venture we recognise that today's business demands the full integration of Health, Safety, Environmental (HSE), Quality and business risk management. HSE excellence is critical to business survival and progress, but on its own is not sufficient to enhance business performance and ensure success - hence we have contracted DNV Consulting to measure and assist us in the improvement of some of our most vital business processes, and also those of our key contractors and partners."

Isrs7 is recognised as a world leading system for improving health, safety, environmental and business performance. The new system is based on the long established International Safety Rating System (ISRS) and includes all requirements for ISO 9000:2000 (Quality Management), ISO 14000 (Environmental Management), OHSAS 18001 (Health and Safety Management), PAS 55 ((Asset Management) and the Global Reporting Initiative 2004.

For more information contact:
Don.banks@dnv.com tel: +44 (0)7803 968 236
Joyce.dalgarno@dnv.com tel: +44 (0) 77 88 9825 66

Date: 2005-09-08