DNV has signed an agreement with the Norwegian University of Science and Technology to provide between NOK 50 and 60 million for professorships and collaboration projects.
DNV and the Norwegian University of Science and Technology (NTNU) in Trondheim have signed a cooperation agreement. DNV will finance ten professorships, and four main areas of cooperation have been decided on: Arctic technology, marine transport, renewable and environmentally friendly energy, and integrated operations. DNV will also assist NTNU by providing guest speakers, contributing to student projects and providing professional collaboration on many levels.
The financial framework is more than NOK 10 million per annum and is initially valid for 5-6 years. This is the largest university agreement DNV has ever entered into. It also has cooperation agreements with Ohio State University in the US and NTUA, the technical University in Athens.
An underlying reason for entering into such an agreement with NTNU is the growing concern that technological and scientific studies are being overlooked by politicians in Norway. DNV is committed to supporting the development of engineers in its home market of Norway, as well as worldwide:
“We recruit engineers from all over the world. China, India, Singapore and many other states with technological colleges and universities are beginning to lead the way in the most important subject areas. There are many other countries with fewer resources that put more emphasis on higher education and research than Norway,” says Chief Executive Officer, Henrik Madsen.
“We place emphasis on this agreement benefiting NTNU in the best possible way, and we want it to, in so far as possible, support NTNU’s need to strengthen its teaching and research work,” adds Madsen. “At the same time, the agreement focuses on developing knowledge and expertise which are prioritised by DNV. We look forward to a mutually binding and very constructive collaboration with NTNU in the years ahead.”
Commenting on the collaboration, Torbjørn Digernes, Vice-Chancellor at NTNU says, “The government’s failure to increase funding has resulted in us having to operate on a low budget in many areas. We are thus also more and more dependent on obtaining external financing for both teaching and research. The agreement with DNV is therefore very valuable to us.”
DNV has previously had a cooperation agreement with NTNU for more than 10 years, including a scholarship scheme for Master’s and doctoral students who study at leading international universities as part of their NTNU studies.
Facts about NTNU
The Norwegian University of Science and Technology (NTNU) in Trondheim is Norway’s second-largest university, and has 20,000 students and some 3,500 employees. NTNU has the main responsibility for higher technology education in Norway.
For further information, please contact:
Director Per Ivar Maudal, NTNU, tel +47 905 46 610