Saturday, November 23, 2024

Finnmark News

"Green" Ammonia's Future as a Marine Fuel

Ammonia, the same pungent solution used in fertilizers and cleaning agents, may one day be the key to transporting renewable energy around the world. There are currently a number of government and corporate projects assessing the feasibility of converting excess renewable energy from sources like wind, solar, tidal and nuclear into ammonia and then back into usable energy.In its purist form, ammonia or NH3…

Equinor Pushes Shore Power, Cuts CO2

Norwegian oil major Equinor said that NorSea opened a shore power supply station at the Dusavik supply base in Stavanger, Norway, on January 18."The base is the latest in a string of supply bases where vessels operating on Equinor contracts are offered shore power for hotel needs while at berth and to charge their onboard batteries," said a press statement.Shore-to-ship power supply is one of several measures to reduce emissions in logistics.

Johan Castberg PDO Approved

Photo: Equinor

The plan for development and operation of the Johan Castberg field in the Barents Sea was approved by the Norwegian Parliament on Monday, June 11. The plan will now be submitted to the Ministry of Petroleum and Energy for formal approval.With first oil scheduled for 2022, the field has a production horizon of 30 years. Capital expenditures for the project are NOK 49 billion ($6.2 bln), and recoverable resources are estimated at 450-650 million barrels of oil equivalent.

Statoil Decision on Castberg Field in late 2017

* Expected to come on stream in 2022, the Castberg field will be operating for 30 years. * Statoil will invest around NOK 1.15 billion ($135.73 million) per year in operation of the field, amounting to around 1,700 man-years nationally, of which around 500 will be performed in northern Norway.

Northern Finland Leads in Wind Energy Usage

Wind power in the northern regions of Finland is developing most rapidly than other parts of the c Scandinavia and the Kola Peninsula. According to data collected on a statistical portal Patchwork Barents, regions of Ostrobothnia and Lapland are the undisputed leaders in the production of electricity from wind power. In another northern Swedish province - Norrbotten - is planned to place the largest wind power project to build a wind farm Markbyugden.

Norway Mulls Support for Statoil Project

Norway will ask European competition authorities whether it can provide state support to energy firm Statoil to bring oil and gas to the shore from its Johan Castberg field in the Arctic, the oil minister said on Tuesday. Statoil initially favoured piping the oil to an onshore loading terminal, but deemed it too expensive and said pumping it onto tankers at sea might be a more viable option. "Bringing it to the shore ensures the best resource management and the greatest benefits to the Finnmark county…

Statoil Service Contracts Announced

Mongstad is one of seven bases included in the service contracts awarded. (image courtesy Statoil)

Awards contracts for services at seven coastal bases. Statoil has awarded the service contracts for seven bases for the company in Norway. These contracts have been awarded to NorSea Group AS, Saga Fjordbase AS and Asco Norge AS. The contracts awarded include terminal and warehouse services as well as storage and pipeline handling. “These contracts, which will involve a long-term cooperation with the chosen suppliers, will result in great savings for Statoil’s logistical operations.

Statoil Awards Contracts in Norway

Statoil has today, 7 January, awarded the service contracts for seven bases for the company in Norway. These contracts have been awarded to NorSea Group AS, Saga Fjordbase AS and Asco Norge AS. The contracts awarded include terminal and warehouse services as well as storage and pipeline handling. “These contracts, which will involve a long-term cooperation with the chosen suppliers, will result in great savings for Statoil’s logistical operations.

Statoil: Barents Sea Exploration Completed

the Barents sea map. (Photo: courtesy Statoil)

Statoil has completed the extensive 2013-2014 exploration programme in the Barents Sea. This represents an all-time high exploration activity and 10% of all exploration wells drilled in the Barents Sea since its opening in 1980. “This is a unique exploration programme. A commitment of this size and complexity requires geological, technological and organisational muscle, and the data collected are important for the future understanding of the oil and gas potential in the Barents Sea…