DNV GL Seeks to Standardize Floating Turbines
DNV GL launched a new joint industry project (JIP) together with thirteen global partners to mutually develop a Recommended Practice for the coupled analysis of floating offshore wind turbines. Despite the fact that the wind industry has a strong focus on the development of floating offshore wind turbines, it is still…
Need to Cut Cost for Barent Sea Development - DNV GL Study
OG21 today received the DNV GL study of technologies that should be developed for year-round oil and gas production at 74 degrees North in the Norwegian Barents Sea. New licenses are due to be awarded in this area as part of the Norwegian 23rd licensing round. The report concludes that technology solutions are fairly mature, but need to be adopted for Norwegian waters.
Capturing CO2 Emissions Remains Frustratingly Expensive: Kemp
Fossil fuels will remain an indispensable part of the global energy supply for at least the next 50 years, so a means must be found to burn them without pumping carbon dioxide into the atmosphere. According to Martin Wolf, chief economics commentator of the Financial Times: "(Just) as the civilisation of ancient Rome was built on slaves, ours is built on fossil fuels.