From the Science Lab: Clean Energy Projects that Could Impact Maritime
As part of a $175M grant for 68 novel clean energy technology projects from the U.S. Department of Energy, these four offer promise in helping the maritime industry meet its decarbonization goals.Makai Ocean Engineering – Waimanalo, HIRemotely Installed Anchorages for Floating Offshore Wind and Other Offshore Renewables Cost Reduction -$849…
Opedal Tapped for Top Spot at Equinor
The Equinor Board of Directors appointed Anders Opedal as its new president and CEO starting November 2, 2020. Eldar Sætre will retire after six years as CEO and more than 40 years in the company.Opedal ascends to the top spot coming from the position as Executive Vice President Technology, Projects and Drilling.
USA: Twelve Offshore Wind R&D Projects Selected for Funding
The U.S. National Offshore Wind Research and Development Consortium (NOWRDC) has selected twelve projects for contract negotiation, completing its first solicitation for offshore wind research and development technology projects. The twelve awards totaling $10.3 million will support a variety of research areas, including comprehensive U.S.
Cost Estimates at Equinor Norway Fields Goes Up
The cost of developing two major Norwegian oil and gas fields has increased due to the complexity of the projects, with the start of production delayed for one of them.The Ministry of Petroleum and Energy reports on the status of major projects that are currently undergoing development or have recently started operation.Thirteen of Equinor’s projects are on this list.
Johan Sverdrup Phase 2 Plan Approved
Norwegian authorities have formally approved the plan for development and operation (PDO) of the second phase of the Johan Sverdrup field, Equinor announced on Wednesday. The Norwegian energy company said the NOK 41 billion ($4.7 billion) project received broad support in Norway’s parliament at the end of April…
Carbon Trust to Make Offshore Wind Vessels Greener
The Carbon Trust's Offshore Wind Accelerator (OWA) issued a Request for Information (RFI) on the potential to reduce emissions and fuel consumption in offshore vessels. OWA plans to start a new industry competition next month.The RFI is the first stage in the competition that will have an estimated funding envelope of circa GBP 400…
World's First Floating Wind Turbine Gets New Life
The world's first industrial-scale floating wind prototype, Hywind 1, installed in 2009 off the west coast of Norway, will be reborn as an infrastructure for research and technology projects in Metcentre at Karmøy.Unitech Offshore, which manufactures and distributes subsea connector assemblies, said…
Johan Castberg Topside Construction Begins
Norwegian minister of petroleum and energy Kjell-Børge Freiberg cut the first sheet for the topside of the Johan Castberg floating production, storage and offloading unit (FPSO) at Kværner's yard at Stord on Wednesday as part of a large scale project triggering ripple effects throughout Norway.The topside…
Unmanned Platform Starts Production at Oseberg Vestflanken 2
The Oseberg Vestflanken 2 field in the North Sea came on stream on Sunday. Remote-operated from the Oseberg field center, the new Oseberg H platform is the first unmanned platform on the Norwegian Continental Shelf. Recoverable resources are 110 million barrels.“With Oseberg H we take a huge technological leap forward.
Equinor's Martin Linge Field Costs Rise Again, Start-up Delayed
Norway has again revised up the estimated cost of developing the Martin Linge oil and gas field, which state-controlled Equinor bought from France's Total last year, with the start-up delayed until 2020, according to the fiscal budget.The North Sea field is now expected to cost 47 billion crowns ($5.7 billion) to develop…
Statoil Inks LOI for Johan Sverdrup Phase 2
Statoil, on behalf of the Johan Sverdrup partnership, signed a letter of intent with Aibel for the construction of the processing platform topside for phase 2 of the project. A letter of intent for field center modifications is also issued to a joint venture of Aker Solutions and Kværner. Total value is estimated at more than NOK 11 billion ($1.4 billion).
Payne Named Chevron HS&E VP
Chevron Corporation named David Payne corporate vice president of Health, Environment and Safety, effective May 1, 2018. Payne is currently vice president of Chevron’s Drilling and Completions organization. He succeeds Wes Lohec who has elected to retire from Chevron after 37 years of distinguished service on June 1, 2018.
ABS Awards AIP for HHI FLNG Hull Design
ABS has granted Approval in Principle (AIP) to Hyundai Heavy Industries (HHI) floating liquefied natural gas (FLNG) hull design. ABS and HHI collaborated with the objective of developing a technically feasible and class compliant FLNG hull design, using the latest industry trends while maintaining high safety standards.
Final Turbine Installed at Dudgeon Wind Farm
This week saw the last of the 67 wind turbines being installed on the Dudgeon field and all of them are now producing electricity. During October, the wind farm will provide 410,000 homes in England with electricity. Thirty-two kilometers off the coast of Norfolk in England the wind farm has grown gradually…
Electricity from Dudgeon Offshore Wind Farm Starts
Up to 6,000 homes in UK are now receiving electricity from the first producing wind turbine on Dudgeon Offshore Wind Farm. When fully operational later in 2017 the offshore wind farm will provide electricity to over 400,000 homes. After a successful installation of the first wind turbine in early January…
Repsol Markets Corporate Green Bond
In a fresh landmark for Europe's capital markets, Repsol is poised to become the first oil and gas company to sell a Green bond transaction. The Spanish company started marketing a no-grow €500m five-year at 55bp area over mid-swaps on Tuesday morning - only the third investment-grade corporate Green bond in Europe this year.
Canada Government, Industry to Collaborate on Clean Tech
The Canadian and Alberta governments and three energy companies said on Thursday they will spend C$70 million ($51.14 million) to develop three new clean technology projects, aimed at cutting costs and carbon emissions in the country's oil sands. Northern Alberta's vast oil sands hold the world's third…
Statoil Invests in Brazilian Mega-field
Statoil ASA and Petróleo Brasileiro S.A. have agreed that Statoil will acquire Petrobras’ 66% operated interest of the BM-S-8 offshore licence in Brazil’s highly prolific Santos basin. The acquisition includes a substantial part of the Carcará oil discovery, one of the largest discoveries in the world in recent years.
Statoil Increasing Value of Johan Sverdrup
Since the plan for development and operation (PDO) of the Johan Sverdrup field was approved by Norwegian authorities, Statoil has cooperated with partners, authorities and suppliers on improving the project. The positive development of investment costs for Johan Sverdrup continues. The first phase is currently estimated at NOK 99 billion…
Statoil: Considerable Johan Castberg spin-offs
Statoil’s proposed impact assessment programme for the Johan Castberg project reveals that the project will be important to Norwegian industry and have strong ripple effects. During our improvement work we have created new opportunities for the Johan Castberg field in the far north. We have changed the concept and found new solutions that allow us to realise the project.
