UK-based energy firm E. ON announced the decommissioning of its Blyth wind farm, the first offshore wind farm in UK and the world’s first offshore wind farm to use float and submerge technology. Blyth was commissioned in December 2000 as a pilot project.
ExxonMobil announced that it made a new oil discovery offshore Guyana at the Yellowtail-1 well, marking the 13th discovery on the Stabroek Block. The discovery complements the previously announced estimated recoverable resource of approximately 5.5 billion oil-equivalent barrels on the Stabroek Block. Yellowtail-1 is the fifth discovery in the Turbot area.
Oil and gas firm Qatar Petroleum has issued an Invitation to tender for the development of four liquefied natural gas mega-trains at its North Field Expansion project. The oil major looks for the reservation of ship construction capacity required for a fleet of over 100 liquefied natural gas carriers.
Italian energy company Eni signed a non-binding agreement with three compatriots, the shipbuilder Fincantieri, the bank Cassa depositi e prestiti, and energy firm Terna, at the Eni headquarters in Rome, to develop and build wave power stations on an industrial scale.
Providing its comment after Chrysaor agreed to buy ConocoPhillips’ North Sea assets in a US$2.7 billion deal, Romana Adamcikova, Wood Mackenzie senior analyst, North Sea upstream, said that Chrysaor will now become the top producer in the UK in 2019 and will be among UK’s largest producers for the next few years.
This video depicts Taranto, the first offshore wind farm in the Mediterranean Sea, in the Italian Apulia region. The wind farm will be installed on monopile foundations in a water depth ranging from 3 to 18 metres. Senvion has adapted its 3.0M122 onshore turbines to the particularly challenging offshore environment and developed an installation procedure suitable for the near shore wind farm.
A Swedish-Norwegian research project will be searching into the possibilities and costs of transporting CO2 captured in Sweden for storage on the Norwegian shelf. This is the first project ever to look into this possibility. The goal of this project is to investigate the possibilities of launching a full-scale facility for the capture and transport of CO2 from the Preem refinery and wet gas plant at Lysekil.
The video, issued by oil and gas company Energean, depicts the hull keel laying of the FPSO ‘Energean Power’ that took place on 13 April at COSCO Zhoushan yard, China. This comes as the company announced this week a significant gas discovery at the Karish North exploration well.
Europe invested €27 billion in new wind farms in 2018, which will finance a record amount of future new wind energy capacity, according to WindEurope’s annual report. The amount invested is similar to previous years, but, thanks to cost reduction, especially in offshore wind, it will finance a record 16.7 GW of new wind capacity.
From sourcing to disposal, water is slowly becoming the largest challenge to field development in the Permian Basin, Wood Mackenzie says. In fact, failure to mitigate these issues could increase costs, with possible consequences as severe as well shut-ins. The number of completed Permian wells is rising, and water disposal volumes are expected to double by 2022.
