Responding to the UK Government’s plans to greenlight millions of pounds’ worth of new offshore developments, the UK Chamber of Shipping warned that coordination and forward planning is essential to ensure new windfarms do not pose navigational safety risks for vessels and the environment.
The European Commission has approved a French project promoting electricity generation from tidal energy, which was found to be in line with EU State aid rules, while it is expected to contribute further the EU’s energy and climate goals without distorting competition in the Single Market.
Europe added 4.5 GW of wind energy capacity in the first half of 2018, according to a report by WindEurope. The figure is down on the same period last year (6.1 GW) though is in line with expectations. The 1.1 GW of offshore wind was mainly in the UK (911 MW), Belgium (175 MW) and Denmark (28 MW).
The New Jersey Board of Public Utilities proposed a rule that would establish an offshore wind funding mechanism known as an Offshore Wind Energy Certificate. The program intends to help the state reach its immediate goal of 1,100MW of offshore wind capacity and pave the way for the ultimate goal of 3,500MW.
Three European oil and gas majors, UK’s Shell, BP, and Italian Eni, have outperformed their peers in new project approvals and lifting costs, according to latest research by Rystad Energy. For projects that have started up since 2014, majors have collectively achieved greenfield costs of $13.50 per barrel of oil equivalent.
From 16 to 31 May 2018, PSA Norway conducted an audit of Seadrill’s management of emergency preparedness and the working environment, including arrangements for employee participation, on the West Elara mobile drilling facility. A non-conformity concerning the maintenance of emergency preparedness equipment was found.
The Abu Dhabi National Oil Company awarded contracts worth US $1.6bn for the world’s largest 3D onshore and offshore seismic survey, covering an area up to 53,000 square kilometres. This is under the company’s attempts to maximize value from its hydrocarbon resources and deliver its 2030 smart growth strategy.
In the beginning of the year, New York sued five major oil companies. Namely, it demanded ExxonMobil, Chevron, BP, Royal Dutch Shell and ConocoPhillips to pay for the cost of protecting the city from the arising threat that the climate change poses. However, a New York federal judge dismissed the city’s complain.
PSA Norway conducted an audit of Lundin Norway’s extended well testing of well 7220/11-5 S in the Barents Sea. The audit included Ocean Rig as the holder of the AoC for the Leiv Eiriksson drilling facility. The audit was conducted between 22 March and 28 June 2018 and found points that can be improved.
PSA Norway has given Equinor consent to use a facility to supply power from onshore to the Johan Sverdrup field. Electrical power will be obtained from the onshore grid and converted to DC at a transformer station at Haugsneset close to the Kårstø facility in Rogaland.
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