offshore operations

DNV GL awards Arkona offshore wind farm

DNV GL announced that it awarded the Arkona Offshore Wind Farm with the project certificate. The certification procedure was based on the  German Federal Maritime and Hydrographic Agency standard BSH7005 and covers all stages of the project development from design planning over construction to commissioning.

UK’s first offshore wind farm decommissioned

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 informs about 13th discovery off Guyana

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.

Qatar Petroleum launches 100 LNG carriers construction invite

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 partners to develop wave power stations on industrial scale

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. 

Potential for future growth in UK North Sea after Chrysaor-ConocoPhillips deal

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.

Watch: The first offshore wind farm in the Mediterranean

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.

Europe invests €27 billion in new wind farms in 2018

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.

Water the largest challenge to field development in Permian Basin

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.

Keppel receives approval to convert Gimi FLNG project

Keppel Offshore & Marine’s wholly-owned subsidiary, Keppel Shipyard Ltd, has received the Final Notice to Proceed from Gimi MS Corporation, a subsidiary of Golar LNG Limited, to begin full conversion works for the Gimi Floating Liquefaction Vessel project. The total contract is worth US$947million and builds on the issuance of the Limited Notice to Proceed on 17 December 2018.

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