Sleipner partnership to disclose CO2 storage data

As part of their efforts to advance innovation and development on the field of CO2 storage, Norwegian oil company Equinor and its partners will disclose datasets from the Sleipner field; the world’s first offshore Carbon Capture and Storage (CCS) plant. 

Watch: Equinor’s Snorre expansion templates begin their voyage

The subsea templates for the Equinor-operated Snorre Expansion Project, located in the Northern North Sea Offshore Norway, have sailed away from a fabrication yard in Norway. The first four templates left Agility in Tønsberg on the east coast of Norway on May 16 and they will soon be on the seabed. 

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.

Watch: New lift record set as Johan Sverdrup field centre is completed

Three days were enough to lift four of the last pieces in the Johan Sverdrup puzzle into place, namely the two final platform topsides, a bridge and a flare stack. The processing platform lift was the heaviest lift ever performed offshore. The installation and completion phase offshore at Johan Sverdrup began with installing the jacket for the riser platform in August 2017.

Watch: How the oil market is changing

In this video, IEA explains how the oil markets are changing. With developing economies now contesting for more demand, they will account for all of the growth in oil consumption by 2040 and over 80% in gas use. What is more, global oil production is continuing its increase fueled by the transport sectors and petrochemicals.

Watch: Blockchain technology system to focus on oil and gas industry

Canada-based PermianChain Technologies launches the blockchain technology ‘Permian Token’ aiming to oil and gas investments. Permian Token is a crypto-asset that supports holding rights to the value of proven reserve that is to be produced. The system enables the digital transfer of underlying assets value in the form of digitized value of oil.

US approves oil and gas island off Alaska

The US Bureau of Ocean Energy Management issued conditional approval to Hilcorp Alaska for its Liberty Project oil and gas development and production plan. If developed, the facility will be the first oil and gas production facility in federal waters off Alaska.

Project eyes creation of a fish farm as the world’s largest vessel

Norwegian companies Nordlaks and NSK Ship Design have cooperated on a project that could be the beginning of a sustainable revolution in the fish farming industry. If the project is completed as it has been designed, it will result in the creation of the longest ship in the world. 

Watch: World’s largest offshore wind farm officially opens

The world’s largest operational offshore wind farm, Walney Extension, will officially open today at a ceremony in Barrow in the north-west of England. Walney Extension, which is owned by Ørsted and its partners PFA and PKA, is the first project to use wind turbines from two different manufacturers.

Drilling campaign in Black Sea does not provide discoveries

Black Sea Oil & Gas SRL announced the completion of a two well exploration drilling program in the XV Midia block, offshore Black Sea. As the company said the Iulia-1 well did not encounter any reservoir, while dry gas discovered at Paula-1 did not prove commercially viable for testing.

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