The Vigdis subsea field has produced oil via the Snorre field for 24 years. When the field came on stream in 1997, it was expected to produce 200 million barrels. So far, it has produced twice as much, and based on new estimates the recoverable resources are 475 million barrels.
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DNV, an independent energy expert and assurance provider, acted as the Lender’s Technical Advisor, during the development phase, for Indonesia’s first-ever floating solar photovoltaic (PV) project at Cirata Reservoir in West Java.
Subsea 7 S.A. has entered into an agreement to acquire a majority interest in the equity of Nautilus Floating Solutions S.L. a developer of technology for the floating wind market based in Bilbao, Spain.
Global energy consultancy Xodus has launched a new report urging a bolder vision to enable the UK to become a global leader in the adoption of hydrogen.
As part of the Biden-Harris administration’s commitment to creating nearly 80,000 jobs through developing 30 gigawatts of offshore wind energy by 2030, the Department of the Interior’s Bureau of Ocean Energy Management (BOEM) announces two actions advancing the federal wind leasing process offshore California.
Global energy consultancy Xodus is assessing the infrastructure and modifications required to enable electrification of Harbour Energy’s Central North Sea assets following the successful delivery of a power optimization study examining the opportunities available to rationalize the generation systems on the Everest and Lomond assets.