Energy

Production from the Trestakk subsea field on Haltenbanken in the Norwegian Sea started on 16 July. Tied back to the Åsgard A floating production vessel, the field has estimated recoverable resources of 76 million barrels of oil. Field production started on time, below budget and without any serious incidents.

A new project, which is set to revolutionize tidal turbine blades, has begun developing a state-of-the-art computer model to simulate blade wear and tear. The simulations will be used by the NEMMO (Next Evolution in Materials and Modelling for Ocean energy) project team to deliver a more performant class of turbine blade.

The Dales Voe decommissioning facility in Shetland is one step closer to becoming a center of excellence for recycling offshore structures from the North Sea with the arrival of two new installations for decommissioning by strategic partners Veolia and Peterson. The structures from Spirit Energy’s ST-1 arrived in the dedicated port facility on 15 July.

ALE has completed the jack-up, skidding and load-out of an offshore platform for the third development stage of the Vladimir Filanovsky oil field, the largest in the Russian section of the Caspian Sea. The field currently produces six million tonnes of crude oil per year.

WavEC Offshore Renewables announces that the TWIND project, in the field of offshore wind energy, was approved for funding under the EU Horizon 2020 Framework Program.

Equinor, Korea National Oil Corporation (KNOC) and the Korean power company Korea East-West Power (EWP) have formed a consortium to develop the floating offshore wind project Donghae 1 off Ulsan in South Korea.

Resolve Marine Group, Inc. (RESOLVE), an international marine services provider, with its headquarters in the USA and Bibby Marine Services (BIBBY), a U.K. based dedicated “Walk to Work” vessel company (W2W) operating primarily in the European offshore wind sector, have signed a Memorandum of Understanding (MOU) to proactively develop Jones Act compliant vessel solutions for the emerging and exciting U.S. Offshore Wind sector.

U.S. crude oil production and lease condensate reached another milestone in April 2019, totaling 12.2 million barrels per day (b/d), according to EIA’s latest Petroleum Supply Monthly.

Siemens will provide MODEC with three 34-megawatt (MW) SGT-A35 gas turbine power generation packages that will power MODEC's floating production, storage, and offloading (FPSO) vessel.

McDermott International, Inc. and its joint venture member Chiyoda have reached an agreement with Cameron LNG related to the construction of its LNG liquefaction project in Louisiana.

Rever Offshore, a leading subsea services provider to the oil and gas industry, continues to consolidate its North Sea presence, announcing the successful completion of three standalone contracts for energy major, Total E&P UK.

Equinor has, on behalf of the Oseberg partners, made a profitable oil discovery related to Oseberg Vestflanken. The well was drilled by the Askepott rig and the discovery will soon be put on stream via the new, unmanned and remote-operated H platform on the Oseberg field.