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Google Will Start Getting Wind Power From Norway

Business

Category: Energy

Alphabet’s Google unit expects to receive its first wind power from Norway by early September, the company told Reuters on Wednesday. Tellenes wind farm, a 50-turbine strong wind farm of 160-megawatt (MW) capacity that is currently under development, will become Norway’s largest wind farm and Google’s biggest in Europe. “We’ll purchase power as soon as […]

Source: Fortune

Published: July 22, 2017


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Statoil to develop Snefrid Nord gas discovery, near Aasta Hansteen field

Business

Category: Energy

Statoil and partners have decided to develop the Snefrid Nord gas discovery near the Aasta Hansteen field in the Norwegian Sea. The discovery, scheduled to come on stream in late 2019, will be tied back to Aasta Hansteen. The authorities therefore today received a supplement to the Plan for Development and Operation (PDO) of the […]

Source: World Oil

Published: July 22, 2017


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GE closes Baker Hughes deal, becomes No. 2 oilfield service provider

Business

Category: Energy

General Electric Co on Monday completed its buyout of Baker Hughes Inc, merging it with its own oil and gas equipment and services operations to create the world’s second-largest oilfield service provider by revenue. The new company, to be called “Baker Hughes, a GE company,” will begin trading on Wednesday on the New York Stock […]

Source: Reuters

Published: July 22, 2017


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Statoil brings Gina Krog field on stream in North Sea

Business

Category: Energy

On June 30, Statoil started production on the Gina Krog oil and gas field in the North Sea. Statoil and the partners invest a total of some NOK 31 billion in the development of the Gina Krog field. “We are proud to have delivered Gina Krog with a good HSE record and in line with […]

Source: World Oil

Published: July 22, 2017


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Oil and gas industry lags new trend of chief digital officers

Business

Category: Energy

Companies from around the world are starting to establish new executive-level positions, as in “chief digital officers (CDOs),” to navigate the open sea of the digital transformation, according to a recent survey by PricewaterhouseCoopers. There is one notable laggard, however—the oil and gas industry, as indicated by PwC’s findings. The results suggest that of the 2,500 largest […]

Source: World Oil

Published: July 22, 2017


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