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Energy

Equinor Submits Troll West Electrification Plan to Norwegian Authorities

Category: Business News

Equinor and partners Petoro, Shell, Total and ConocoPhillips have decided in favour of Troll West electrification, and today submit the plan for development and operation to the minister of petroleum and energy. The decision includes partial electrification of the Troll B platform and full electrification of Troll C in the North Sea. This will cut […]

Source: World Oil


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Electrification to Fight Climate Change: The Challenge of a Lifetime

Category: Business News

As the American Jobs Plan, President Biden’s $2.25 trillion infrastructure package proposes a $174 billion investment ‘’to win the EV [electric vehicle] market.” The goal of 500,000 charging stations across the U.S. by 2030 is big probably not ambitious enough. The American Energy Alliance, for instance, reports that “wouldn’t even amount to 50% of what is needed in […]

Source: Forbes


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How Norway Became Europe’s Biggest Power Exporter

Category: Business News

The world’s largest synchronous electricity network has allowed many European countries to make power trading a part of everyday grid balancing. Until now, France has usually acted as the grid’s largest exporter, thanks to its location and nuclear fleet. But in 2020, Norway rose above France to become Europe’s powerhouse. What changed in the two countries, and is this an anomaly or a trend?

Source: power-technology.com


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Chevron, in Deal with Norway’s Moreld, Becomes First Major US Oil Company to Invest in Offshore Wind Project

Category: Business News

Chevron is the first U.S. oil major to invest in offshore wind power after signing a deal with Norway’s Moreld to help develop the turbine technology of tech firm Ocergy, while European oil giants Shell, Equinor and Total have already waded deeply into offshore wind projects.  “Offshore wind power is undergoing a period of rapid innovation […]

Source: Forbes


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Halliburton to Provide Petroleum Data Management Platform for Norwegian Petroleum Directorate

Category: Business News

Halliburton Company (NYSE: HAL) today announced it signed an eight-year contract with the Norwegian Petroleum Directorate (NPD) to deploy and operate Diskos, the Norwegian national repository of seismic, well, and production data for the oil and gas industry. Halliburton Landmark will deliver Diskos 2.0 using DecisionSpace® 365 cloud services in iEnergy® – the industry’s first […]

Source: Business Wire


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