NEWS

Energy

Equinor receives green light for a uniquely profitable project

Business

Category: Energy

The Ministry of Petroleum and Energy has approved the plan for development and operation (PDO) of the Troll Phase 3 development.  Capital expenditures of $918.5 million (NOK 7.8 billion) will help extend the productive life of the Troll field beyond 2050. A unique oil and gas field globally Troll generates highly important to value for […]

Source: World Oil


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Johan Castberg construction begins at Stord, says Equinor

Business

Category: Energy

Norwegian minister of petroleum and energy, Kjell-Børge Freiberg, will start cutting the first sheet for the topside of the Johan Castberg vessel at Kværner’s yard at Stord. The construction will create major ripple effects throughout Norway. “Johan Castberg is the next major development on the Norwegian continental shelf and will open a new area in […]

Source: WorldOil


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U.S. Department of Energy awards study of bifacial PV technology, which could prove a 10% increase in energy output

Business

Category: Energy

DNV GL, the world’s largest resource of independent energy experts and certification body, announced that it was selected to receive a USD 200,000 award from the U.S. Department of Energy (DoE) Solar Energy Technologies Office (SETO) for a photovoltaic (PV) research project of bifacial PV technology.  Bifacial PV modules have the potential to increase energy […]

Source: DNV GL


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Equinor made a gas discovery northwest of Atlantis

Business

Category: Energy

Equinor Energy AS, operator of production license 615, has completed the drilling of wildcat well 7324/3-1. The well was drilled about 15 km northwest of discovery well 7325/1-1 (Atlantis) and 370 km north of Hammerfest. The well’s primary exploration target was to prove oil in reservoir rocks from the Late Triassic Age (upper part of […]

Source: World Oil


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Schlumberger Norge har tapt fire milliarder på to år

Business

Category: Energy

Lavere aktivitet, press på marginer og finansielle nedskrivinger, har gitt milliardunderskudd for oljeservice-giganten Schlumberger Norge for andre året på rad. Resultat før skatt for Schlumberger Norge AS i det nylig fremlagte regnskapet for 2017, var minus 2 milliarder kroner, som er på samme nivå som i 2016, skriver Stavanger Aftenblad. Selskapet ønsker ikke å kommentere regnskapstallene […]

Source: Sysla


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