Equinor and bp jointly bid into New York’s third offshore wind solicitation (NY3) today. Equinor and bp’s bid, submitted to the New York State Energy Research and Development Authority in response to the state’s most recent offshore wind energy solicitation, would provide New York with renewable energy from the Beacon …
Read More »Equinor Finds more Oil in North Sea Troll Region
Equinor has discovered oil in the Toppand prospect in the Troll/Fram area of the Norwegian North Sea. The semisubmersible West Hercules drilled wells 35/10-7 S and 35/10-7 A 8 km (5 mi) west of the Fram field in 354 m (1,161 ft) water depth. Well 35/10-7 S encountered 75-m (246-ft) …
Read More »Brazil to Lead Americas Crude and Condensate Production
Brazil is expected to contribute about 48% (1.35 MMb/d) of the Americas crude and condensate production in 2025 from upcoming projects (excluding the US L48), according to GlobalData. The company’s latest report, ‘Americas Upstream Development Outlook, 2021–2025’, reveals that 1.164 MMb/d of crude and condensate production in Brazil in 2025 …
Read More »Iran Brings Onstream more South Pars Gas
The Iranian Ministry of Petroleum has inaugurated three new gas projects, according to news service Shana. These are the offshore portion of Phase 27 of the South Pars gas field development in the Persian Gulf; two offshore portions of South Pars Phase 14; and the first phase of the Siraf …
Read More »EIA: US Weekly LNG Exports Rise, Henry Hub Drops
In the latest Short-Term Energy Outlook for the week of 4 March to 10 March 2021, EIA reveals the Henry Hub spot price fell from $2.84 per million British thermal units (MMBtu) last Wednesday to $2.60/MMBtu this Wednesday. Natural gas spot prices fell at most locations in this time frame. …
Read More »U.S. Hits New Natural Gas Highs in 2019
The U.S. Energy Information Administration’s (EIA) Natural Gas Annual shows that the United States set new records in natural gas production, consumption, and gross exports in 2019. In 2019, dry natural gas production increased by 10 per cent, reaching a record-high average of 93.1 billion cubic feet per day (Bcf/d). …
Read More »BP Supercomputer Mobilized for Coronavirus Research
BP is joining forces with the US government, universities, and the world’s largest technology companies by providing access to its supercomputer to help researchers halt the spread of COVID-19. The company will donate its supercomputing capability to the public-private consortium formed in March 2020 by the White House’s Office of …
Read More »Rise of China and US to Challenge UK Offshore Wind Dominance
Offshore wind currently makes up 40% of projects in pre-construction in the analyst’s key project database (KPD).
Read More »Aramco Opens Modern Well Control Training Center
The resultant analyses and runs in audio. video. and data formats are said to assist calculated decision making.
Read More »More South Pars Platforms Nearing Completion
Construction of platforms C14. B13. D13 and A24 was so far 90% complete.
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