Equinor powers North Sea Troll B and C platforms from shore
Norwegian oil and gas firm Equinor has completed a project to partly power its Troll B and C platforms in the North Sea from shore, significantly reducing emissions.
Norwegian oil and gas firm Equinor has completed a project to partly power its Troll B and C platforms in the North Sea from shore, significantly reducing emissions.
New proposals by the UK North Sea regulator on emissions and electrification are likely to impact future exploration and decommissioning plans across the basin, according to analysts.
Adapting North Sea platforms to run on green power is, to borrow a previously used analogy, the industry’s equivalent of open heart surgery.
In response to its broadening remit, the NSTA recently appointed Andy Brooks as its first director of new ventures.
The backers of the Green Volt floating wind farm off Peterhead have submitted a key marine application ahead of a licensing award, as they look to deliver the project by the middle of the decade.
A trio of leading energy firms are to explore powering integrated UK North Sea hubs using a mammoth offshore wind farm.
A senior energy transition figure at Shell (LON: SHEL) has shared his “dream” of an integrated network of electricity cables spanning the North Sea.
As many as 40 North Sea assets have been pinpointed as a good fit for electrification, an industry conference heard on Thursday.
The head of the UK’s offshore regulator said he would “name and shame” North Sea operators who are not making sufficient progress on emissions reduction.
A study by the Net Zero Technology Centre (NZTC) has found high capex costs remain a barrier to electrifying North Sea assets, but rising carbon taxes and net zero targets may yet spur development.
Equinor (OSLO:EQNR) and its Rosebank partners expect to spend around £80 million on modifications to the Knarr FPSO which will ready the vessel to run on low-carbon power.
A trio of emerging low carbon technologies could generate almost 30,000 new UK jobs by 2030, according to research by Robert Gordon University (RGU).
Tax repayments related to losses incurred by removing North Sea assets will not be touched by the energy profits levy.
Chinese state-owned oil firm Cnooc is cracking on with plans to electrify one of its key North Sea assets.
Electrification could cost-efficiently bust the vast majority of greenhouse gases arising from North Sea platforms.
The UK Government has come under pressure to ensure that platform electrification is included in the North Sea investment relief programme.
The Dutch Ministry of Economic Affairs and Climate has granted ONE-Dyas permission to develop the N05-A gas field in the North Sea, in a move that could unlock further small fields in the region.
Harbour Energy’s chief executive Linda Cook said carbon capture and storage (CCS) offers greater impact for reaching net zero goals, as the regulator announces plans for its first carbon storage licensing round.
North Sea firm Orcadian Energy has shared its electrification blueprint for axing operational oil and gas emissions by up to 80%.
Neptune Energy has secured new renewable electricity supplies for its operated assets in Germany, as it works towards its goal of going “beyond Net Zero” by 2030.
Offshore Energies UK (OEUK) will host key operators and the North Sea Transition Authority (NSTA) at an upcoming event examining how the North Sea can reduce emissions through the electrification of offshore platforms.
A North Sea oil firm has expressed concerns about the makeup of the Innovation and Targeted Oil and Gas (INTOG) offshore wind leasing process.
Analysis by consultancy Xodus Group suggests £3.5-5 billion in capital expenditure will be needed to realise the electrification projects required to lower offshore emissions under the UK’s North Sea Transition Deal (NSTD).
New proposals would see the two develop the Green Volt offshore wind farm – the world’s largest floating wind array – to provide power to the Buzzard field and the National Grid.
A trio of projects have won a share of a £1 million pound prize in order to advance platform electrification in the North Sea.