Floating wind turbine technology is well placed to help oil and gas operators reduce the cost of recovery from reservoirs using water injection, according to an industry expert.
A new joint industry project - Win Win - being led by DNV GL, has brought together oil majors including ExxonMobil, ENI, Statoil, Nexen and VNG to share knowledge and pursue water injection in subsea reservoirs delivered by wind-power rather than traditional gas turbines.
The technology is seen as being cost-efficient, able to reduce an oil platform's carbon footprint and offers opportunities for one turbine to be used on multiple wells.
Mid-2012 and two leaks from their UK North Sea Osprey field 200km (120 miles) north-east of Shetland is something that senior management at Fairfield Energy want to put behind them.
Norway's Statoil has completed its first multi-lateral well offshore Brazil as part of its increased oil recovery (IOR) campaign in the Peregrino field located on Campos Basin block BM-C-7.
Oil and gas firm Valiant Petroleum has been given the green light by the Department of Energy and Climate Change to develop the UK North Sea Causeway field.
FMC Technologies has clinched a $75million (£55million) deal with Petrobras to engineer and manufacture four subsea manifolds and controls for its Roncador Module III project.