OPT’s Wave-Powered Tech Nears 15MWh of Renewable Energy Production
, and North Sea.These deployments came from a mix of renewable energy investments from government backed development programs and commercial leases and sales, for customers including Eni, EGP, Office of Naval Research and the DeepStar consortium inclusive of Chevron, CNOOC, Equinor, ExxonMobil, JX Nippon, Occidental, PetroBras, Shell, and Woodside.According to OPT, it has demonstrated and delivered use cases as a proven solution for anti-submarine warfare, intelligence, surveillance, and reconnaissance, unmanned surface vehicle charging (USV), and environmental sensing."These numbers show
Shearwater to Monitor Production at Equinor’s Two Oil and Gas Fields
North Sea. The field is expected to produce oil for the next 30 years.The Mariner field is located on the East Shetland Platform in UK Block 9/11a in the northern North Sea approximately 150 kilometers east of the Shetland Islands.Equinor is the operator of Mariner with 65.11% equity. The partners are JX Nippon (20%), Siccar Point (8.89%) and ONE-Dyas (6%).Located about 175 kilometers off the coast of Mid-Norway in some 350 meters of water, the Heidrun field development concept includes the world’s largest floating concrete tension-leg platform.The first field on stream in the Norwegian Sea Heidrun
Shearwater to Survey Equinor’s Mariner Field
. “We have a long-established track record of executing 4D seismic surveys for Equinor and we look forward to return to the Mariner field to capture high-quality geophysical data for our client.”Norwegian energy company Equinor has a 65.1% stake in the Mariner oilfield, co-own with JX Nippon, holding 20%, Siccar Point, 8.9%, and ONE-Dyas with the remaining 6%.In January, Equinor cut resource estimates for the field, triggering an impairment charge of around $1.8 billion. Total recoverable reserves from the field is now estimated to be about 180 million barrels of oil equivalent, sharply
OPT PowerBuoy Tested at DeepStar's 'Zero Carbon Power for Electric Subsea Operations' Project
this month is $80,000. The project is expected to complete in March 2021.DeepStar is a joint industry technology development program focused on advancing technologies to meet its members' needs. Along with Total, members of the Texas-based consortium include Chevron, CNOOC, Equinor, ExxonMobil, JX Nippon, Occidental, Petrobras, Shell, and Woodside.
Statoil Completes Utgard Field Transaction(UK)
On 22 June 2016, Statoil and JX Nippon completed their previously announced transaction whereby Statoil has acquired JX Nippon’s 45% equity share in, and operatorship of, the UK licence for the Utgard field. Through this transaction Statoil now has a 100% interest in UK Continental Shelf licence P312 which, with Norwegian Continental Shelf licence PL046, comprises the Utgard field. Statoil previously acquired stakes in P312 from First Oil in October 2015 and Talisman Sinopec in December 2015. Statoil is the operator in PL046 with a 62% holding. A final investment decision for Utgard is
Maersk Drilling Acquires Newbuild Jackup from Hercules
to the agreement, Maersk Drilling assumes the right to take delivery of the rig and Maersk Drilling settles the final payment of approx. USD 190m with Jurong. After delivery, the rig will be mobilised to the North Sea to commence a five-year drilling contract with Maersk Oil and its partners, BP and JX Nippon, on the Culzean gas field offshore UK. The value of the five-year drilling contract is approx. USD 420m, including a mobilisation fee of USD 9m. “This agreement represents an opportunity for Maersk Drilling to acquire a newbuild harsh environment jack-up backed by a firm long-term contract
Ecopetrol, JX Nippon Team Up to Explore Brazil Offshore
Ecopetrol reports it has established an Alliance with Japan’s JX Nippon Oil & Gas Exploration through its affiliate in Brazil, Ecopetrol Óleo e Gás to explore the FZA-M-320 block, located in shallow waters of the Foz Amazonas basin on the equatorial margin of the Brazilian Amazon region. Ecopetrol has held the exclusive rights for this block since May 2013, which was awarded during the 11th Round carried out by the ANP, the National Petroleum Natural Gas and Biofuels Agency in Brazil. The commercial agreement announced today, yet to be approved by the ANP,
Statoil Contracts for Asco
, with a jack-up rig assisting for the initial years. In the period when both the PDQ and the jack-up are drilling Mariner wells, the field will require at least five sailings a week from the Peterhead supply base. Statoil is the operator of the Mariner field with 65.11% equity. Co-venturers are JX Nippon Exploration and Production (U.K.) Limited (28.89%) and Dyas Mariner Ltd. (6%). Facts: The Mariner Field is located on the East Shetland Platform of the UK North Sea, approximately 150 kilometres east of the Shetland Isles. The Mariner heavy oil field consists of two shallow reservoir sections
Statoil Awards Mariner Contract to Schlumberger
Breivik. The contract will commence in January 2015 and has a duration of four years, plus options for several additional four-year periods. The Mariner field, located approximately 150 kilometers east of the Shetland Isles, is currently under development by operator Statoil and its co-venturers JX Nippon and Dyas. Mariner is the largest field development on the UKCS in more than a decade, and will be in production for at least 30 years. Drilling is planned to start in 2016 with production start-up following in 2017. The main Mariner platform will have one drilling rig and one well intervention
February 2025
