Energy

Offshore wind farms are getting bigger, and are increasingly being located further offshore in deeper waters, creating new challenges for their design, maintenance and operation. Key to their successful operation is the offshore substation, the gateway for the transport of energy to the mainland via undersea cables.

Eni has made a lean gas discovery in Block 6 Offshore Cyprus with Calypso 1 NFW. The well, which was drilled in 2,074 meters of water depth reaching a final total depth of 3,827 meters, encountered an extended gas column in rocks of Miocene and Cretaceous age. The Cretaceous sequence has excellent reservoir characteristics.

ELA Container Offshore GmbH, in cooperation with its US subsidiary and the German American Chamber of Commerce of the Southern U.S., Inc (GACC) have initiated a one-day conference to share ideas about the “Energiewende”. This conference about “Wind Energy – How to power the future” will be held on February 27, 2018 at the Texas A&M in Galveston, TX.

The Finnish wave energy technology provider Wello has signed an important contract with the Chinese conglomerate CIMC OEI. This contract paves Wello’s way to the vast Chinese energy market and enables Wello to reach a most competitive position in renewable energy technology markets worldwide.

Statoil and partners further increase the value of the Johan Sverdrup field as a result of continued high quality in project execution, good drilling efficiency and further maturation of the resource base.

Aker Solutions invested in floating wind power technology company Principle Power Inc., forming an alliance that brings its offshore oil and gas field engineering expertise into a fast-growing renewable energy market.

Some 7,000 miles separates Ireland and Hawaii but, as island peoples, both have always looked to their respective oceans for resources, inspiration and opportunity. Irish company Ocean Energy announced its pioneering wave energy convertor “OE Buoy” will be built by Oregon‐ based Vigor and deployed at the US Navy’s Wave Energy Test Site on the windward coast of the Hawaiian Island of O’ahu in the fall of 2018.

BP has announced two new exploration discoveries in the North Sea. The discoveries are Capercaillie, in Block 29/4e in the Central North Sea, and Achmelvich, in Block 206/9b west of Shetland. BP is 100% owner of Capercaillie and the Achmelvich well partnership comprises BP (operator, 52.6%), Shell (28%) and Chevron (19.4%).

The Innovative Life of Howard Shatto, The Father of Dynamic Positioning

Shell Offshore Inc. (“Shell”) announces one of its largest U.S. Gulf of Mexico exploration finds in the past decade from the Whale deep-water well. The well encountered more than 1,400 net feet (427 meters) of oil bearing pay. Evaluation of the discovery is ongoing, and appraisal drilling is underway to further delineate the discovery and define development options.

Chevron Corporation (NYSE:CVX) announces a significant oil discovery at the Ballymore prospect in the deepwater U.S. Gulf of Mexico.

The EU-funded FORESEA programme has approved funding for six developers of offshore renewable energy technologies to deploy technologies at the SmartBay Marine and Renewable Energy Test Site.