Energy

The battery storage solution was presented in Peterhead, Scotland on June 27, 2018, by Batwind partners Equinor and Masdar. Electricity produced at the world’s first floating offshore wind farm Hywind Scotland, located 25 kilometers off the coast of Peterhead, will be transported via cables to an onshore substation where the 1 MW batteries are placed and connected to the grid. The battery capacity is the equivalent of more than 128.000 iPhones.

Nearly two-thirds (64%) of oil and gas sector leaders expect to increase or sustain spending on gas projects in 2018, as the sector prepares for gas to overtake oil as the world’s primary energy source in the mid-2030s.

Aquaterra Energy, a leader in global offshore engineering solutions, has been selected by Equinor to deliver early well construction operations, via its Well Start solution, for the Johan Sverdrup field.

The Coral South field is being developed by Eni in Area Four of the Rovuma Basin, off the coast of Mozambique, the floating liquefied natural gas (FLNG) unit will be Africa’s first floating gas facility. The size, quality and position of the field’s resources are set to transform Mozambique’s economy; the Coral South field contains approximately 450 billion cubic meters (16 TCF) of gas.

Taiwan’s Ministry of Economic Affairs has announced the outcome of its first offshore wind auction. Ørsted was awarded 920MW capacity for its offshore wind sites in the Changhua region. Subject to Ørsted obtaining relevant permits and taking final investment decision, the projects are to be built in 2025. Ørsted’s winning bid price was TWD2,548 (approx. EUR72.3) per MWh.

Sustainable Marine Energy’s (SME) PLAT-I tidal energy platform hosting four SCHOTTEL HYDRO SIT 250 turbines has successfully completed the first phase of its testing programme at Connel, on the West coast of Scotland.

Australian-based tidal energy company MAKO Tidal Turbines Pty Ltd (MTT) and Gladstone Ports Corporation (GPC) are about to undertake a six-month tidal turbine demonstration at the Port of Gladstone.

UK subsea companies are set to be given an insight into supply chain opportunities for the European Offshore Wind Deployment Centre (EOWDC) ahead of the project going live later this summer.

The Carbon Trust has announced that Shell Global Solutions International BV has officially joined the Offshore Wind Accelerator (OWA), the Carbon Trust’s collaborative RD&D programme, further demonstrating its commitment to the energy transition.

WSP USA and Wood Thilsted have been awarded the contract to provide detailed design of foundations for Vineyard Wind’s offshore wind project, to be built off the coast of Massachusetts.

On Friday, June 15th, the United States Department of Energy (DOE) announced the award of a US$ 18.5 million grant to the New York State Energy Research and Development Authority (NYSERDA) to establish the National Offshore Wind Research and Development Consortium. The Consortium will advance the cost-effective and responsible development of offshore wind in the United States.

Equinor is awarding new service contracts to Baker Hughes Norge, Halliburton AS and Schlumberger Norge AS for integrated drilling and well services on most of the Equinor-operated fields on the Norwegian continental shelf. Initially awarded for four years, the contracts have a total estimated value of some NOK 30 billion.