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Another oil discovery emerges from Norwegian waters

Norway’s state-owned energy giant Equinor has made a new oil discovery in the Norwegian Sea, using one of COSL Drilling Europe’s semi-submersible rigs. The post Another oil discovery emerges from Norwegian waters appeared first on Offshore Energy.

Gas-fired generation for data centres ‘could double by 2035’ | Technology Gas News

Gas-fired generation for data centres could expand by around 30 bcm by 2030 and in high-growth scenarios, nearly double by 2035, equal to 60 bcm of incremental supply, according to a new report from the International Gas Union. Renewables are expected to provide about half of the data centres’ electricity consumption by 2030. However, their inherent variability creates a mismatch with the flat, round-the-clock load profile of data centres which requires not only more generation but also significantly more dispatchable capacity. Gas is well positioned to provide the bulk of additional, flexible, dispatchable supply, while contributing to decarbonisation goals, the report states. Gas-fired power remains competitive for dispatchable electricity generation. At moderate fuel prices, industry estimates put new combined-cycle Gas turbines costs in the $50 to 80 MWh range, cheaper than coal in many regions… Read More »Gas-fired generation for data centres ‘could double by 2035’ | Technology Gas News

Saipem hires Rana Subsea for job in Middle East as NextGeo enriches fleet with new vessel

Italy-headquartered engineering, drilling, and construction services giant Saipem has booked Rana Subsea, a subsidiary of Next Geosolutions (NextGeo), for an assignment in the Middle East. NextGeo has now strengthened its fleet with a new vessel specifically designed for the execution of complex subsea operations. The post Saipem hires Rana Subsea for job in Middle East as NextGeo enriches fleet with new vessel appeared first on Offshore Energy.

North Sea drilling ops on Equinor’s agenda for this month

Norway’s state-owned energy giant Equinor has received a drilling permit from the Norwegian Offshore Directorate (NOD) for a wildcat well in the Norwegian sector of the North Sea. The post North Sea drilling ops on Equinor’s agenda for this month appeared first on Offshore Energy.

Brussels endorses €200 million German scheme for Canadian hydrogen imports to EU

The European Commission (EC) has cleared a €200 million German aid to boost Canadian-produced renewable hydrogen and its derivatives for the European market. This scheme will support the construction of up to 300 MW of electrolysis capacity. The post Brussels endorses €200 million German scheme for Canadian hydrogen imports to EU appeared first on Offshore Energy.

Barents Sea oil discovery’s potential strengthened by appraisal ops

Vår Energi, a Norwegian oil and gas operator, has finished drilling an appraisal well related to an oil discovery in the Barents Sea, confirming reservoir quality and adding recoverable volumes. The post Barents Sea oil discovery’s potential strengthened by appraisal ops appeared first on Offshore Energy.

Chevron signs off on Mediterranean field expansion for gas production uptick

Chevron Mediterranean Limited (CML), a subsidiary of the U.S.-headquartered Chevron, and its partners have given the green light for a planned expansion of gas export capacity from a giant natural gas field project off the coast of Israel. The post Chevron signs off on Mediterranean field expansion for gas production uptick appeared first on Offshore Energy.