Statoil has confirmed that the recent Aldous and Avaldsnes oil discoveries in the North Sea are connected and may represent an oil structure of between 500 million and 1.2 billion barrels of recoverable oil equivalent. If the upper part of the interval strikes pay dirt, the discovery will be one of the ten largest oil … Read more
The Fault Analysis Group, a leading research group within the UCD School of Geological Sciences, has been presented with the NovaUCD 2010 Innovation Award. The award was presented to the group in recognition of its successes in the establishment of strategic and collaborative research links with global industry partners and in acknowledgement of its successful … Read more
Norwegian oil and energy group Statoil has held discussions with Scotland’s First Minister, Alex Salmond, about the possibility of developing the world’s first floating windfarm off the Scottish coast. Two potential sites, one off the coast of Lewis and the other off Aberdeenshire, have been identified as suitable for a pilot park for Statoil’s Hywind … Read more
Energy giant E.ON, which operates wind farms in Northern Ireland and Britain, has become the latest investor to back the Carbon Trust’s Offshore Wind Accelerator (OWA), a pioneering industry initiative to slash the costs of offshore wind power. EON is teaming up with five founding members that include offshore wind developers: DONG Energy; RWE Innogy; … Read more
GE Energy plans to install up to five offshore demonstration wind turbines through two separate partnerships within the Norwegian and Swedish offshore wind industries. Both initiatives will feature the largest wind turbine in GE’s fleet, a 4.0-megawatt machine that includes a 110 meter rotor. GE’s 4.0-110 incorporates advanced drive train and control technologies and GE’s … Read more