Norway’s oil fund now worth NOK 10 trillion

2019-10-25T13:42:35+00:00October 25th, 2019|Bureau News|

Norway’s sovereign wealth fund, popularly known as the oil fund, has grown to a record 10 trillion Norwegian crowns (NOK) or 1,091,750,000,000 U.S. dollars. To remind, the fund had hit a one trillion-dollar value mark in 2017. The world’s largest sovereign wealth fund formally known as The Government Pension Fund Global [...]

Expansion at Bureau brings Talent Management ‘Talent’

2019-10-22T15:32:36+00:00October 22nd, 2019|Bureau News|

Bureau, the leading provider of resourcing to the global energy sector is experiencing continued success and expansion with its global client base and has appointed an experienced Delivery Manager to bolster its team. Bureau has appointed Siobhan Sell, an experienced Talent Acquisition Manager with a demonstrated history in the Oil [...]

DNO gains permit for Norwegian Sea well

2019-10-09T14:50:25+00:00October 9th, 2019|Bureau News|

The Norwegian Petroleum Directorate (NPD) has granted DNO a drilling permit for a well located in the Norwegian Sea. The well 6507/7-16 S will be drilled from the Island Innovator drilling rig some three kilometres west of the Heidrun field and 250 kilometres north of Kristiansund. The drilling program for [...]

Funding boost for UK offshore supply chain

2019-10-07T16:55:50+00:00October 7th, 2019|Bureau News|

Offshore Wind Growth Partnership releases first money for projects that aim to improve the competitiveness of the sector.  The Offshore Wind Growth Partnership (OWGP) has released £400,000 in funding for projects that aim to improve the competitiveness of the existing UK supply chain and encourage the development of new products [...]

Equinor awards ‘first ever service contract for subsea drones in oil and gas’

2019-10-02T14:04:24+00:00October 2nd, 2019|Bureau News|

Norway’s Equinor has awarded Italy’s Saipem a subsea service contract which entails using a wireless underwater intervention drone and an ROV on the Njord field located offshore Norway. The contract will make Equinor the first user of technology expected to be completed in 2020, Equinor said on Wednesday. “This is [...]

Nigeria to lead refinery capacity growth in Africa by 2023

2019-09-29T21:12:29+00:00September 29th, 2019|Bureau News|

Africa accounts for 3.4 per cent of the total global active refining capacity in 2018, according to a recent report by GlobalData. Refining capacity in Africa increased from 3,423 mbd in 2013 to 3,544 mbd in 2018 at an average annual growth rate (AAGR) of 0.7 per cent. It is [...]

Google unveils 1.6-GW corporate renewables off-take deals

2019-09-20T15:12:47+00:00September 20th, 2019|Bureau News|

Internet giant Google LLC on Thursday announced plans to buy up to 1.6 GW of renewable power in what it says is the “biggest corporate purchase of renewable energy in history.” The buy-up will be carried out through 18 deals, including mostly solar power purchase agreements (PPAs) that will lift Google’s [...]

UK offshore wind load factors to ‘exceed 50%’

2019-09-17T13:50:36+00:00September 17th, 2019|Bureau News|

DNV GL carried out research into future expectations for the UK government's BEIS department.  Offshore wind load factors in the UK are expected to increase to over 50% by 2035 from 39% to 47% currently, according to new research by DNV GL. The report – 'Potential to improve load factor [...]

Siemens Gamesa builds giant blade test centre

2019-09-12T20:34:38+00:00September 12th, 2019|Bureau News|

The site in Aalborg in Denmark will be up and running before the year-end.  Siemens Gamesa has begun construction of the world’s largest wind turbine blade test stand in Denmark. The Aalborg site will be capable of performing full-scale tests on future generations of Siemens Gamesa rotor blades. The test [...]

UK offshore wind bird study flies

2019-09-12T12:16:13+00:00September 12th, 2019|Bureau News|

Six developers working with Joint Nature Conservation Committee on initiative to look at project impacts.  The Joint Nature Conservation Committee (JNCC) is working with six offshore wind developers on an initiative that aims to gain a better understanding of how offshore wind farms impact marine birds. The Offshore Wind Strategic [...]