Flotation Energy Plc and CNOOC Petroleum Europe Ltd have submitted an Offshore Scoping Report for a floating wind farm offshore Scotland with a capacity of up to 480 MW and scheduled to be operational by 2026.
CNOOC Ltd, a listed branch of China National Offshore Oil Corp (CNOOC), said on Monday it had started production at the second phase of its Buzzard project in Britain. The project is expected to reach peak production of about 12,000 barrels of oil equivalent per day in 2022, driving Buzzard’s total production to 80,000 barrels .
CNOOC Ltd , a listed branch of China National Offshore Oil Corp (CNOOC)(SASACY.UL), said on Monday it had started production at the second phase of its Buzzard project in Britain.
Features
Organic Oil Recovery improves productivity of existing reservoirs
A transitional technology producing excellent results in extracting hard-to-reach oil is attracting the attention of many large operators. Ancient, resident microbes are used to liberate large oil deposits in depleted reservoirs, thanks to science uncovered by studying the humble Australian koala. Roger Findlay, Organic Oil Recovery
It began in almost outlandish fashion, with a scientistâs fascination with the complex digestive system of an Australian marsupial, the koala. Today, it has evolved into a green technology that is helping major producers around the world potentially reach billions of dollars of oil that they feared they could never access or bring to the surface.