Orsted Said to Start Selling Stake in Huge UK Wind Farm
Orsted A/S has launched the sale of a stake in one of the world’s biggest wind farms planned off the UK coast, according to people familiar with the matter.
You’d better take your seasick pills with you because that’s where Statoil is sending you to go shoot seismic…
It’s a $40 million contract however and Fugro’s C-Class seismic ships are certainly up to the task.
Far below the seafloor however, is a ridiculous amount of oil which is already being siphoned by the Terra Nova and SeaRose FPSOs as well as the world’s largest offshore platform, Hibernia.
Next to be developed is the Hebron, a gravity-based (aka non floating) production facility that will be operated by ExxonMobil Canada (36%) with JV partners, Chevron (26.7%), Statoil (9.7%), Petro-Canada (22.7%), and Nalcor (4.9%). This field was discovered in 1981 and is estimated to hold between 400-700 million barrels of recoverable resources.
The production facility, like Hibernia, will be capable of withstanding a strike by an iceberg, however due to it’s location in relatively shallow water, and anti-iceberg measures (think world’s largest lasso), icebergs are not a significant concern.
Here’s the location:
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