Equinor Brings Shell Into $14 Billion Bay du Nord Project
Shell has agreed to acquire a 30% stake in Equinor’s Bay du Nord offshore oil project in Canada, bringing a new partner into the estimated C$14 billion development as it...
Statoil’s Valemon topside left the Samsung Heavy Industries yard in South Korea on June 15, 2014 atop the Dockwise Triumph for its delivery to the Norwegian continental shelf.
The journey to the Valemon field in the North Sea is expected to take about 45 days, at which point it will be lifted onto the 9,150 ton Heerema HFG-built jacket by the heavy lift vessel Saipem 7000.
Statoil says that the Valemon field is expected to begin production in late 2014 and contains 206 million barrels of oil equivalents.
The video below is a time lapse showing the topside being lifted onto the Dockwise Triumph at SHI on June 1.
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