Exxon Tries to Put the Worst Behind it With $20 Billion Writedown
By Jennifer Hiller HOUSTON, Nov 30 (Reuters) – Exxon Mobil Corp on Monday said it would write down the value of natural gas properties by $17 billion to $20 billion,...
The DolWin beta high voltage AC/DC power converter platform seen sailing out from Haugesund, Norway on August 1, 2015 on its way to the German sector of the North Sea, where it will house the converter station for a large wind farm cluster.
Once in position, the semi-submersible platform will be placed on the seabed and receive alternating current from wind farms, converting it into direct current before sending it onshore via subsea cables.
The link will have the capacity to transmit 916 megawatts (MW) of clean power into the German grid from three wind farms with a total of 240 turbines.
The platform is a collaboration between Aibel and ABB, with Aibel providing the design and ABB handling overall project responsibility over the project and supplying cables and the conversion equipment. The platform was constructed at Drydocks World yard in Dubai.
The platform arrived in Haugesund in August 2014 for outfitting of the topsides electrical processing equipment.
The DolWin beta also has a separate living quarters for 24 people, a helipad and two lifting cranes.
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