Video: Hywind could become “profitable leg” for Statoil


Statoil's UK managing director said the Hywind project could become a "profitable leg" for the company as it looks to expand its renewables arm. The company announced it had taken a final investment decision on plans to build the world's largest offshore windfarm just a day after winning approval from the Scottish Government. Tove Stuhr Sjoblom sat down with Energy Voice to discuss the next steps for the first of a kind project.

Oil & Gas

Scottish Government approves Statoil’s Hywind project


Plans to build the world’s largest offshore windfarm off the north-east coast have been approved. Norwegian energy giant Statoil will erect five 600ft turbines tethered to the bed of the North Sea, 15 miles from Peterhead. The Scottish Government has today granted the firm a marine licence, allowing construction work on the huge structures to begin.

Training & Technology

Wind power project aims to help oil companies cut emissions and costs


Floating wind turbine technology is well placed to help oil and gas operators reduce the cost of recovery from reservoirs using water injection, according to an industry expert. A new joint industry project - Win Win - being led by DNV GL, has brought together oil majors including ExxonMobil, ENI, Statoil, Nexen and VNG to share knowledge and pursue water injection in subsea reservoirs delivered by wind-power rather than traditional gas turbines. The technology is seen as being cost-efficient, able to reduce an oil platform's carbon footprint and offers opportunities for one turbine to be used on multiple wells.