ConocoPhillips’ Tor 2 development plan secures Norway approval

first_img Image: The Tor field will be redeveloped with an investment of $662,5m. Photo: courtesy of QR9iudjz0/Freeimages. ConocoPhillips has secured approval from Norway’s Ministry of Petroleum and Energy for the Tor 2 project in the Norwegian North Sea.Located in the Ekofisk area, in the southern part of the Norwegian North Sea, 13km northeast of the Ekofisk field, the Tor 2 project is a redevelopment of the Tor field.Discovered in 1970, the Tor field was brought into production in 1978 and was shut down in 2015 after the installation reached the end of its lifetime.The first production from the re-developed Tor field is targeted to be achieved towards the end of 2020.Redevelopment plan for the Tor fieldThe two-by-four slot Subsea Production System (SPS) of the Tor II project will be connected to the Ekofisk Complex using multiphase production and lift gas pipelines to existing risers located at the Ekofisk 2/4 M wellhead platform.According to ConocoPhillips, controls and utilities will be enabled via a service umbilical from the same existing platform. The new greenfield facilities will be built nearly a kilometer west of the original Tor platform and will have no connection to the shut-in facilities.The company plans to drill seven production wells in the Tor formation along with a pilot well to evaluate the long-term productivity in the Ekofisk formation.Additionally, ConocoPhillips said that a pilot well is designed to test long-term productivity in the Ekofisk formation.The resource potential for the Tor II project is in the range of 60-70 million barrels of oil equivalent.ConocoPhillips is the operator of the Tor Unit with a stake of 30.66% and is partnered by Total (48.20%), Vår Energi (10.82%), Equinor Energy (6.64%) and Petoro (3.69%).ConocoPhillips Norway & North Africa president Trond-Erik Johansen earlier said: “Having produced the Tor field for 37 years, we are proud to continue to extend development enabling a production lifetime beyond 60 years.“Tor II is a robust project utilizing available Greater Ekofisk Area capacity for processing and transportation.” First production from the re-developed Tor field is targeted to be achieved towards the end of 2020last_img read more

Read more

Siemens to supply 1MW hydrogen production system in China

first_imgThe hydrogen production project is the result of a partnership between Siemens and State Power Investment Corporation (SPIC) Siemens expects to deliver the hydrogen production solution in May 2021. (Credit: Michal Jarmoluk from Pixabay) Siemens Energy has secured an order to supply hydrogen production system for a hydrogen fuelling station in Yanqing District, Beijing.China Power International Development’s (China Power) subsidiary, Beijing Green Hydrogen Technology Development has placed the order for a 1MW green hydrogen production solution for a major sporting event that will be held in Beijing, China, in 2022.The system from Siemens Energy will help guarantee the hydrogen supply for the public transportation during and after the sporting event.It is said to be the first megawatt hydrogen production solution being developed by Siemens Energy in China.Siemens to deliver the hydrogen production solution in May 2021The hydrogen production project is the result of a partnership between Siemens and State Power Investment Corporation (SPIC).In September last year, the two companies signed a memorandum of understanding (MoU) on cooperation in green hydrogen development and comprehensive utilisation.Siemens expects to deliver the hydrogen production solution in May 2021.Siemens Energy CEO Christian Bruch said: “The decarbonization of the energy systems is a challenge that every country must face.“Siemens Energy is the company that can provide its customers with significant support in this process – no matter if they are states or companies.“Promoting the application and development of renewable hydrogen is of great significance for China to build a modern and cleaner energy system.“Together with our partner SPIC, we are making an important contribution to tackling climate change and reducing carbon emissions.”In October last year, Siemens signed an agreement with Hydrogen Renewables Australia to become the technology partner for a green hydrogen plant.The plant will combine wind, solar and green hydrogen, with a generation capacity of 5,000MW, in Western Australia.last_img read more

Read more