HyWind Scotland takes the crown for highest UK wind farm load factor

 For its third consecutive year, Hywind Scotland – the world’s first floating offshore wind farm – reaches the highest average capacity factor for any wind farm in the UK.With an average capacity factor of 57.1% in the twelve month period to March 2020, the floating offshore wind farm set a new record in the UK.During its first two years of operation, the wind farm achieved an average capacity factor of 54%. That compares to an offshore wind...

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Tullow: Dry well offshore Suriname

 Tullow had announced that the Goliathberg-Voltzberg North exploration well, on Block 47 (TLW 50%), offshore Suriname was drilled to a ~5,000m TD and encountered good quality reservoir but only minor oil shows.The well will now be plugged and abandoned. Tullow operated the well and was partnered with Petroandina Resources and Ratio Suriname Limited.This does not have a direct read across to Tullow's Guyana acreage but is clearly not helpful...

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Equinor: all three UK low-carbon projects receive government funding to mature concepts

All three of Equinor’s projects to deliver deep cuts in emissions from industries and support clean growth on the UK’s east coast have received public funding from UK authorities. With a combination of private and public funding, Equinor and its partners will now progress these projects in order to create the world’s first net zero industrial cluster by 2040.On 17 March 2021 the UK Government announced the funding awards under the UK’s Industrial...

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