Production starts from Ærfugl phase 1 project in Norwegian Sea

first_imgThe Ærfugl field is estimated to contain around 300 million barrels of producible oil equivalents Skarv FPSO. (Credit: Aker BP) Aker BP and its partners Equinor, Wintershall Dea and PGNiG have announced the start of production from phase 1 of the Ærfugl field development in the Norwegian Sea.The Ærfugl project is being developed in two phases and is a major subsea project. The phases are tied into the existing production vessel (FPSO) on the Skarv field, which is at a distance of 210km to the west of Sandnessjøen.In April 2018, the Norwegian Ministry of Petroleum and Energy had approved the Plan for Development and Operation (PDO) for Ærfugl.The Ærfugl field, which is estimated to contain around 300 million barrels of producible oil  equivalents, will be developed with a total investment of about NOK8bn ($880m).Aker BP CEO, Karl Johnny Hersvik said: “I am very proud of the excellent performance shown by the Aker BP project team and our alliance partners to deliver this profitable project safely and efficiently on time and cost. This truly is One Team at its best.”“Aker BP’s goal is to produce oil and gas as efficiently as possible to return greater value from our oil and gas resources to investors and the society. The successful start-up of production from Ærfugl phase 1 demonstrates our ability to deliver on this strategy.”Ærfugl to add five years lifetime extension to Skarv FPSOThe Ærfugl field development is expected to add five years lifetime extension to the Skarv FPSO.The Phase 1 of the project develops the southern part of the Ærfugl field and consists of three new wells. The Phase 2 consists of additional three wells in the northern part of the field.In December last year, Aker BP awarded a contract to Aker Solutions to deliver the subsea production system for second phase the Ærfugl gas field development.Under the contract, Aker Solutions was also responsible for the delivery of the Vectus next-generation subsea control system.last_img read more

Harvard University Center for the Environment welcomes new fellows

first_imgHarvard University Center for the Environment welcomes its 2012 cohort of Environmental Fellows. These six new fellows join a group of remarkable scholars who are in their second year of the fellowship. Together, the Environmental Fellows at Harvard will form a community of researchers with diverse backgrounds united by intellectual curiosity, top-quality scholarship, and a drive to understand some of the most important environmental challenges facing society.HUCE created the Environmental Fellows program to enable recent doctorate recipients to use and expand Harvard’s extraordinary resources to tackle complex environmental problems. The Environmental Fellows work for two years with Harvard faculty members in any School or department to create new knowledge while also strengthening connections across the University’s academic disciplines.The current fellows represent a range of research interests, including: political science, environmental toxicology, economics, physics, and materials science. Learn more about the 2012 fellows. Read Full Storylast_img read more

Trinidad coach urges bravery against Mexico

Coming off a hard-fought 1-0 victory against Panama at the Haisley Crawford Stadium on Friday night, a buoyed Trinidad and Tobago soccer team are set to face group leaders Mexico in their CONCACAF World Cup qualifying round match on Tuesday.The match was won on the back of a strike from Minnesota United forward Kevin Mulino and head coach, Dennis Lawrence, is urging his team to keep the momentum and be brave against the group favorites when they meet at the same venue on their home turf.The Mexicans who boast a record of seven points from two wins, one draw and no losses, are in pole position, four more than Trinidad who have one win, no draws and two losses.The match is another must win for Trinidad and Tobago, who are sitting sixth in the six team table with a minus three goal difference.Only the top three teams are guaranteed automatic qualification to the 2018 gtournament in Russia. read more

Rogers City Memorial Day Parade

first_imgAddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to MoreAddThis Today in Rogers City, the community gathered for a tradition that takes place every year on Memorial Day.Many came together to take part in the city’s traditional Memorial Day Parade. Around ten o’clock this morning they met on Third street and traveled that route all the way down to their final destination, Memorial Park Cemetery.The cemetery was filled with flags, community members, loved ones, veterans, and servicemen- all to honor our fallen veterans.It was an emotional gathering but a great way for the community to pay their respects and simply say to our fallen veterans…thank you for your service. AddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to MoreAddThisContinue ReadingPrevious Memorial Day Parade Kicks Off Series of Events for AlpenaNext ORV Accidentlast_img read more

They should never be alone

first_imgAPTN National NewsWhitehorse has seen 29 sexual assault cases in six months. And that’s just the number that has been reported.Women’s groups in the community are becoming concerned about the high rate of assaults, and they’re asking the question: how many more cases are going unreported, because women are afraid to speak out?APTN National News reporter Shirley McLean has more.last_img

Batchewana FN disappointed Ontario appealing Robinson Huron win

first_imgWikwemikong Chief Duke Peltier, Wasauksing Chief Warren Tabobondung, Shawanaga Chief Wayne Pamajewon, Batchewana Chief Dean Sayersn on June 4, 2018, at the start of final arguments in the Robinson Huron Treaty Annuities court case. (APTN file.)APTN NewsAn Ontario First Nation is reeling after learning the Ford government is appealing the Robinson Huron annuities claim – including costs.The federal government has said it will not appeal the December 2018 decision.“The provincial government has a fiduciary obligation to honour our treaties and Ontario’s decision to appeal the ruling is unacceptable,” Batchewana Chief Dean Sayers said in a release.“For decades, our people have received the vastly inadequate annual amount that is nowhere near the value of our shared resources of this land.”An Ontario Superior Court judge sided with 21 First Nations late last year when she said annual $4 treaty payments should be raised.Justice Patricia Hennessy found the provincial and federal governments had been short-changing First Nations in Ontario for more than a century.But she did not set a new amount under the Robinson-Huron Treaty, which was signed in 1850.Now comes word Ontario has filed notice seeking leave to appeal the decision.Although Sayers believes the judge’s decision will hold and Ontario will come to the table and negotiate instead of litigate.“Batchewana is disappointed in the province’s decision, however, we are confident that Ontario and Canada will follow through on their inherited obligation through a mediated process,” he said in the release.The treaty payments are a share of natural resource revenues within the territory.There are about 30,000 beneficiaries in the 21 communities.last_img read more

Media French PM to announce delay to fuel tax hikes

first_imgPARIS — French media say Prime Minister Edouard Philippe will announce a suspension of fuel tax hikes in an effort to appease a protest movement that has radicalized.Both Le Monde newspaper and France Info radio say the planned increase, which has provoked riots, will be suspended for several months. Philippe is also expected to announce other measures aimed at easing tensions.The prime minister is expected to announce the move later Tuesday.The Associated Presslast_img

China upbeat ahead of US trade talks but differences large

first_imgBEIJING — China has sounded a positive note ahead of trade talks with Washington, but economists warn they face lengthy wrangling over technology and the future of their economic relationship.Both sides have expressed interest in settling their tariff battle over Beijing’s technology ambitions. Yet neither has indicated its stance has changed despite a Dec. 1 agreement by Presidents Donald Trump and Xi Jinping to postpone further increases.A Chinese foreign ministry spokesman, Lu Kang, said American and Chinese envoys will have “positive and constructive discussions” during meetings Monday and Tuesday.Trump imposed tariff hikes of up to 25 per cent on $250 billion of Chinese imports over complaints Beijing steals or pressures companies to hand over technology. Beijing responded with penalties on $110 billion of American goods.The Associated Presslast_img read more

Alaska Highway open between Coal River and Yukon Border

first_imgThe Lutz Creek #BCwildfire is ~4,000 ha and ~5 km south of Lower Post which is 200 km northeast of Dease Lake and 20 km southeast of Watson Lake, Yukon. Structure protection is set up and operating in that community. Firefighters, heavy equipment and air tankers are responding. https://t.co/VUTqh2FmKt— BC Wildfire Service (@BCGovFireInfo) August 22, 2018 FORT NELSON, B.C. – The Alaska Highway is open again between Coal River and the Yukon Border.The Highway was closed Tuesday after a forest fire near Lower Post caused officials to close the highway. Highway 97 is open to single lane alternating traffic and is pilot car controlled.Lower Post remains under an evacuation order due to the Lutz Creek Fire.  The fire is now 5,000 hectares and 33 firefighters are working to fight the fire.last_img read more

Govt wont take profit share on oil gas output in less explored

first_imgNew Delhi: In a major overhaul of oil and gas exploration permits, the government will not charge any share of profit on hydrocarbons produced from less explored areas as it looks to attract the elusive private and foreign investment to raise domestic output. Breaking from the two-and-a-half decade-old practice of having a uniform contractual regime for all sedimentary basins in the country, the new policy provides for different rules for areas that already have producing fields and ones where commercial production of oil and gas is yet to be established. Also Read – Maruti cuts production for 8th straight month in SepIrrespective of the basins, producers will get complete marketing and pricing freedom for oil and gas in future bid rounds, said an official notification detailing rule changes approved by the Union Cabinet on February 28. Oil and gas acreage or blocks in all future bid rounds will be awarded primarily on the basis of exploration work commitment, it said. While companies will have to pay a share of revenue from oil and gas produced in Category-I sedimentary basins such as Krishna Godavari, Mumbai Offshore, Rajasthan or Assam where commercial production has already been established, they will be charged only prevalent royalty rates on oil and natural gas in the less explored Category-II and III basins. Also Read – Ensure strict implementation on ban of import of e-cigarettes: revenue to Customs”To expedite production, concessional royalty rates will be applicable if production is commenced within four years for onland and shallow water blocks, and five years for deep water and Ultra-deepwater blocks from the effective date of the contract,” it said. India began bidding out oil and gas exploration acreage in 1999 under New Exploration Licensing Policy (NELP) that awarded blocks to companies offering maximum work commitment. But companies were obliged to share with the government profits made after recovery of cost. Two years back, the BJP-government brought in Hydrocarbon Exploration and Licensing Policy (HELP) that provided for blocks being awarded to companies offering maximum revenue at different levels of prices and production. HELP failed to either raise output or attract new players. The notification said the new policy was being formulated “to increase exploration activities, attract domestic and foreign investment in unexplored/unallocated areas of sedimentary basins, and enhance domestic production of oil and gas”. While blocks in Category-1 basins would be awarded on basis bided exploration work and revenue share in the ratio of 70:30, those “in Category-II and Category III Basins will be awarded on the basis of international competitive bids based exclusively on the exploration work programme.” “The contractor will have full marketing and pricing freedom to sell on arm’s length basis. Discovery of prices will be on the basis of transparent and competitive bidding. No exports will be allowed. There will be no allocation by Government,” the notification said. The Contractor will have liberal freedom to transfer/exit the block provided work programme has been adhered to. However, a suitable penalty mechanism will be devised for non-completion of the work programme. The notification said that in case of the existing contracts, marketing and pricing freedom to sell on arm’s length basis through competitive bidding will be permitted to those new gas discoveries whose Field Development Plan (FDP) will be approved for the first time after the date of issuance of the new policy. In case of nomination fields given to national oil companies, marketing and pricing freedom will be provided subject to the condition that FDP for new gas discoveries is approved by DGH. “To incentivise additional gas production from Administered Price Mechanism (APM) fields, reduction in royalty by 10 per cent of the applicable royalty will be granted on the additional production over and above Business As Usual (BAU) scenario. BAU scenario will be approved by DGH on third-party evaluation,” it said. Existing contracts already having marketing and pricing freedom would continue on the existing terms.last_img read more