Then came the oil price collapse in 1985, and the following years were characterized by falling oil prices and drastic budget cuts for exploration and development.ДЄlthough exploration dropped sharply during the latter part of the decade, there was a steady flow of giant oil and gas field discoveries.

Global petroleum exploration soon surged, leading to the industry's all-time drilling high in 1981.

The world's energy consciousness was boosted sharply by the effects of the 1979 Iranian revolution and the resulting embargo, which sent world oil prices to record heights. For the international petroleum industry, the years covered by this conference, 1978-88, were complex. Scientific studies and projections of future world energy demand indicate that although alternative-energy fuel sources must be actively pursued and developed, there also must be adequate petroleum supplies to bridge the gap. The Stavanger Conference 'Giant Oil and Gas Fields of the Decade: 1978-1988' was held in Stavanger, Norway, September 9-12, 1990, and is a continuation of the Giants of the Decade series. The 1968-78 symposium was held in Houston, Texas, April 1-4, 1979, and the papers were published in AAPG Memoir 30, December 1980. Read the latest issue of the OGV Energy magazine HERE.The success of Memoir 14 and the worldwide interest shown for data on giant fields prompted AAPG to schedule a symposium on giant fields at the end of each subsequent decade. OKEA took over operation of Draugen in 2018. The platform is in a water depth of 250 m. A fixed platform was constructed in 250m of water and oil production from the Upper Jurassic Rogn. A plan for development and operation was approved in 1988, and production started in 1993. The Draugen field was discovered in 1984 in the Norwegian Sea. The Draugen oil field was discovered in 1984 by Shell. In August 2021, Odfjell Oceanwind was awarded a pre-project grant from Enova, NorwayвЂ™s fund for climate and energy technology, to mature its first commercial contracts for MOWUs and its вЂWindGridвЂ™ concept to electrify oil and gas installations. вЂњThe Draugen windfarm project also fits well with Odfjell OceanwindвЂ™s long-term strategy to become a leading global floating wind O&M and technology provider.вЂќ The field has been developed with a concrete fixed facility and integrated topside. Odfjell Oceanwind chief executive Per Lund said, вЂњWe look forward to further exploring this exciting opportunity in close collaboration with OKEA and TrГёnderEnergi. SwedenвЂ™s Draugen Oil Platform: Draugen is an oil field in the Norwegian Sea at a sea depth of 250 meters. The study will include early stage technical, economic and regulatory evaluation, as well as the potential impact on the environment and climate. Odfjell Oceanwind believes they are well-suited to providing power to oil and gas installations that require power for a limited period. MOWUs are floating wind turbines that can move from location to location as and when there is a need for renewable power. The windfarm could also serve as a flexible storage location for Odfjell OceanwindвЂ™s Mobile Offshore Wind Units (MOWUs), producing renewable energy in between contract periods for off-grid applications.

The intention is to use renewable electricity from the floating windfarm to provide power to the Draugen platform and utilize its infrastructure, including a cable from shore to the platform which is also being planned. An integrated production, drilling and quarters installation, the Draugen platform is supported on a concrete GBS built by Norwegian Contractors. Odfjell Oceanwind has entered into a memorandum of understanding with Norwegian exploration and production company OKEA and utility TrГёnderEnergi to evaluate the use of a floating windfarm connected to the Draugen platform.

Draugen oil platform evaluated as first-use of Norwegian floating power plant

Draugen oil field platform