industry update
ConocoPhillips Alaska has announced that funding has been approved for developing
ConocoPhillips Alaska to develop Nuna project
the Nuna project from the 3T drillsite in the Kuparuk River Unit . Project construction activities will begin this year and continue in 2024 with pipeline and on-pad construction . Drilling is anticipated to begin in late 2024 with the first oil anticipated by early 2025 , with an expected peak oil rate of 20,000 BOPD . “ The additional drilling opportunities we ’ ve identified at Nuna are a positive development that should increase oil production at Kuparuk ,” said Erec Isaacson , President , ConocoPhillips Alaska . ConocoPhillips Alaska will continue to invest about EUR
Aquana announces new remote shutoff valve
908M a year to grow the Alaska legacy business with projects such as Nuna . The Nuna project will add 29 development wells , on-pad infrastructure , and pipelines that tie back to existing KRU processing facilities . Drillsite 3T will be the 49th drillsite developed within the KRU .
Aquana , LLC ., a subsidiary of Geospace Technologies ( GEOS ), has announced the release of the latest product in the Water IoT platform , a new remote shutoff valve known as the Actuator Valve Serial ( AVS ). The Aquana AVS valve is an IP68- rated remote disconnect ball valve designed to integrate with any existing Advanced Metering Infrastructure ( AMI ) platform . The AVS is compatible with AMI solutions from other vendors . This eliminates the need for a separate wireless connection to enable remote shutoff capabilities .
Aquana focused on shorter and easier installation time with the AVS product . The two-piece design allows for separate installation of the valve body and the actuator . While the NPSM Swivel Nut feature supports flexible installation orientation , the AVS offers up to five different valve positions including open , closed , and up to three reducedflow options that utilities can customise to their needs . AVS includes built-in tamper detection that provides alerts in case of potential intrusion .
GRN signs an agreement with Hyphen
The Cabinet of the Government of the Republic of Namibia ( GRN ) has approved entry into an agreement with Hyphen Hydrogen Energy ( Hyphen ) to govern the development , implementation and operation of sub-Saharan Africa ’ s only fully vertically integrated , green hydrogen project . The transformative impact of this project on Namibia and its economy is considerable . The total project capital investment of USD 10bn is roughly equivalent to the country ’ s annual GDP . At full-scale development , the project will produce 2 million tonnes of green ammonia annually . The pioneering Feasibility and Implementation Agreement ( FIA ) governs the process under which Namibia ’ s first green hydrogen project will be realised , as a first step in the implementation of GRN ’ s broader green hydrogen strategy .
62 Valve World August 2023 www . valve-world . net