Two Missing in Chevron Rig Fire off Nigeria's Coast
Two remain missing after one of Chevron's offshore rigs exploring oil and gas fields off the coast of Nigeria caught fire Monday. Thus far, 152 workers have been found and the company is still investigating the remaining persons and ultimate cause of the fire.
It's suspected that the fire was caused from a major build up of gas pressure from drilling, leading to a “gas kick.” Nnimmo Bassey, who runs an environmental watchdog group in the country, told the Guardian, “Workers were trying to contain the gas pressure and they didn't succeed.”
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Chevron spokesman Scott Walker said the company is "still investigating the incident and ... working to fully understand what happened." There was some "sheen around the well that is being investigated."
The fire is still blazing, but Chevron says there has been no oil spillage from the incident.
Nigeria is Africa's largest oil producer and the fifth-largest crude oil exporter to the U.S. However, over 50 years of oil production in the region has caused some incredible environmental damage throughout the delta's creeks and offshore waters.
In December, news of a second oil spill in the last two months on behalf of Shell Petroleum has brought more attention to the foreign oil companies operating in Nigeria. The cumulation of these events should encourage the local government to increase monitoring of activities of oil companies in the region to prevent future incidences.
Hydrostor receives $4m funding for A-CAES facility in Canada
Hydrostor has received $4m funding to develop a 300-500MW Advanced Compressed Air Energy Storage (A-CAES) facility in Canada.
The funding will be used to complete essential engineering and planning, and enable Hydrostor to plan construction.
The project will be modeled on Hydrostor’s commercially operating Goderich storage facility, providing up to 12 hours of energy storage.
Hydrostor’s A-CAES system supports Canada’s green economic transition by designing, building, and operating emissions-free energy storage facilities, and employing people, suppliers, and technologies from the oil and gas sector.
The Honorable Seamus O’Regan, Jr. Minister of Natural Resources, said: “Investing in clean technology will lower emissions and increase our competitiveness. This is how we get to net zero by 2050.”
A-CAES has the potential to lower greenhouse gas emissions by enabling the transition to a cleaner and more flexible electricity grid. Specifically, the low-impact and cost-effective technology will reduce the use of fossil fuels and will provide reliable and bankable energy storage solutions for utilities and regulators, while integrating renewable energy for sustainable growth.
Curtis VanWalleghem, Hydrostor’s Chief Executive Officer, said: “We are grateful for the federal government’s support of our long duration energy storage solution that is critical to enabling the clean energy transition. This made-in-Canada solution, with the support of NRCan and Sustainable Development Technology Canada, is ready to be widely deployed within Canada and globally to lower electricity rates and decarbonize the electricity sector."
The Rosamond A-CAES 500MW Project is under advanced development and targeting a 2024 launch. It is designed to turn California’s growing solar and wind resources into on-demand peak capacity while allowing for closure of fossil fuel generating stations.
Hydrostor closed US$37 million (C$49 million) in growth financing in September 2019.