As reported by Reuters, ConocoPhillips has presented plans for the development of Norway's Tommeliten A gas and condensate discovery, with total investments expected to amount to 12.5 billion crowns (US$1.46 billion).
Located in the southern sector of Norway's North Sea, Tommeliten A is estimated to hold reserves corresponding to 125 million boe.
ConocoPhillips, the operator of the discovery, and its partners plan to produce the reserves with an installation on the seabed connected to existing infrastructure at Conoco's Ekofisk field, some 25 km (16 miles) away.
The company expects Tommeliten A to start production in 2024, with gas transported via Norpipe to Emden, Germany, and oil liquids piped to Teeside in Britain.
ConocoPhillips holds a 28.3% stake in the licence where the discovery is located, while PGNiG has 42.4%, TotalEnergies 20.2% and Eni's Vaar Energi 9.1%.
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/08112021/conocophillips-planning-development-of-tommeliten-a-gas-and-condensate-discovery/
Petrofac has officially taken over operatorship of the Northern Endeavour FPSO facility on behalf of the Australian Government. This major milestone is a huge step in the landmark decommissioning contract which heralds the start of an era of decommissioning in the nation’s offshore oil and gas sector.
