Skip to main content

Statoil’s plans to develop Njord and Bauge are approved

Published by
Oilfield Technology,


Statoil’s plans for the development and operation (PDO) of Njord and Bauge in the Norwegian Sea have now been approved by authorities.

The Njord A platform and the Njord Bravo floating storage and offloading vessel (FSO) will be upgraded to recover the remaining resources in the Njord and Hyme fields. Meanwhile, Bauge is a new field development, which is set to be tied in to the Njord A platform.

The remaining resources at the Njord and Hyme fields total 175 million boe. This corresponds to the reserves produced from the Njord field since first oil in in 1997. 73 million boe will be produced from Bauge.

The PDO for the Njord and Bauge fields were submitted to Norwegian authorities on 27 March this year. The original PDO for the Njord field was submitted more than 20 years ago. The field will now produce for another 20 years, and the partnership has decided to upgrade and reuse both the Njord A platform and the Njord Bravo FSO.

The Bauge field development concept includes one subsea template, two oil producers and one water inject.

“We are pleased that the authorities have now approved the plans for Njord and Bauge, two important fields on the Norwegian continental shelf. The investments, totalling NOK 20 billion, will trigger high activities and spin-offs for the Norwegian society and supply industry,” says Torger Rød, Statoil’s head of project development.

“Kværner at Stord has been awarded the contract for upgrading the platform and work facilitating the tie-in of Bauge and potential future third-party tie-ins,” Rød added.

Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/21062017/statoils-plans-to-develop-njord-and-bauge-are-approved/

 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

Offshore news Upstream drilling news