The award is for the design and procurement of equipment with construction technical assistance for a seawater treatment plant sized for 263 244 bpd.
The assets will provide Neptune with an estimated 30 million boe of 2P reserves.
Based on preliminary estimation, the recoverable resources of the Shrek discovery are in the range of between 19 and 38 million boe, as confirmed by the Norwegian Oil Directorate (NPD).
The next step in the campaign is an extensive Drill Stem Test (DST) programme.