Balder Field
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The field, which holds the first production license on the Norwegian Continental Shelf, sent oil to the Jotun FPSO on 23 June. -
The production unit for the Balder field in the North Sea is expected to go on-stream in the second quarter of 2025 following the staged tow-out of the FPSO.
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Find could hold as much as 130 million BOE.
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Vår Energi cited increased work scope, continued impact of global supply chain challenges for spike in the estimated cost of the Norwegian Continental Shelf project.
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Vår Energi is looking to extract another 136 million BOE from the Balder Field. Production is anticipated in 2H 2022.
