Equinor
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The Norwegian Sea field is expected to come on stream in late 2025. -
After suffering a 2-year delay and unexpectedly large cost overruns, the Norwegian oil and gas field is expected to produce for 20 more years.
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Equinor has submitted a plan for development and operations with Norwegian authorities that would add gas compression and electrification to the Hammerfest LNG plant.
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Aker BP submitted the NOAKA development plan along with 10 other investments on the Norwegian shelf that collectively represent one of the largest private industrial developments in Europe.
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Operator also moves forward with electrification of the Njord field.
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Geosteering is supposed to ensure the wellbore stays in the most-productive zone, but a recent study suggests it often misses the mark.
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The find is part of the Angola Block 15 redevelopment project expected to deliver around 40,000 B/D of additional production.
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An Equinor-led partnership to test prospect northeast of Visund.
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The power from the first turbine to come online will be used to help run the Gullfaks A platform in the North Sea. Seven of the 11 turbines in the field are expected to begin producing power within a year.
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The Norwegian operator cites inflation and uncertainty surrounding supplier markets as factors in the decision.
