Offshore Magazine

StatoilHydro gets Morvin approval

Social Tools

Share

Offshore staff

STAVANGER, Norway – StatoilHydro has received official approval of its Plan for Development and Operation of Morvin field in the Norwegian Sea.

The NOK 8.7 billion ($1.69 billion) PDO field is 15 km (9 mi) northwest of Asgard. First oil is scheduled for summer of 2010, reaching a maximum of 27,000 boe/d.

StatoilHydro has awarded Aker Solutions the subsea production system contract. Subsea templates and tubing are scheduled for installation this summer.

Operator StatoilHydro has 64% of the license, with Eni holding 30% and Total 6%.

04/25/2008

Most Recent Content

Venari Resources receives $1-billion investment from private equity firms

Venari Resources LLC has announced that Warburg Pincus, Kelso & Co., Temasek, and The Jordan Co. have agreed to make an investment of up to $1.125 billion in the company.

Sterling prepares Romanian offshore drilling line-up

Sterling Resources expects to drill its first exploratory wells later this year in the Black Sea offshore Romania.

Partners agree timing for Norway well

Rocksource and the PL 506S, BS, and CS partnership in the Norwegian North Sea have committed to drill an exploration well during the first half of 2013.

Technical issues halt North Sea Timon drilling

Awilco Drilling has suspended drilling operations on the Timon exploration well in the UK northern North Sea.

Plant modifications slow progress on UK Breagh gas project

RWE Dea’s Breagh gas development in the UK southern North Sea will likely incur cost and schedule overruns, according to partner Sterling Resources.

Offshore Magazine