Stay Connected

Norway approves two North Sea projects

Offshore staff

TRONDHEIM, Norway – Norway’s parliament has approved the development plans for the Ivar Aasen and Gina Krog projects in the Norwegian North Sea. Both will be developed with fixed platforms.

The Ivar Aasen field holds an estimated 150 MMboe, and could be in production for 20 years. Operator Det Norske Oljeseslkap estimates the overall investment cost at $4.22 billion. Ivar Aasen will be developed and operated from a new center in Trondheim. Partners are Statoil and Bayerngas Norge.

Gina Krog holds an estimated 225 MMboe, and will cost about $5.33 billion to develop. First oil is scheduled for 1Q 2017.

3/25/2013

Ivar Aasen platform
Ivar Aasen platform

Related Articles

DNV GL wins Maersk contract for field development contract

Nov 20, 2014

DNV GL has secured a multi-million-pound project from Maersk Oil North Sea UK for work on the Culzean field development. 

Harkand to install jumper in North Sea

Nov 20, 2014

Harkand will start work soon on a new dive support contract in the UK southern North Sea for an unnamed independent operator.

New initiatives target increase in UK exploration drilling

Nov 19, 2014

Oil & Gas UK has initiated two projects designed to stimulate UK offshore exploration.

Sevan conducting floater studies for North Sea, offshore Falklands

Nov 19, 2014

Sevan Marine says it is working on studies for cylindrical-shaped floating systems for five development projects.

Technip introduces Deep Explorer diving support vessel

Nov 19, 2014

Technip’s latest newbuild diving support vessel (DSV) will be known as the Deep Explorer. The vessel is scheduled to join the Technip fleet in 2016.

Trending News

Iran sanctions new wave of platform construction

Nov 26, 2014

New development projects are under way on two offshore Iranian fields in the Persian Gulf, according to news service Shana.

Gas reserves increase at Aphrodite offshore Cyprus

Nov 26, 2014

Delek Drilling says a review has raised estimated natural gas and condensate resources in the deepwater Aphrodite reservoir offshore Cyprus.

UK operators skeptical on ‘regime change,’ survey finds

Nov 26, 2014

Companies operating in the UK North Sea need to adapt to make the most of the sector’s potential, according to a new report from Deloitte.

Iran re-examines potential of Sepand gas field

Nov 26, 2014

Exploratory drilling has started at the Sepand gas field, 250 km (155 mi) from Kish Island in the Persian Gulf.

Topaz support vessel demand steady in Caspian, Middle East

Nov 26, 2014

Topaz Energy and Marine has added four new DP-2 platform supply vessels (PSVs) to its fleet this year: Topaz Seema, Topaz Xara, Topaz Faye, and Caspian Voyager

  Offshore
Digital Magazine
Look Inside
Cover
Current Issue

Oil & Gas Jobs

Search More Job Listings >>