DONG Energy to develop Nini East field

Offshore Staff

LONDON -- DONG Energy has announced development plans for the Nini East field, which is part of the Nini license. The Danish Energy Authority approved the plan for development and operation in February.

The development calls for the construction and installation of unmanned satellite production platform. Produced oil will be sent from Nini East via Nini to the Siri platform for further treatment and shipping.

DONG has signed contracts with Acergy for the pipelines and with Bladt Industries for the platform. Nini East has estimated reserves of approximately 17 MMbbl of oil.

First production is expected by the end of 2009.

"With the Nini East development we expect to be able to keep producing from the field maybe even until 2020," says Søren Gath Hansen, DONG Energy's executive VP responsible for the exploration and production activities. "This means that we once again have added years to the lifespan of Siri, originally estimated to 2007."

05/30/2008