Gygrid tieback heads for Njord

Statoil plans to develop its Gygrid discovery in the Norwegian Sea as a tieback to the Njord A production platform, 20 km (12.4 mi) to the west.

Offshore staff

STAVANGER, Norway -- Statoil plans to develop its Gygrid discovery in the Norwegian Sea as a tieback to the Njord A production platform, 20 km (12.4 mi) to the west.

According to project manager Olav Lunde, work can now begin to modify the platform for receiving Gygrid’s oil and gas. Statoil already has ordered long-lead components for Gygrid’s subsea production system, which should allow it to fulfil the scheduled start-up in late 2012 or early 2013.

“Precisely because we’ve worked so fast on this project, we’ve managed to make a small discovery profitable and exploit spare capacity on an existing platform,” said Per Haaland, head of the group’s fasttrack portfolio.

The tieback will also allow Statoil to postpone abandonment of Njord, which would otherwise have had to shut down in 2015.

“This will represent a revitalization of the field, and will also help us to work on other measures to improve oil recovery,” Haaland said.

Gygrid, discovered in June 2009, was deemed a fasttrack project in February, with the first investments made six months later. A final decision on developing the field will be taken this winter.

“I hope we can make further discoveries in this area,” said Lunde, “and a decision to proceed with the development makes it even more attractive to explore there.”

10/14/2010

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