Norway sanctions Dvalin
Norway’s Ministry of Petroleum and Energy has approved the plan for development and operation for the DEA-operated Dvalin development.
Dvalin will be developed with a four-well subsea template connected to the Statoil-operated Heidrun platform in the Norwegian Sea. There the gas will be part-processed in a new module before being transported in a new export pipeline tying into the Polarled trunkline system, and from there to the Nyhamna gas terminal for further processing and transport to the European market.
Development costs are projected at NOK10 billion ($1.2 billion). Production is scheduled for 2020.
The Dvalin field is located in PL435, blocks 6507/7/9 and 6507/8 in the Norwegian Sea, about 15 km (9.3 mi) northwest of Heidrun and 290 km (180 mi) from Nyhamna in mid-Norway. Recoverable resources are 18.2 bcm of natural gas.
DEA Norge is operator of license PL435 with a 55% share. Partners are Petoro (35%) and Edison (10%).
Production of the new modules to be placed at the Heidrun platform and the subsea production systems is expected to start later this year.