Repsol cleared for removing Varg FPSO

Repsol has been given the green light to remove the Petrojarl Varg floating production unit and related subsea structures from the Varg field offshore Norway.

The Varg oil field is in the North Sea, about 220km south-west of Utsira in Rogaland county. The field was developed using the Varg A wellhead facility, subsea structures and the Petrojarl Varg.

According to a recent report by the EIA, poor economics led Repsol to shut down its small Varg field, which produced 5000 b/d in January, five years ahead of earlier plans. 

Repsol plans to end production from the field next month (June 2016). The Petrojarl Varg will leave the field in August 2016, while removal of the subsea structures will start later in Q3, according to Norway's Petroleum Safety Authority. 

The Varg A wellhead facility will remain in place while plugging and removal of the wells takes place.

Production had started at Varg in 1998. Repsol Norge (Repsol) is the operator, following its 2015 buy-out of Talisman, which had been the operator since 2005. Teekay has been responsible for running the two facilities on the field on behalf of the operator.

Read more

EIA: Early shutdowns adding up

Current News

AquaTerra to Provide Asset Integrity Services for BP and Ithaca Energy in North Sea

AquaTerra to Provide Asset Int

MENCK to Supply Pile-Driving Tool for UK Offshore Wind Farm Installation

MENCK to Supply Pile-Driving T

Chevron and ExxonMobil Portfolios Overlap Put Mega-Merger Back in Spotlight

Chevron and ExxonMobil Portfol

Carnarvon Wraps Major Seismic Project off Australia Ahead of 2026 Drilling Ops

Carnarvon Wraps Major Seismic

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine