Neptune Energy to Present Plan for Norway Fields

February 20, 2019

Operator Neptune Energy will on Thursday present investment plans for two Norwegian oil and gas fields, the country's energy ministry said in a statement on Wednesday.

The plan for Duva (previously known as Cara) and Gjoea P1 amount to almost 10 billion crowns ($1.16 billion), with an aim of producing a combined 120 million barrels of oil equivalents.

The discoveries will be tied in to the already existing Gjoea platform, the ministry said.

Reporting by Terje Solsvik



Current News

Shearwater Bags Turkey Seismic Contract

Shearwater Bags Turkey Seismic Contract

Granada Bags Engie Fabricom Deal

Granada Bags Engie Fabricom Deal

Oilfield Services Have to Wait till 2025 For Recovery

Oilfield Services Have to Wait till 2025 For Recovery

Equinor Extends Island Offshore Contract

Equinor Extends Island Offshore Contract

Neptune Contracts CIMC Raffles, Odfjell Drilling

Neptune Contracts CIMC Raffles, Odfjell Drilling

Spirit Achieves First Oil at Oda Field

Spirit Achieves First Oil at Oda Field

Brazil Likely to Pay Petrobras $10 Bln

Brazil Likely to Pay Petrobras $10 Bln

Subscribe for OE Digital E‑News

OE Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week