Neptune to Present Plan for Duva, Gjøa P1

Published

Gjøa is a semi-submersible platform in the Northern North Sea (Photo: Jan Inge Haga / Neptune Energy)
Gjøa is a semi-submersible platform in the Northern North Sea (Photo: Jan Inge Haga / Neptune Energy)

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 Gjøa platform, the ministry said.


($1 = 8.5910 Norwegian crowns)

(Reporting by Terje Solsvik, editing by Gwladys Fouche)

Current News

Oxy Makes Oil Discovery at Bandit Prospect in Gulf of America

Oxy Makes Oil Discovery at Ban

Northern Lights Adds Third CO2 Carrier to Expand CCS Network

Northern Lights Adds Third CO2

European Consortium Targets Marine Noise from Offshore Wind Projects

European Consortium Targets Ma

RWE Installs First Recyclable-Blade Turbine at Danish Offshore Wind Farm

RWE Installs First Recyclable-

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine