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

Floatel Triumph Lined Up for Brazil MSU Work

Floatel Triumph Lined Up for B

PTTEP, Petronas Ink 35-Year Malaysia-Thailand Gas Deals

PTTEP, Petronas Ink 35-Year Ma

PMS Completes Subsea Pipeline Installation at Egypt’s Kamose Gas Field

PMS Completes Subsea Pipeline

GHL Seeks to Settle Dolphin Drilling Dispute with Cash, Nigeria Rig Work

GHL Seeks to Settle Dolphin Dr

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine