Neptune to Present Plan for Duva, Gjøa P1

February 21, 2019

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)



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