New Developments in Offshore Norway

July 15, 2019

There are 21 development projects in progress; 14 in the North Sea, six in the Norwegian Sea and one in the Barents Sea, according to Norwegian Petroleum Directorate’s (NPD).

These projects represent diversity with new facilities, smaller discoveries that exploit existing infrastructure and major projects for improved recovery from mature fields, it said.

There are still many discoveries that have not yet submitted a Plan for Development and Operation (PDO) to the authorities. The NPD expects that development plans will be submitted for more projects over the next six months.

In the first half of 2019, the authorities approved the PDO for Johan Sverdrup Phase 2 and the PDO for Phase 2 of Gullfaks Shetland/Lista.

The Ministry of Petroleum and Energy also approved the development plans for Duva and the Gjøa P1 project in late June, both operated by Neptune Energy, as well as for Lundin’s Solveig development.

Total investments for these three projects amount to more than 16 billion kroner, and the total recoverable resources are estimated at more than 27 million Sm3 o.e.

On 1 July, Conoco Phillips submitted a PDO for Tor II in the North Sea. This is a redevelopment of a field that was in production earlier.



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