First Oil from the Edvard Grieg Field, Offshore Norway

Source: www.gulfoilandgas.com 11/30/2015, Location: Europe

Lundin Petroleum AB is pleased to announce that first oil from the Edvard Grieg field in the Norwegian North Sea was achieved on 28 November 2015. The Edvard Grieg field has commenced production and marks the beginning of a transformational increase in Lundin Petroleum’s production levels and cash flow generation going forward.

Alex Schneiter, President and CEO of Lundin Petroleum comments: “I am extremely proud that we have delivered first oil from Edvard Grieg on schedule and on budget. This is a remarkable achievement by our Norwegian project team, our contractors and subcontractors that was made possible by the excellent support received from our partners and the government in Norway.

I am particularly thankful to and proud of the people who discovered, executed the development of and are now operating the Edvard Grieg field in an exemplary way”, says Alex Schneiter.

The Edvard Grieg field is part of PL338 on the Utsira High in the North Sea, about 180 km west of Stavanger. The field was discovered in 2007 with Lundin Petroleum’s first operated exploration well in Norway.

The Edvard Grieg field is estimated to contain gross 2P reserves of 187 million barrels of oil equivalents. A successful appraisal well in the southeast of the Edvard Grieg field, drilled earlier this year, is anticipated to lead to a reserves increase once the year end 2015 reserves certification process has been completed.

The Edvard Grieg field has been developed with a steel jacket platform resting on the seabed. The topsides weigh about 22,500 tonnes and include a processing facility, utility module and living quarters. Most of the construction work took place in Norway, with Kvaerner as main contractor and a long list of Norwegian and foreign sub-contractors. The engineering was conducted by Aker Solutions, the living quarters and helicopter deck were delivered by Apply Leirvik, while the jacket was constructed at Kvaerner Verdal. The platform deck was built at Kvaerner Stord and Aker Solutions in Egersund. Statoil Petroleum has been responsible for construction and installation of the export pipelines.

Kristin Faerovik, Managing Director of Lundin Norway comments: "First oil from Edvard Grieg is a very proud moment for us all. The project execution capabilities proven by this delivery, coupled with the ingenuity of our exploration team, provide a hugely exciting platform for further growth in Norway".

Development drilling with the Rowan Viking jack-up rig will resume shortly and a total of ten production wells and four water injection wells are planned to be drilled with plateau production expected during the second half of 2016. The drilling of the development wells is expected to continue into 2018.

Edvard Grieg has been designed as a field centre, and will receive oil and gas from the neighbouring field Ivar Aasen for further processing. The oil is being transported via the Grane pipeline to the Sture terminal on the west coast of Norway, while gas will be transported via a separate pipeline system to St. Fergus in Scotland. Lundin Norway AS, a wholly owned subsidiary of Lundin Petroleum, is the operator of PL338 with a 50 percent working interest. The partners are OMV Norge with 20 percent, Statoil with 15 percent and Wintershall Norge with 15 percent.


Egypt >>  4/12/2021 - United Oil & Gas PLC ("UOG"), the growing oil and gas company with a portfolio of production, development, exploration and appraisal assets, offers a ...
Russia >>  4/12/2021 - PAO NOVATEK (“NOVATEK”) reported preliminary operating data for the first quarter 2021. ...

Slovenia >>  4/12/2021 - Ascent Resources, the onshore Caribbean, Hispanic American and European focused energy and natural resources company, has provided an update on its Sl...
Norway >>  4/9/2021 - The Petroleum Safety Authority Norway has given Equinor consent for life extensions for the Heimdal facility with associated pipelines and wells, unti...

Brazil >>  4/7/2021 - Petrobras postponed the forecast for the start of production of Mero 1, through the FPSO Guanabara, from the 4th quarter of 2021 to the 1st quarter of...
China >>  4/7/2021 - According to PetroChina Southwest Oil and Gas Field Company (“Southwest Oil and Gas Field”) on the 2nd: In the first quarter of 2021, the company prod...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.