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Equinor Given Consent to Extend the Producing Life of Asgard C

Source: www.gulfoilandgas.com 6/29/2020, Location: Europe

Norway's Petroleum Safety Authority has given Equinor consent to extend the producing life of Asgard C until 30 September 2028.

Asgard C is an FSO (Floating Storage and Offloading unit) used to store condensate produced by Asgard and the Kristin/Tyrihans fields at Haltenbanken.

Åsgard is a field in the central part of the Norwegian Sea. The water depth in the area is 240-300 metres. Åsgard was discovered in 1981, and the plan for development and operation (PDO) was approved in 1996. The field has been developed with subsea wells tied-back to a production, storage and offloading vessel (FPSO), Åsgard A. The development also includes Åsgard B, a floating, semi-submersible facility for gas and condensate processing. The gas centre is connected to a storage vessel for condensate, Åsgard C. Production from Åsgard A began in 1999, while Åsgard B and C came on stream in 2000.

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