Operator Neptune Energy and its companions Wintershall Dea, Petoro and OKEA at this time introduced that manufacturing has began from the Gjøa P1 growth within the Norwegian sector of the North Sea.
Gjøa P1 has been developed by way of a brand new subsea template, tied again to current infrastructure on the Gjøa area. It is a two properly growth with one oil and one fuel producer. As deliberate, the fuel properly got here onstream on 22 February, with the oil properly deliberate to start-up later this week.
The semi-submersible Gjøa manufacturing unit is galvanized with hydropower from shore and has one of many lowest CO2 footprints per produced barrel of oil equal (boe) on the Norwegian Shelf.
Neptune Energy’s Managing Director in Norway, Odin Estensen, stated: “This is a crucial milestone for Neptune and our Gjøa companions and demonstrates our dedication to spend money on Norway.
“Despite the challenges of the pandemic, we delivered the undertaking on time and on funds. The start-up of Gjøa P1 underlines the Gjøa platform’s place as an necessary hub, growing whole remaining developed reserves at Gjøa by 30%.”
Good reservoir administration has already prolonged the sector life significantly. Gjøa is now set to supply over 100 million boe greater than was estimated when manufacturing started in 2010. Gjøa P1 will assist additional maximise use of hydrocarbon assets.
Estensen added: “The start-up of Gjøa P1, in addition to the upcoming manufacturing begin from the neighbouring Duva area, strengthens Neptune’s function within the northern a part of the North Sea, an necessary development space for the enterprise.”
Neptune Energy’s Projects and Engineering Director in Norway, Erik Oppedal, stated: “The P1 growth allows us to get better important portions of oil and fuel from deeper mendacity reservoirs, in addition to to utilise spare manufacturing capability. This will assist decrease manufacturing prices per barrel, including important worth to the Gjøa Licence Partners and to Norwegian society.”
Licence companions: Neptune Energy (30% and operator), Petoro AS (30%), Wintershall Dea Norge AS (28%), OKEA (12%).
Neptune Energy, headqurtered in London, is an unbiased world E&P firm with operations throughout the North Sea, North Africa and Asia Pacific.
(Source and picture: Neptune Energy/Gjoa manufacturing semi-submersible)

The submit NORWEGIAN NORTH SEA – NEPTUNE ENERGY BRINGS GJOA P1 DEVELOPMENT ON STREAM appeared first on Energy Global News.

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