Statoil Plans for Development of Skuld Field, Norway

Press Release
Tuesday, September 27, 2011
Image courtesy Statoil
Statoil and its partners have submitted a plan for development and operation of the Skuld field on the Halten Bank to the authorities. Norne operations vice president Anita A. Stenhaug, handed over the plan to Norwegian state secretary Per Rune Henriksen during a ceremony at Statoil's office in Harstad, Norway on 26 September. Recoverable reserves in Skuld are estimated at 90 million barrels of oil equivalents, mostly oil. Total investments are estimated at nearly NOK 10 billion (USD 1.7 bullion). Skuld will be implemented as a fast-track development and the field will be tied to the Norne production ship. This development brings the number of Statoil fast-track PDOs to five, with Skuld the largest fast-track development so far. The plan is to have all five in operation in late 2012/early 2013. In total, the fast-track developments are expected to produce nearly 90,000 barrels per day in 2014. Skuld will contribute more than half of this volume. Available material includes general views.

Maritime Today

The Maritime Industry's original and most viewed E-News Service

Maritime Reporter November 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds


Sandra Weakens to Tropical Storm off Mexico's Coast

Hurricane Sandra weakened to a tropical storm on Friday and was expected to continue losing strength as it approached Mexico's Pacific coast, the U.S. National Hurricane Center (NHC) said.

Extended Warranty from Yanmar for Sailboat Engines

Yanmar Marine International B.V. has introduced an extended 3 years’ period of YANMAR Limited Warranty for Sailboat Engine Models. This extended warranty of

Fugro's Havila Harmony to join MH370 Search

Fugro is providing an additional vessel, the Havila Harmony, to join the search for the missing flight MH370 in the southern Indian Ocean. From the 93-metre multi-role vessel,

Maritime Security Naval Architecture Navigation Offshore Oil Pipelines Port Authority Salvage Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0777 sec (13 req/sec)