Fossekall/Dompap contract to Subsea 7

Press Release
Friday, May 06, 2011

Statoil has awarded Subsea 7 a contract for marine installations and pipe-laying in connection with development of the Fossekall/Dompap discoveries off the coast of Helgeland in northern Norway.

The contract value is around NOK 970 million without options and extra charges due to the weather.

Discovered one year ago, Fossekall will also make it possible to develop the earlier find Dompap.

Fast-track development

This is Statoil’s fifth fast-track development and the largest so far.

“With all of the contracts awarded, we can already start production at the end of 2012. We’re very happy about this,” says Ivar Aasheim, Statoil’s head of field development on the Norwegian continental shelf.

Statoil considers it vital to reduce the time from discovery to production.

“We are about to reach this goal,” says Aasheim. “This development will only take two and a half years, and thereby meets the fast-track principles.”

Subsea field
The Fossekall/Dompap development will comprise three subsea templates tied back to the Norne ship in the Norwegian Sea. The distance from the field to the Norne ship is around 26 kilometres.

Recoverable reserves in Fossekall/Dompap are estimated at around 100 million barrels of oil equivalent. The majority of this is oil.

“These additional volumes are important to Statoil, and they help extend the lifetime of the Norne ship,” says operations north cluster head Morten Loktu.

Partners: Statoil (64% and operator), Petoro (24.5%) and Eni (11.5%).

 

Source: http://www.statoil.com

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

Contracts

Ross is Fleet Manager, Heidmar

Heidmar announced the promotion of Duncan Ross to Fleet Manager. Duncan joined Heidmar’s London office in 2012 as vessel manager.  Prior to joining Heidmar,

Diana Shipping Nets 2Q Loss

Diana Shipping Inc. today reported a net loss of $14.1 million and net loss attributed to common stockholders of $15.5 million for the second quarter of 2015, compared to net loss of $5.

U.S. Drillers Add Rigs Despite Crude Collapse

U.S. energy firms added 5 oil rigs this week after putting 21 rigs into service last week, the most in over a year, despite a collapse in U.S. crude prices from recent highs in June,

Offshore

Fratelli Neri Orders Damen Tug

One of the largest Italian tug owners, Fratelli Neri S.p.A, ordered its first Damen tug, an ASD 3212, on 21 July 2015.   The vessel will be the first ASD tug

NOIA Applauds Senate Passage of OPENS Act

NOIA President Randall Luthi issued the following statement on the Senate Energy and Natural Resources Committee’s passage of the OPENS Act, which will open new

Shell Moves Ahead in Arctic with Exploratory Well

Shell Oil's icebreaker MSV Fennica weaved through nine remaining protesters hanging from the St. Johns Bridge and made its way toward the Pacific Ocean.   Authorities

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Navigation Offshore Oil Salvage Ship Electronics Ship Repair Ship Simulators 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: 0.1754 sec (6 req/sec)