Statoil Production Resumes at Njord Field
Norwegian energy firm Statoil (STO) has resumed oil and gas production at its Njord platform after reinforcing the structure, but still plans to bring the platform to shore in 2016 for further upgrades.
Production at the Norwegian Sea platform was halted in 2013 after inspections revealed structural problems and Statoil has spent the past year repairing and reinforcing the platform.
"Njord A will produce oil and gas until the summer of 2016, after which it will be taken to shore for additional upgrades which will allow us to use the drilling system on board, and prepare it for many more good years of service on the Norwegian shelf," Statoil said in a Statement.
In 2013, when production was halted, the field was expected to produce 10,000 barrels of oil per day and 9.4 billion cubic metres of gas per year.
Reporting by Balazs Koranyi