PGNiG builds acreage position in Skarv area offshore mid-Norway

Offshore staff

WARSAW, Poland – PGNiG Upstream International has secured interests in four exploration and production licenses under Norway’s APA 2015 licensing round.

In the Norwegian Sea, the company will operate the PL838 license, the eastern part of which adjoins the BP-operated Skarv field. Tullow Oil Norge and E.ON E&P Norge are PGNiG’s partners.

To the west of Skarv, the company gained an 11.9% stake in PL839, operated by BP. The other concessionaires are Statoil Petroleum and E.ON.

In the North Sea, PGNiG gained 8% of Statoil-operated PL813, near the Gina Krog production license in which it is also present. The other partners are Total E&P Norge and Det norske oljeselskap.

Finally, the company will partner with operator Edison Norge, plus Lime Petroleum and KUFPEC, in PL850 licence in the Barents Sea, 50 km (31 mi) from the northern Norwegian mainland.

According to a Reuters report, PGNiG’s plan to construct a gas pipeline between Norway and Poland to reduce its dependence on Russian gas imports.

The new line could begin operating around the time of the 2022 expiry of PGNiG’s current contract to buy gas from Gazprom.

01/29/2016

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