Statoil: Ministry approves PDO for first phase of Johan Sverdrup

Statoil ASA reported the plan for development and operation (PDO) for Johan Sverdrup field in the North Sea has been approved by Norway’s Ministry of Petroleum and Energy.

The ministry also approved associated plans for installation and operation of pipelines and power supply from shore.

Phase 1 will have four bridge-linked platforms and three subsea water injection templates. Production from the first phase is expected to reach 380,000 b/d of oil.

Statoil said contracts worth more than 40 billion kroner have been awarded with more contracts expected this year (OGJ Online, June 15, 2015).

The first piece of the Johan Sverdrup development—a 280-tonne predrilling template with eight well slots—was recently installed.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Making DDoS Mitigation Part of Your Incident Response Plan: Critical Steps and Best Practices

Like a new virulent strain of flu, the impact of a distributed denial of service (DDoS) attack is...

The Multi-Tax Challenge of Managing Excise Tax and Sales Tax

To be able to accurately calculate multiple tax types, companies must be prepared to continually ...

Operational Analytics in the Power Industry

Cloud computing, smart grids, and other technologies are changing transmission and distribution. ...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...