Gjoa Comes on Stream

Source: www.gulfoilandgas.com 11/8/2010, Location: Europe

The Gjoa oil and gas field developed by Statoil began production on 7 November, opening the way for more activity in the northernmost part of the Norwegian North Sea.

“We envisage that its facilities can make this field a hub for developments in this area,” says oystein Michelsen, executive vice president for Exploration & Production Norway.

The Vega gas satellite is also due to come on stream in the near future. Operated by Statoil, it has been developed with subsea installations tied back to Gjoa.

“Oil and gas are set to flow from Gjoa for at least 15 years to come,” says Michelsen. “However, we’ve seen that technology advances and the recovery factor constantly improves.

“There are also openings for further development in the area, so the field’s platform and infrastructure has been designed for a producing life of at least 30 years.


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Related Categories: Diving Contractors  Dredging  FPSO Vessels and Equipment  General  Marine Services  Mooring Systems  Offshore Platforms  Subsea Production 

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