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Norway's Ministry Approves the PDO for DEA's Dvalin Development

Source: www.gulfoilandgas.com 3/22/2017, Location: Europe

The plan for Development and Operation (PDO) for the DEA operated Dvalin development has been approved by the Ministry of Petroleum and Energy. With development costs of estimated 1.1 billion Euros (10 billion Norwegian Kroner), the Dvalin development in the Norwegian Sea was the largest PDO handed over to the Ministry in 2016.

“This approval is a major milestone for the Dvalin project, and we are committed to develop the project and start production in 2020”, said Hans-Hermann Andreae, Managing Director of DEA Norge. “The Dvalin development creates jobs in Trondelag, More og Romsdal, Rogaland and Oslo/Akershus in a time, when activity is needed. We are proud of leading a project that has widespread ripple effects. In addition, the development contributes significantly to DEA’s ambition to further grow our business in Norway”, says Andreae.

Just after the PDO was handed over in October 2016, major contracts were awarded to Aibel, Aker Solutions and Technip Norge AS. Currently, engineering and detailed planning are carried out. Production of the new modules to be placed at the Heidrun platform and the subsea production systems is expected to start later this year.

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